Question: what questions have the wrong answer selected? QUESTION 15 1 points v Saved The half-year conventions used by the ACRS rules and the MACRS rules

 what questions have the wrong answer selected? QUESTION 15 1 pointswhat questions have the wrong answer selected?

QUESTION 15 1 points v Saved The half-year conventions used by the ACRS rules and the MACRS rules are the same True False QUESTION 16 1 points Saved Under MACRS rules, a mid-quarter convention is required if more than 40% of the value of personal property is placed in service during the fourth quarter of the year. True False QUESTION 17 1 points Saved For personal property placed in service after December 31, 1992, the section 179 maximum deduction is limited to $17.500 True False QUESTION 18 1 points Saved The more than 50% business use only test applies to passenger automobiles. True False QUESTION 19 1 points Saved The Alternate Depreciation System (ADS) is used to calculate depreciation for AMT. True False QUESTION 20 1 points Saved Acquired goodwill is amortized over a 15-year period, with a half-year convention. True False

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