The Cost of Land Does Not Include

question 186

Multiple Choice

The cost of land does not include

• A) real estate brokers' commission.
• B) annual property taxes.
• C) accrued property taxes assumed by the purchaser.
• D) title fees.

---

Definitions:

Factory

A building or set of buildings where goods are manufactured or assembled chiefly by machines.

Customer

A rephrased definition: Refers to the recipient of goods, services, experiences, or values from a provider, essential to the economic ecosystem.

Omni-Channel Retail

A retail approach that provides customers with an integrated shopping experience by unifying user experiences from brick-and-mortar to mobile-browsing and everything in between.

Product Selection

The process of deciding which goods or services to offer for sale by assessing market demand, profitability, and supply chain capabilities.