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The Modified Accelerated Cost Recovery System (MACRS) specifies which of the following depreciation methods for land? A. 150% Declining Balance B. Double-decling balance C. Straight

The Modified Accelerated Cost Recovery System (MACRS) specifies which of the following depreciation methods for land?

A. 150% Declining Balance

B. Double-decling balance

C. Straight Line

D. Land is not a depreciable asset

The Modified Accelerated Cost Recovery System (MACRS) specifies which of the following depreciation methods for buildings?

A. 150% Declining Balance

B. Double-declining balance

C. Straight Line

D. Buildings are not depreciable assets

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