Position advertising copytesting (PACT) was designed originally to assist in the evaluation of television ads

For inventories, market value generally means the current replacement cost

Indicate whether the statement is true or false

Paul Property Owner makes significant improvements to a lot he has been holding for seven years. Which of the following is most likely to be true regarding Paul's improvements?

a. Paul's land will increase in value b. Paul's land will decrease in value c. Paul is developing a subdivision d. either a or b