Barney Fletcher Practice Exam 1 Correctly Answered Latest Update
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Barney Fletcher
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Barney Fletcher
Barney Fletcher Practice Exam 1 Correctly Answered Latest Update
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| Uploaded on: | May 8, 2025 |
| Last updated: | May 17, 2025 |
| Number of pages: | 23 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Barney Fletcher Practice Exam 1 Correctly Answered Latest Update |
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Barney Fletcher Practice Exam 1 | Q&A Latest 2025/2026 100% PASS Which would NOT be used in the capitalization approach? A. gross income B. operating expenses C. reproduction cost D. allowance for vacancy - Answer -C. reproduction cost A property had a land value of $40,000, a 2,000 square feet structure with a rebuilding cost of $70 per square foot, depreciation of $5,000 due to functional obsolescence and $1,500 due to physical depreciation. What would be the estimate of value for this property using the cost approach? A. $133,500 B. $140,000 C. $173,500 D. $180,000 - Answer -C. $173,500
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