A Contentious Issue with Heritage Assets Is Valuation

question 52

Multiple Choice

A contentious issue with heritage assets is valuation.This is a concern because:

• A) For some heritage assets no market really exists to determine fair value.
• B) As heritage assets are by their nature unique, it is difficult to compare them with similar assets.
• C) Heritage assets generally create negative cash flows and so using discounted cash flows to establish value is impractical.
• D) All of the given answers are correct.

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Definitions:

Studied Problem

An issue or challenge that has been the subject of detailed examination and research to understand its nature and find solutions.

Pseudoscience

A body of explanations or hypotheses that masquerades as science.

Unverifiable Claims

Statements or assertions that cannot be proven or disproven through investigation or evidence.

Emotional Appeals

Persuasive techniques that attempt to influence an audience by eliciting strong feelings rather than by using facts or logic.