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The modified accelerated cost recovery system (MACRS) provides: a. The same cost recovery systems for realty and personalty. b. A single asset category to standardize
The modified accelerated cost recovery system (MACRS) provides:\ a. The same cost recovery systems for realty and personalty.\ b. A single asset category to standardize the depreciation process.\ c. A single class life to standardize the depreciation process.\ d. Separate cost recovery systems for realty and personalty.\ e. Standardized straight-line depreciation for every asset.
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