13-10The Following Is NOT a Step in the Cost Approach

question 36

Multiple Choice

13-10.The following is NOT a step in the cost approach:

• A) estimate maximization for the improvement
• B) estimate depreciation for the improvement
• C) estimate the cost of replacing the improvement
• D) estimate the value of land as vacant

---

Definitions:

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, and problem-solving.

Counting

The action of determining the total number of items in a set or group.

Sorting Tasks

Activities or experiments designed to assess cognitive functions, where individuals categorize or arrange items according to specific criteria.

American Undergraduates

Pertains to students in universities or colleges in the United States who have not yet earned a bachelor's degree.