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Which of the following statements is false? a. MACRS depreciation ratesare higher than straight line depreciation rates for each year. b. Depreciation is the allocation
- Which of the following statements is false?
- a. MACRS depreciation ratesare higher than straight line depreciation rates for each year.
- b. Depreciation is the allocation of the asset's cost over time.
- c. MACRS is an accelerated depreciation method method.
- d. Assets are assumed to be purchased mid-year using the MACRS depreciation rules.
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