Question: True or False (Shows references are required) 3. 4. 5. The three factors in cost allocation of a depreciable asset are service life, the allocation

True or False (Shows references are required) 3. 4. 5. The three factors in cost allocation of a depreciable asset are service life, the allocation base, and the allocation method. Total depreciation is the same over the life of an asset regardless of the method of depreciation used. The three factors in cost allocation for depreciation, amortization, and depletion are service life, the allocation base, and the allocation method

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