Which of the following statements concerning MACRS depreciation is true?

A. The recovery period under MACRS is based on the estimated useful life of the particular asset under consideration.

B. MACRS depreciation for the year in which an asset is placed in service or sold is based on the number of days the asset was used in the year.

C. Salvage value is taken into account in computing MACRS depreciation.

D. MACRS depreciation for buildings is not accelerated but is computed using the straight-line method.