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A tax shield loss is created upon the sale of an asset from a pool will occur whenever: Multiple Choice (a) salvage is greater than

A tax shield loss is created upon the sale of an asset from a pool will occur whenever:

Multiple Choice

(a) salvage is greater than zero.

(b) the asset has been partially depreciated.

the corporation keeps two sets of books.

(d) the asset's market value exceeds its book value

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