Question

Tax cost recovery methods do not include:

A. Amortization

B. Capitalization

C. Depletion

D. Depreciation

E. All of these are tax cost recovery methods

Answer 1

E. All of these are tax cost recovery methods

Step-by-step explanation:

The correct answer is E. All of these are tax cost recovery methods. Tax cost recovery methods include amortization, capitalization, depletion, and depreciation. These methods are used to spread the cost of an asset over its useful life for tax purposes. They allow businesses to deduct the cost of an asset over time rather than all at once.