Create a distortion in the accounting records

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Reference no: EM13786656

In most cases, companies can select whichever depreciation method they deem appropriate for assets. The IRS, however requires companies to use MACRS. Doesn't this create a distortion in the accounting records?

Reference no: EM13786656

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Create a distortion in the accounting records : In most cases, companies can select whichever depreciation method they deem appropriate for assets. The IRS, however requires companies to use MACRS. Doesn't this create a distortion in the accounting records?

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