The relevant factors in computing depreciation do not include:
A)Cost.
B)Salvage value.
C)Useful life.
D)Depreciation method.
E)Market value.

Question

Quizplus · Accepted Answer

Market value is not a relevant factor in computing depreciation as it is not used to determine the amount of depreciation expense recorded. The other factors listed (cost, salvage value, useful life, and depreciation method) are all essential in determining depreciation.

The Relevant Factors in Computing Depreciation Do Not Include