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Which of the following is not true of the standard mileage rate used in the...

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Question

Accounting

Which of the following is not true of the standard mileage rate used in the computation of business automobile expenses?
Group of answer choices
A.The rate generally increases from year to year.
B.The rate includes an allowance for depreciation on the automobile.
C.The rate does not include an allowance for business parking and tolls.
D.The rate can be used even if actual car expenses were used on the automobile in the previous year.

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