Which of the following is not part of the modified accelerated cost recovery system (MACRS)?
A)Salvage value is ignored.
B)Used property can use MACRS.
C)Straight-line depreciation is allowed.
D)Sum-of-the-years digits depreciation is allowed.
E)All of the above are part of MACRS.

Question

Quizplus · Accepted Answer

Sum-of-the-years digits depreciation is not allowed under MACRS. MACRS only allows for straight-line or accelerated depreciation methods.

Which of the Following Is Not Part of the Modified