1. . The method of calculating the present marketable cost of a building:
(A) Valuation
(B) Surveying
(C) Quantity surveying
(D) a & b
2. . Valuation of a building depends on:
(A) Location
(B) Size
(C) Structure
(D) All of these
3. . The value of dismantled materials:
(A) Book value
(B) Scrap value
(C) Salvage value
(D) Market value
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 value
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 value
6. . The amount shown in the account book after allowing the necessary depreciation:
(A) Scrap value
(B) Market value
(C) Salvage value
(D) Book value
7. . A series of future cash payments that occur at a regular interval:
(A) Sinking fund
(B) Annuity
(C) Scrap value
(D) Market value
8. . The total income obtained from a property:
(A) Outgoing
(B) Net income
(C) Gross income
(D) None of these
9. . The total income obtained from a property after deducting the expenditures:
(A) Gross income
(B) Net income
(C) Outgoing
(D) None of these
10. . The expenditures spent from the income of a property:
(A) Gross income
(B) Outgoing
(C) Net income
(D) None of these
11. . The gradual exhaustion of the usefulness of a property:
(A) Depreciation
(B) Valuation
(C) Taxation
(D) None of these
12. . The rate of depreciation depends on:
(A) Initial condition
(B) Quality of maintenance
(C) All of these
(D) Mode of use