The accelerated write-off of capital costs in MACRS depreciation provides a taxable expense that reduces taxes at a faster rate than with straight-line depreciation
Therefore, according to ________ concepts, we can surmise that bigger tax cuts in the earlier years and lower tax cuts in the later years are better than a steady tax cut each year.
A) time-value of money
B) depreciation and sunk costs
C) depreciation and opportunity costs
D) interest rate
Answer: A
Business
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The ________ Act is also called the United States Arbitration Act
a. Labor Management Relations b. Davis-Bacon c. Federal Arbitration d. Goldwater-Nichols
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