Terminal loss is best described as:

Question $9$Answer

a$.$

Using a year's capital losses to offset capital gains in past years.

b$.$

When CCA and UCC are equal at the end of an asset's useful life.

c$.$

The difference between UCC and adjusted cost of disposal when the UCC is greater.

d$.$

Using a year's capital losses to offset capital gains in future years.

e$.$

The taxable difference between adjusted cost of disposal and UCC, when UCC is smaller.