Which of the following statements is CORRECT? A. Under current laws and regulati
ID: 2695926 • Letter: W
Question
Which of the following statements is CORRECT?A. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. B. UsingMACRS depreciationrather than straight line normally has the effect of speeding up cash flows and thus increasing a project Which of the following statements is CORRECT?
A. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. B. UsingMACRS depreciationrather than straight line normally has the effect of speeding up cash flows and thus increasing a project Which of the following statements is CORRECT? Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. UsingMACRS depreciationrather than straight line normally has the effect of speeding up cash flows and thus increasing a project UsingMACRS depreciationrather than straight line normally has the effect of speeding up cash flows and thus increasing a project A. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 5 years or longer. B. UsingMACRS depreciationrather than straight line normally has the effect of speeding up cash flows and thus increasing a project
Explanation / Answer
b is the answer