Answer with one in your own voice. Answer below (label your answer numbers and sources Q 11-2 Depreciation is a process of cost allocation, not valuation. Explain this statement. Q 11-3 Identify and define the three characterist Cut an asset that must be established to determine periodic depreciation, depletion, or amortization Q 11-4 Discuss the factors that influence the estimation of servic asset Q 11-5 What is meant by depreciable base? How is it determined? Q 11-6 Briefly differentiate between activity-based and time-based allocation methods. 6 e life for a depreciable