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

Question

Quizplus · Accepted Answer

Market value is not a relevant factor in computing depreciation as it is based on the original cost, salvage value, depreciation method, and useful life of the asset. Market value is typically used for determining the current value of an asset in the market, but it is not a factor in computing depreciation.

The Relevant Factors in Computing Depreciation Do Not Include