Which of the following is not a factor in computing depreciation for a period?

Question

Quizplus · Accepted Answer

Depreciation is the process of allocating the cost of a tangible asset over its useful life. The factors involved in computing depreciation include the method of cost allocation (such as straight-line or declining balance), the service life of the asset, and the residual value (or salvage value) at the end of its useful life. Present value is not a factor in computing depreciation; it is a concept used in discounting future cash flows to their value in present terms.

Which of the Following Is Not a Factor in Computing