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Question 5 (2 points) A Smith School of Business Commerce student is trying to explain to their parents, who only understand accounting terms, what the

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Question 5 (2 points) A Smith School of Business Commerce student is trying to explain to their parents, who only understand accounting terms, what the Canada Revenue Agency means by the terms "CCA" and "UCC". Which of the below would best fill in the blanks in the following explanation: "CCA" is like whereas "UCC" is like Tax-based Depreciation; Tax-based Net Property, Plant and Equipment. Tax-based Net Property, Plant and Equipment; Tax-based Retained Earnings. Tax-based Depreciation; Tax-based Gross Property, Plant and Equipment. Tax-based Net Income; Tax-based Retained Earnings. Previous Page Next Page Page 5 of 14

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