ST. CLAIR COLLEGE
ZEKELMAN
~ SCHOOL®
BUSINESS
& INFORMATION TECHNOLOGY
St. Clair College of Applied Arts and Technology
Winter 2026
ACC 435C Test #2 Version A
Student Name: gO lw,-!L, P~
Question Possible Actual
Marks Marks
1 8
2 10
3 22
Total 40
, ACC 435C
Test #2 Version A
Winter 2026
Question 1: (8 Marks)
Multiple Choice: Please circle the most appropriate response to each of the following:
1) Business income after deducting all expenses except CCA is $15,000. The business owner wishes to
reduce business income to nil after claiming CCA. The required $15,000 in CCA can be claimed from four
different CCA classes, each of which would allow a CCA claim of more than $15,000. If the business
wishes to maximize future CCA, the $15,000 should be claimed from:
A) Class 44.
B) Class 10.
) Class 53.
6 Class 8.
2) The capital cost of a depreciable property includes a number of capital cost components. Indicate
which cost components would NOT be considered part of the capital cost.
A) Legal fees incurred to acquire the property
B) Custom duties paid
@Fixe and theft insurance on the property
D) Non-refundable provincial sales taxes
3) During the current year, Denos Corporation incurred costs of $45,000 for leasehold improvements to its
newly rented building. The lease was signed in the current year for an initial term of three years plus four
successive options to renew the lease, each for an additional one year term. Which one of the following
amounts represents the maximum CCA claim in the current year?
$9,000
B) $8,438
C) $27,000
D) $16,876
4) In 2025 Desiderata Design Corp. purchased a new BMW for $42,000. The car is used exclusively for
business use. The automobile is not a zero-emission vehicle. The maximum CCA that can be claimed for
2025 is:
A) $17,000.
B) $18,900.
& $11,400.
D) $12,600.
Page 2 of 11
ZEKELMAN
~ SCHOOL®
BUSINESS
& INFORMATION TECHNOLOGY
St. Clair College of Applied Arts and Technology
Winter 2026
ACC 435C Test #2 Version A
Student Name: gO lw,-!L, P~
Question Possible Actual
Marks Marks
1 8
2 10
3 22
Total 40
, ACC 435C
Test #2 Version A
Winter 2026
Question 1: (8 Marks)
Multiple Choice: Please circle the most appropriate response to each of the following:
1) Business income after deducting all expenses except CCA is $15,000. The business owner wishes to
reduce business income to nil after claiming CCA. The required $15,000 in CCA can be claimed from four
different CCA classes, each of which would allow a CCA claim of more than $15,000. If the business
wishes to maximize future CCA, the $15,000 should be claimed from:
A) Class 44.
B) Class 10.
) Class 53.
6 Class 8.
2) The capital cost of a depreciable property includes a number of capital cost components. Indicate
which cost components would NOT be considered part of the capital cost.
A) Legal fees incurred to acquire the property
B) Custom duties paid
@Fixe and theft insurance on the property
D) Non-refundable provincial sales taxes
3) During the current year, Denos Corporation incurred costs of $45,000 for leasehold improvements to its
newly rented building. The lease was signed in the current year for an initial term of three years plus four
successive options to renew the lease, each for an additional one year term. Which one of the following
amounts represents the maximum CCA claim in the current year?
$9,000
B) $8,438
C) $27,000
D) $16,876
4) In 2025 Desiderata Design Corp. purchased a new BMW for $42,000. The car is used exclusively for
business use. The automobile is not a zero-emission vehicle. The maximum CCA that can be claimed for
2025 is:
A) $17,000.
B) $18,900.
& $11,400.
D) $12,600.
Page 2 of 11
