Which of the Following Is Not a Factor in Selecting

question 66

Multiple Choice

Which of the following is not a factor in selecting a depreciation method?

• A)salvage value
• B)repair and maintenance costs
• C)inflation
• D)the risk associated with the cash flows from the asset

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Definitions:

Evidenced

Something that is made apparent or is provided as proof in support of an assertion, fact, or claim.

Collateral Contracts

Secondary contracts that supplement a primary contract, often providing for additional rights or obligations that enhance the original agreement.

Month-to-Month Lease

A rental agreement that renews each month automatically until either the landlord or tenant decides to terminate it.

Statute of Frauds

A legal principle that requires certain types of contracts to be in writing and signed by the party to be charged, to prevent fraud and perjury in contractual agreements.