Choose the One Most Appropriate Answer for Each

question 51

Multiple Choice

Choose the one most appropriate answer for each.
-a method of valuing property based on the monetary return it is expected to produce

• A)adjustments
• B)appraisal
• C)buyer's market
• D)capitalize
• E)comparables
• F)cost approach
• G)curable depreciation
• H)depreciation
• I)functional obsolescence
• J)gross rent multiplier (GRM)
• K)highest and best use
• L)income approach
• M)incurable depreciation
• N)market approach
• O)net operating income (NOI)
• P)operating expenses
• Q)physical deterioration
• R)reproduction cost
• S)scheduled gross income
• T)subject property

---

Definitions:

Ethically Uncomfortable Alternatives

Choices or options that present moral dilemmas or discomfort due to potential harm or ethical issues.

Utility Question

A query aimed at determining the usefulness or practical value of information, actions, or decisions.

Crisis Environments

Situations or settings characterized by instability, danger, or uncertainty, requiring urgent attention and action.

Probabilities

The measure of the likelihood that an event will occur, usually expressed as a number between 0 and 1.