Which One of the Following Types of Costs Should Not

question 8

Multiple Choice

Which one of the following types of costs should not be included in the cost of a building?

• A)costs of remodeling and reconditioning
• B)excavation costs
• C)unanticipated costs resulting from the condition of the land
• D)unanticipated construction costs, such as strike or fire losses

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Definitions:

Unemployed Category

A classification used in labor statistics to describe individuals who are not currently employed but are actively seeking employment.

Not in the Labor Force

Individuals not in the labor force are those who are not seeking employment and are not currently employed, including retirees, students, and homemakers.

Employed Category

A classification within the labor force that includes all individuals who are gainfully employed, either in full-time or part-time positions.

Employed Category

A classification used in labor statistics that includes individuals who are currently working for pay or profit, or as unpaid workers in a family business.