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6. The Site Value when doing a Replacement Decision problem is calculated using: a. The original cost of the land b. The historical cost of

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6. The Site Value when doing a Replacement Decision problem is calculated using: a. The original cost of the land b. The historical cost of land in the area per square foot c. The market value of the land per square or front foot properties. 7. The Replacement Decision method is used to appraise a. Income b. Comparable sales of other c. Market Value of comparable d. Special Use 8. The vacancy and collection loss rates (V&C) for a given neighborhood should be approximately the same. a. True b. False income multiple. 9. The term GIM or Gross Income Multiplier is a a. Monthly b Semi-annual c. Quarterly d. Annual 10. The Gross Income Gross Rental model is consider a: a. Replacement Decision method b. Market or Sales method c. Depreciated Cost method d. Multi-Neighborhood method 6. The Site Value when doing a Replacement Decision problem is calculated using: a. The original cost of the land b. The historical cost of land in the area per square foot c. The market value of the land per square or front foot properties. 7. The Replacement Decision method is used to appraise a. Income b. Comparable sales of other c. Market Value of comparable d. Special Use 8. The vacancy and collection loss rates (V&C) for a given neighborhood should be approximately the same. a. True b. False income multiple. 9. The term GIM or Gross Income Multiplier is a a. Monthly b Semi-annual c. Quarterly d. Annual 10. The Gross Income Gross Rental model is consider a: a. Replacement Decision method b. Market or Sales method c. Depreciated Cost method d. Multi-Neighborhood method

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