Accelerated cost recovery system - acrs, Cost Accounting

ACRS is a system of depreciation started by the Economic Recovery Tax Act of 1981. ACRS depreciation relies on recovery periods in spite of useful life. These periods were preset by the IRS.

Now the more adaptable modified accelerated cost recovery system (MACRS) substituted ACRS for property positioned into service after 1986

 

Posted Date: 7/27/2012 1:41:07 AM | Location : United States







Related Discussions:- Accelerated cost recovery system - acrs, Assignment Help, Ask Question on Accelerated cost recovery system - acrs, Get Answer, Expert's Help, Accelerated cost recovery system - acrs Discussions

Write discussion on Accelerated cost recovery system - acrs
Your posts are moderated
Related Questions
fixed expenses are incurred equally in the two half year periods,calculate


WORKED EXAMPLES OF EXPECTED CASH COLLECTIONS PATTERNS

Find the following values for a single cash flow: a. The future value of $500 invested at 8 percent for 1  year b. The future value of $500 invested at 8 percent for 5 years

Go the Hershey website to learn how to make Hershey chocolate. (There is also a "print friendly" version of the chocolate making process at the end of the video.) Review the proces


What is an advantage of using absorption costing? A. It permits a business to calculate the break-even point for production. B. It permits a business to calculate the total c

Fixed Overheads Variance This is defined like the difference between the fixed overheads attributed and the standard cost of fixed overheads absorbed in the production achieve

Rediger Inc. a manufacturing company, has provided the following data for the month of June. The balance in the Work in Process inventory account was $22,000 at the beginning of th

Making Variance Analysis More Meaningful To compose variance analysis as useful aid to management is the main objective of variance calculations.  However this can only be don