answer

Under the modified accelerated cost recovery system, the cost of an asset is recovered: a. Over a time period that generally is shorter than the economic () life of the asset. b. Over an amount that generally is lower than the historical cost () of the asset. c. Over a time period equal to 90% of the economic life of the () asset. d. Over an amount that generally is higher than the historical cost () of the asset. e. Over a time period that generally is longer than the economic () life of the asset