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:

Positive Psychology

An area of psychology focused on the study of positive human functioning and flourishing on multiple levels, including the biological, personal, relational, institutional, cultural, and global dimensions of life.

Human Flourishing

A concept that denotes a high level of well-being and life satisfaction, covering physical, emotional, and social well-being.

Subjective Well-being

An individual's perceived quality of life based on their own standards and criteria, often related to their emotional and mental states.

Do-good, Feel-good Phenomenon

The psychological effect where individuals experience positive emotions and improved well-being after performing altruistic acts or helping others.