In the clip below I am using a m16 on single shot but each shot still takes the same amount of ammo away as if I had it on burst. It also looks to be do the added damage as if it were on burst and all shots were landing. This seems a bit broken since you get the added damage but can avoid the added recoil.

https://clips.twitch.tv/SilkyRelievedPassionfruitWTRuck