1. Which of the following is not considered in the sales approach of appraisal?

A. Original cost

B. Locational attributes

C. Past sales in the area

2. What type of depreciation is considered incurable?

A. Functional

B. Economic

C. Physical

3. A property suffers from functional obsolescence when

1. Reproduction Cost is increasing faster than Replacement Cost

2. Reproduction Cost > Replacement Cost

3. Replacement Cost is increasing faster than Replacement Cost