TRUE OR FALSE IF FALSE EXPLANATION REQUIRE

TRUE OR FALSE - IF FALSE (Explanation Required 1. In calculating the weighted average accumulated expenditure -for the expenditure on 04/19 for a building that was completed on 12/31, the ratio to multiply the expenditure by would be 9/12. 2. Renovations, Additions, and Rearrangements, etc. often contain "gray areas subject to management or auditor judgment. 3. The Double Declining balance method is calculated the same way for MACRS. ABC 4. When a company purchases a building with the intent of selling it in the near future, the building should be capitalized