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1. Which of the following is not a characteristic of MACRS for property other than real estate? a. MACRS uses shorter asset lives. b. MACRS

1. Which of the following is not a characteristic of MACRS for property other than real estate? a. MACRS uses shorter asset lives. b. MACRS ignores salvage value. c. MACRS increases taxable income in the early years of the assets life. d. MACRS accelerates cost recovery.

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