ValuationDepreciationEASY
The three types of depreciation in appraisal are:
Correct Answer
A) Physical, functional, and external
Depreciation includes physical deterioration (wear and tear), functional obsolescence (outdated features), and external/economic obsolescence (negative outside influences).
Answer Options
A
Physical, functional, and externalB
Interior, exterior, and structuralC
Normal, accelerated, and decliningD
Short-term, long-term, and permanentWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Valuation Question
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Background Knowledge for Valuation
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Real World Application in Valuation
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Common Mistakes to Avoid on Valuation Questions
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Related Topics & Key Terms
Related Topics:
curable-incurablecost-approach
Key Terms:
depreciationPFEphysicalfunctionalexternal
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