Which of the Following Would Be Included in the Cost

question 90

Multiple Choice

Which of the following would be included in the cost of a constructed building?

• A)Purchase price of the building
• B)Payments for material, labor, and overhead
• C)Survey and legal fees
• D)Realtor commissions

---

Definitions:

Descriptive Statistics

Statistical procedures used to summarize, organize, and simplify data, including measures such as mean, median, mode, and standard deviation.

Generalize

The process of deriving general principles from specific instances, or making broad statements that apply across multiple cases.

Population

The total number of people living in a particular area or country.

Sample

A small part or quantity intended to show what the whole is like or to serve as a test.