An Office Building Is on a Lot Valued at $40,000

question 28

Multiple Choice

An office building is on a lot valued at $40,000. It would cost $150,000 to replace the building structure today, but the improvements have depreciated 20%. Using the cost approach, what is the value of the property?

• A) $40,000
• B) $120,000
• C) $160,000
• D) $152,000

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Definitions:

Patient Questioning

A method used by healthcare providers to gather information from a patient about their health status, symptoms, and medical history.

Solution-Focused Therapists

Therapists who practice a short-term approach focusing on finding solutions in the present time and exploring one’s hopes for the future.

Positive Alternatives

Interventions or strategies that aim to replace negative behaviors or thoughts with positive and constructive ones.

Problem Behaviors

Refers to actions or behaviors exhibited by individuals that are socially unacceptable, potentially harmful, or indicative of psychological issues.