As Part of the Data Analysis Step in the Appraisal

question 22

Multiple Choice

As part of the data analysis step in the appraisal process,it is necessary to consider the highest and best use of the property in question.In regards to determining highest and best use,all of the following statements are true EXCEPT:

• A)The proposed property use must be legally permissible.
• B)It must be physically possible for the property to be used in the manner specified.
• C)No financially limits are considered when determining the property's best use.
• D)The property use must provide the greatest benefit to the owner.

---

Definitions:

Investing Transactions

Activities related to the acquisition or disposal of long-term assets and investments not included in cash equivalents within a company.

Cash Flow Statement

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents.

Investing Activities

Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents, as part of a company's investment strategy.

Treasury Stock

Refers to shares that were once part of the circulation on the open market and have been bought back by the issuing company, reducing shareholders' equity.