s. The relevant factor(s) in computing depreciation include: A Cost B. Salvage value C. Useful lite Depreciation method E. All of the above A Is appied to land B. Measures physical deterioration of an asset C. Measures the decline in market value of an asset D Is the process of allocating to expense the cost of a plant asset E. is an outflow of cash from the use of a plant asset 10. Once the estimated depreciation expense for an asset is calculated: A t cannot be changed due to the historical cost principle C. The esti due to the consistency principle D. It may be revised based on new E. Any changes are accumulated and cannot be changed, however, new information should be disclosed in financial statement footnotes recogrized when the asset is sold 11.When originally purchased, a vehicle had an estimated useful life of 8 years. The vehicle cost $23,000 and its estimated salvage value is $1,500. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals: A $5,375.00 B. $2,687.50 C. $2,856.25 D. $10,750.00 E. $5,543.75 12. M because any companies use accelerated depreciation in computing taxable income A Tsing t causes a company to use higher income in the early years of the assets useul e B. It is required by financial reporting rules C. It is required by the tax rules D. The results are identical to straight-line depreciation E. It postpones tax before payment is due company can use the resources now to earn additional income payments until ater years and the