He software which controls the basic workings of the computer system is called a(n ____

The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method which expenses an asset over a single year becaus

ollegr [7]

The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.

<h3>What is depreciation?</h3>

Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.

Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.

Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.

Learn more about devaluation here:

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5 0

1 year ago

One important difference between capital budgeting and security analysis is that in security analysis the analyst must generally

Rashid [163]

Answer: True

Explanation:

Capital budgeting is the method used in the planning process in the organisations used to evaluate the long term project investing. Security analysis is the method of determining the proper value of debt, equity or hybrid securities of an organisation.

In simple words capital budgeting is an evaluation method and security analysis is the valuation method. Capital budgeting is done fro the data that is usually expected in nature whereas security analysis is done on the data which already exists in market.

Security analysis is done for valuing the securities thus the cash flows are given and we have to use that data for valuation purposes but in capital budgeting we can influence the cash flows as we have an objective to achieve .

8 0

2 years ago

Rianne has to choose between returning to graduate school to pursue her love of philosophy or going to work for a bank in town.

Zinaida [17]

Extrinsic Motivation.

Extrinsic motivation comes from external factors like money and job security. Intrinsic motivations come from internal rewards like happiness and love.

3 0

2 years ago

Training and development are roles filled by human resource specialists true or false

Agata [3.3K]

The answer is - false

3 0

2 years ago

Read 2 more answers

This year, Company LI built a light industrial facility in County G. The assessed property tax value of the facility is $20 mill

const2013 [10]

Answer:

Net Revenue=$120,000

Explanation:

Given Data:

Tax abated=4%

Assessed property tax value of the facility=$20,000,000

New assessed property tax value of the facility=$23,000,000

Required:

Net effect on County G’s current year tax revenue from the abatement=?

Solution:

Decrease in revenue=(0.04*$20,000,000)

Decrease in revenue=$800,000

Decrease in Revenue due to economic boom=0.04*$23,000,000

Decrease Revenue due to economic boom=$920,000

Net Revenue= Decrease Revenue due to economic boom-Decrease in revenue

Net Revenue=$920,000-$800,000

Net tax Revenue=$120,000

8 0

2 years ago

He software which controls the basic workings of the computer system is called a(n _____.