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All of the following are true of capital cost allowance except:

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All of the following are true of capital cost allowance except:

 Options:

A. it is a non-cash expense
B. it is not tax-deductible
C. it provides tax shield benefits
D. it should not be disregarded in capital budgeting decisions

 

The Correct Answer Is:

  • B. it is not tax-deductible

 

Conclusion

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