The three factors involved in the depreciation process are the depreciation base, the useful life, and the risk of obsolescence.

Question

Quizplus · Accepted Answer

The three main factors involved in the depreciation process are the cost of the asset, its estimated salvage value, and its useful life. The risk of obsolescence can affect the useful life but is not considered a separate factor in the basic depreciation process.

The Three Factors Involved in the Depreciation Process Are the Depreciation