Which of the following is the least problematic factor to determine when preparing to calculate depreciation?
A)useful life.
B)estimated salvage value.
C)technical obsolescence.
D)acquisition cost.

Question

Quizplus · Accepted Answer

Determining acquisition cost is usually the easiest factor, as it simply involves recording the initial cost of the asset. Useful life, estimated salvage value, and technical obsolescence are all more subjective factors that require more estimation and analysis.

Which of the Following Is the Least Problematic Factor to Determine