Question
When compared to Real Estate Appraisals, which one of the following is NOT a main difference between Business Valuations and Real Estate Appraisals? a. Professional
When compared to Real Estate Appraisals, which one of the following is NOT a main difference between Business Valuations and Real Estate Appraisals?
| a. | Professional standards are applied in Business Valuations (or Appraisals) and they are not applied in Real Estate appraisals | |
| b. | Business Valuations typically value an assemblage of assets rather than a single asset
| |
| c. | Business Valuations are rigidly structured than real estate appraisal approaches and often more complex
| |
| d. | Business Valuations follow less strictly the three-pronged real estate dictum of cost, market, and income approaches |
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
