Under the replacement cost approach of appraisal, an appraiser is least interested in:
a. depreciation.
b. the effective age of the property.
c. the original cost to build.
d. the value of the land.
Answer: c. the original cost to build.
Business
You might also like to view...
Computerized support is only used for organizational decisions that are responses to external pressures, not for taking advantage of opportunities
Indicate whether the statement is true or false
Business
Adequate documents and records is a subcomponent of the control environment
Indicate whether the statement is true or false
Business