Darrin Brown Bought a Pub

question 140

Multiple Choice

Darrin Brown bought a pub.The purchase price was $695,000.An appraiser provided the following appraisal values: land,$320,000;building,$370,000;and equipment,$60,000.What cost should be allocated to the building?

• A)$370,000
• B)$695,000
• C)$342,867
• D)$399,281

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Definitions:

Clear And Easy

Describes information, instructions, or processes that are straightforward, simple to understand, and unambiguous.

Sales Process

A set of repeatable steps a company takes to move a potential buyer from the early stage of awareness to a closed sale.

Specific Goals

Clear, defined objectives that are easy to understand and measure, facilitating task completion and providing direction.

Goal-Setting Theory

A psychological theory suggesting that setting specific, challenging, and attainable goals can significantly influence motivation and performance.