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stranahan stranahan
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7 years ago
Which of the statements below is FALSE?
A) Under the modified accelerated cost recovery system (MACRS) system of depreciation, it can be assumed that its assigned life class is the shortest allowable recovery period for allocating the capital expenditure costs and reducing taxes.
B) Under the modified accelerated cost recovery system (MACRS) system of depreciation, once the assigned class life is established, an adjustable percentage of the cost is expensed each year as depreciation.
C) Depreciation or "expired" costs each year do not reflect cash flows because the actual purchase and installation (outflow of dollars) of the machines have already taken place.
D) Under the modified accelerated cost recovery system (MACRS) system of depreciation, the government classifies all assets into groups that are assigned specific "lives" for the purpose of depreciation.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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Decrepit_Decrepit_
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
wrote...
#3
3 years ago
thank you
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