Which of the Following Would Not Be Included in the Cost

question 199

Multiple Choice

Which of the following would not be included in the cost of land?

• A)Cost of clearing unneeded building from land
• B)Sewer assessment from local government
• C)Cost of paving land for parking
• D)Commission to real estate agent

---

Definitions:

Domestic Firm

A company that operates primarily within the borders of its home country and is subject to its home country's jurisdiction and regulations.

Ownership Interest

Indicates an individual's or entity's legal rights and stakes in a company or property.

Consolidated Stockholders' Equity

The total equity in a conglomerate of all the shareholders combined, as if the conglomerate and its subsidiaries were a single entity.

Investment Income

Income received from investment assets, including dividends, interest, and capital gains.