Under bonus depreciation:

Multiple Choice

• assets are fully expenses when purchased.

• depreciable percentages decline throughout the asset's class life.

• straight-line depreciation percentages are doubled.

• all assets are depreciated over 5 years.

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Under bonus depreciation: Multiple Choice assets are fully expenses when purchased. depreciable percentages decline throughout the asset's class life. straight-line depreciation percentages are doubled. all assets are depreciated over 5 years