Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
1) The alternative depreciation system (ADS) uses which of the following conventions?
1) The alternative depreciation system (ADS) uses which of the following conventions?
A) The half-year convention
B) The midquarter convention
C) The midmonth convention
D) All of the above
2) Interest must be capitalized if the property being produced is real property,long-lived property, or property requiring more than 2 years to produce.
A) True
B) False
