In Valuing a Fire Station, an Appraiser Would Most Likely

question 39

Multiple Choice

In valuing a fire station, an appraiser would most likely emphasize the

• A) market approach.
• B) cost approach.
• C) income approach.
• D) capitalization approach.

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Definitions:

Depth Cues

Visual or auditory information that helps to determine the distance between the observer and objects in the environment.

Redundancy

The inclusion of extra components or information that are not necessary for functioning, often to ensure reliability or convey additional confirmation.

Geometry

A branch of mathematics concerned with the properties and relations of points, lines, surfaces, solids, and higher dimensional analogs.

Motion Parallax

A depth cue that arises from the relative movement of objects as the observer moves, allowing the brain to gauge distance.