Question
Which of the following is NOT one of the three requirements required for property to be depreciated? The property must have a determinable useful life
Which of the following is NOT one of the three requirements required for property to be depreciated?
The property must have a determinable useful life of more than one year.
The property must be used in a business or an income-producing activity
The property must be used in the business for no more than 12 months.
The taxpayer must own the property
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The Process Approach Audit Checklist For Manufacturing
Authors: Karen Welch
1st Edition
0873896440, 978-0873896443
