19. Businesses have the ability to elect to take the cost of certain qualifying property as a Section 179 expense. Under this rule, the cost is expensed immediately rather than being capitalized. Which of the following statements is not true in connection with Section 179 acquisitions? - The cost spent for off-the-shelf computer software qualifies as long as it has a useful life of more than one year. - There is a maximum amount that can be taken as a Section 179 expense. - If the company buys a large quantity of qualifying property, the maximum amount that can be deducted under Section 179 may be reduced, eventually to zero. - Buildings are qualifying property for Section 179 expense but land is not