SOFE
AFE · Question #165
The amount that currently would be required to replace the service capacity of an asset is called:
The correct answer is D. Cost approach. See the full explanation below for the reasoning.
Question
The amount that currently would be required to replace the service capacity of an asset is called:
Options
- ARisk approach
- BMarket approach
- CIncome approach
- DCost approach
How the community answered
(42 responses)- A7% (3)
- B2% (1)
- C12% (5)
- D79% (33)
Community Discussion
No community discussion yet for this question.