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Numerical Analysis and Review of the Home's Energy Consumption History

question 11

True/False

Numerical analysis and review of the home's energy consumption history, which will include both electrical and heating fuel bills is an important part of a residential audit.


Definitions:

Market Value

The existing price point for the acquisition or disposal of a service or asset in the marketplace.

Assets

Economic resources owned by a business or individual that are expected to bring future benefits or value.

Cost Method

An accounting method used to value inventory or investments, based on the historical cost paid for the asset.

Voting Stock

Voting stock refers to shares that give the shareholder the right to vote on company matters, such as electing the board of directors.

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