\r

Management Short Question | Gkseries

Home
General Knowledge
under-the-modified-accelerated-cost-recovery-system-macrs-an-asset-in

Question

Under the Modified Accelerated Cost Recovery System (MACRS) an asset in the “5 year property class” would typically be depreciated over how many years ?

A 4 years

B 5 years

C 6 years

D 7 years

Answer & Explanation
Answer: 6 years

8000 static gk mcqs