Questions: Which of the following is not a relevant factor in computing depreciation? Multiple Choice Cost. Salvage value. Market value. Depreciation method. Useful life.

The answer is Market value.

Cost is a relevant factor in computing depreciation as it represents the initial value of the asset that will be depreciated over its useful life.

Salvage value is also a relevant factor because it is the estimated residual value of the asset at the end of its useful life, which is subtracted from the cost to determine the total amount to be depreciated.

Market value is not a relevant factor in computing depreciation. Depreciation is concerned with the allocation of the cost of an asset over its useful life, not its current market value.

The depreciation method (e.g., straight-line, declining balance) is a relevant factor as it determines the pattern in which the asset's cost is allocated over time.

Useful life is a relevant factor because it represents the period over which the asset is expected to be used, which directly affects the calculation of annual depreciation.