The idea that each branch of government can act as a check on the power of the other branches is known as:

a. federalism.

b. limitation of powers.

c. restraint of government.

d. separation of powers.

d

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The t-distribution is used to obtain the critical value in developing a confidence interval when the population distribution is not known or the sample size is small

Indicate whether the statement is true or false

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Which of the following statements with respect to the depreciation of real property under MACRS is correct?

a. Real property is depreciated using a mid-quarter convention. b. Only one-half year of depreciation is allowed in the year of acquisition of real property, regardless of the actual date the property is placed in service. c. Assuming the property is not disposed of during the year, the depreciation deduction for the second year of use of the real property will be greater than the depreciation deduction in the first year. d. In some cases, where a significant amount of property is acquired during the last quarter of the taxpayer's tax year, the taxpayer may be required to use a mid-quarter convention in calculating depreciation on real property. e. None of the above.

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