Question: Modified Accelerated Cost Recovery System (MACRS) depreciation: a. Initially begins utilizing a declining balance depreciation method and allows taxpayers to switch to straight line at
Modified Accelerated Cost Recovery System (MACRS) depreciation:
| a. | Initially begins utilizing a declining balance depreciation method and allows taxpayers to switch to straight line at any time. | |
| b. | Adds the successive years of depreciable life of the asset to determine depreciation taken in a given year. | |
| c. | Provides for the same amount of depreciation to be taken during each year of the assets useful life. | |
| d. | All of the above. |
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