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Which depreciation method is used to determine depreciation for income tax purposes? A. Straight-line B. Double-declining balance C. Units-of-production D. MACRS
MACRS is used to determine depreciation for income tax purposes.
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Asked 5/1/2015 8:54:26 PM
Updated 5/2/2015 1:22:40 AM
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MACRS is used to determine depreciation for income tax purposes.
Added 5/2/2015 1:22:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/2/2015 1:49:23 AM], Rated good by jeifunk
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When the term F.O.B. shipping point is used, title passes when the goods reach the destination.
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Updated 3/27/2016 1:27:00 AM
1 Answer/Comment
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Added 3/27/2016 1:27:00 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [3/27/2016 2:40:44 AM]
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