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If a firm acquires a depreciable asset on September 1, it can add only one - third of the capital cost of the asset to

If a firm acquires a depreciable asset on September 1, it can add only one - third of the capital cost of the asset to the undepreciated capital cost (UCC) in the calulcation of the capital cost allowance (CCA) for the year. Select one

True

False

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