A horizontal audit is often conducted prior to a vertical audit, since the horizontal audit _____
a. often reveals areas that need further study
b. is less costly
c. is more likely to be conducted by a company specialist
d. is more likely to be nondisguised
Ans: a. often reveals areas that need further study
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An appraiser usually uses which of the following approaches in estimating the value of unimproved property:
A: Cost; B: Income; C: Gross rent multiplier; D: Comparison.
Skyrim Corp. lacks the capital and capacity to launch its new helicopter for full national and international distribution. If the test market results look promising, what should be management's next step?
A) retest the product in additional markets B) develop a planned market rollout over time C) liquidate its assets to gain capital and capacity D) seek the help of a nationally known consultant E) develop a prototype