Scrap value reduces the depreciable base of an asset

Indicate whether the statement is true or false.

Answer: TRUE

Business

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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.

Business

Some top-performing salespeople earn more than their managers. This compensation is most likely made up of:

A) bonuses only B) base salary, commissions, bonuses, and incentives C) commissions and charge-backs D) bonuses and dividends E) IPOs and base salary

Business