Darrin Brown Bought a Pub

question 140

Multiple Choice

Darrin Brown bought a pub.The purchase price was $695,000.An appraiser provided the following appraisal values: land,$320,000;building,$370,000;and equipment,$60,000.What cost should be allocated to the building?

• A)$370,000
• B)$695,000
• C)$342,867
• D)$399,281

Grasp the criteria and significance of scientific methods in management.

Comprehend the importance and global recognition of ISO certification in quality standards.

Understand the concept and practical applications of evidence-based management.

Recognize the contingency approach to management and its adaptability according to individual and situational needs.

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Definitions:

Predictive Validity

The extent to which a score or measure can predict future performance or behavior.

Test Outcome

The result or findings obtained from executing a statistical test or experiment.

Future

A time period that is yet to come, often discussed in the context of predictions, planning, and expectations.

Concurrent Criterion Validity

How well a test outcome is consistent with a criterion that exists in the present.