All of the Following Are Basic Approaches to Valuation Except

question 22

Multiple Choice

All of the following are basic approaches to valuation except:

• A) market approach.
• B) asset approach.
• C) income approach.
• D) cost approach.

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Definitions:

Resources

Refers to the inputs used in the production of goods and services, including natural, human, and capital resources.

Lower-Income Individuals

Persons or families who earn significantly less than the average income for their community or country, often facing financial challenges.

Choices

The act of selecting among available options or actions in decision-making processes.

Market Equilibrium

A market state where the supply of an item is exactly equal to its demand, leading to a stable price.