Which of the Following Are the Common Approaches Used to Value

question 13

Multiple Choice

Which of the following are the common approaches used to value a real estate asset?
I. Real property approach
II. Income approach
III. Cost approach
IV. Real estate investment approach
V. Sale comparison approach

• A)I, II, and III
• B)II, III, IV, and V
• C)II, III, and V
• D)I, III, and V
• E)I, II, III, and IV

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Definitions:

Behavior

The actions or reactions of an object or organism, usually in relation to the environment, which can be observed and measured.

Likert Scale

A psychometric scale commonly involved in research that employs questionnaires, used to gauge attitudes, values, or responses involving degrees of agreement or disagreement.

Environmental Protection

Efforts and policies aimed at preserving the natural environment from degradation or pollution to sustain ecological balance and conserve resources for future generations.

Values

Core beliefs or standards that guide behavior and decision-making, reflecting what is important to an individual or society.