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Q4 C. (20 Marks) a) What is Capital Cost Allowance and why is it important in the company's financial statements? If CCA is calculated wrongly

Q4 C. (20 Marks) a) What is Capital Cost Allowance and why is it important in the company's financial statements? If CCA is calculated wrongly how does this affect tax? Give your answer with an example of Income Statement (10 Marks)

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