Chapter 8 Valuation of Property MCQs 12 min Score: 0 Attempted: 0/12 Subscribe 1. . The method of calculating the present marketable cost of a building: (A) Valuation (B) Surveying (C) Quantity surveying (D) a & bShow All Answers 2. . Valuation of a building depends on: (A) Location (B) Size (C) Structure (D) All of theseShow All Answers 3. . The value of dismantled materials: (A) Book value (B) Scrap value (C) Salvage value (D) Market valueShow All Answers 4. . The value of the building at the end of the utility period without being dismantled: (A) Scrap value (B) Salvage value (C) Book value (D) Market valueShow All Answers 5. . The amount which can be obtained at any particular time from open market: (A) Scrap value (B) Book value (C) Market value (D) Salvage valueShow All Answers 6. . The amount shown in the account book after allowing the necessary depreciation: (A) Scrap value (B) Market value (C) Salvage value (D) Book valueShow All Answers 7. . A series of future cash payments that occur at a regular interval: (A) Sinking fund (B) Annuity (C) Scrap value (D) Market valueShow All Answers 8. . The total income obtained from a property: (A) Outgoing (B) Net income (C) Gross income (D) None of theseShow All Answers 9. . The total income obtained from a property after deducting the expenditures: (A) Gross income (B) Net income (C) Outgoing (D) None of theseShow All Answers 10. . The expenditures spent from the income of a property: (A) Gross income (B) Outgoing (C) Net income (D) None of theseShow All Answers 11. . The gradual exhaustion of the usefulness of a property: (A) Depreciation (B) Valuation (C) Taxation (D) None of theseShow All Answers 12. . The rate of depreciation depends on: (A) Initial condition (B) Quality of maintenance (C) All of these (D) Mode of useShow All Answers