A Government Experienced Significant Loss of Certain Roadways and Bridges

question 36

Multiple Choice

A government experienced significant loss of certain roadways and bridges as a result of major flooding.Which of the following estimation approaches would be most useful in estimating the amount of asset impairment that has occurred?

• A) Deflated depreciated replacement cost approach.
• B) Service units approach.
• C) Restorative cost approach.
• D) None of the above; each of these three approaches would be equally useful.

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Definitions:

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Appraisal Rights

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