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Author Question: The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method used for ________ ... (Read 196 times)

Bernana

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on: Jul 10, 2018
The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method used for ________ purposes.
 
  A) tax
  B) financial reporting
  C) budget
  D) cost accounting

Question 2

Because preferred stock is a form of ownership and has no maturity date, its claims on income and assets are secondary to those of the firm's creditors.
 
  Indicate whether the statement is true or false


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anoriega3

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


Bernana

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

Liamb2179

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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