If a Building Is Appraised for $85,000, It Is Offered

question 10

True/False

If a building is appraised for $85,000, it is offered for sale at $90,000, and the buyer pays $80,000 cash for it, the buyer would record the building at $85,000.

---

Definitions:

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that intelligence is not a single ability but consists of several distinct types.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is not a single general ability but rather a collection of distinct dimensions.

Linguistic

Pertains to language, including its structure, use, and the study of how words and sentences convey meaning.

Musical

Pertaining to music, involving the art or science of combining vocal or instrumental sounds to create harmony, rhythm, or expression.