The 'Area' Method of Allocating the Costs of Real Estate

question 6

Multiple Choice

The 'area' method of allocating the costs of real estate developments to individual lots:

• A) should be used where lots with the same area have similar expected values
• B) should be used where all lots have the same, or very similar areas
• C) is always the preferred method
• D) should always be used for industrial land

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