Accelerated Cost Recovery System

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Definition: Accelerated Cost Recovery System

Accelerated Cost Recovery System
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Full Definition of Accelerated Cost Recovery System

ACRS. Depreciation methods applied to limited partnership assets placed in service in 1986 or before. Replaced by the less-favorable Modified ACRS.

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Page URL
https://payrollheaven.com/define/accelerated-cost-recovery-system/
Modern Language Association (MLA):
Accelerated Cost Recovery System. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/accelerated-cost-recovery-system/.
Chicago Manual of Style (CMS):
Accelerated Cost Recovery System. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/accelerated-cost-recovery-system/ (accessed: April 18, 2024).
American Psychological Association (APA):
Accelerated Cost Recovery System. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/accelerated-cost-recovery-system/

Definition Sources

Definitions for Accelerated Cost Recovery System are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.