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allsm [11]
2 years ago
15

While it is often sufficient to rely on informal methods of estimating the market value of real estate assets, the complexity an

d large dollar value of many real estate decisions dictate that formal estimates based on methodical collection and analysis of relevant market data should be utilized. The unbiased written estimate of the market value of a property is commonly referred to as a(n) __________.A) arm's length transaction
B) appraisal
C) property adjustment
D) reconciliation
Business
2 answers:
VladimirAG [237]2 years ago
4 0

Answer: Appraisal

Explanation:

To be able to get the right information about the value of a property to be sold an appraisal has to be conducted on the building. An appraisal of a property is simply a proper evaluation of that property's current market value before it's sold.

bazaltina [42]2 years ago
4 0

Answer:

B) appraisal

Explanation:

In real estate, an appraisal is a real property valuation that must be carried out by a certified property appraiser. A certified property appraiser is a trained professional who is licensed and belongs to the Appraisal Institute.

There are even different types of appraisers:

  1. Licensed real property appraiser: can appraise 1 to 4 non-complex properties with total value of $1 million, or 1 to 4 complex properties with total value of $250,000
  2. Certified residential real property appraiser: can appraise 1 to 4 residential units, no price limit or complexity requirement.
  3. Certified general real property appraiser: can appraise all types of properties.
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Harvey Automobiles uses a standard part in the manufacture of several of its trucks. The cost of producing 60 comma 000 parts is
Fittoniya [83]

Answer:

$69,000

Explanation:

The computation of the operating income would be shown below:

= Buying cost - making cost

where,

Buying cost equals to

= 60,000 × $3

= $180,000

And, the making cost would be

= Variable cost + fixed cost × avoid percentage

= $90,000 + $70,000 × 30%

= $90,000 + $21,000

= $111,000

Now put these values to the above formula  

So, the value would equal to

= $180,000 - $111,000

= $69,000

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3 years ago
An establishment owned by two or more persons in which only one person has unlimited personal liability for the business describ
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Limited partnerships
4 0
3 years ago
Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of hi
Airida [17]

Answer:

His four dimension are power distance, individualism vs collectivism, uncertainty avoidance, and masculinity vs femininity.

Explanation:

  • The theory of the cultural dimensions given by the Hofstede expresses the cross-culture communication that takes place within the organization and they are associated with the values on the society.  As cultures differs managerial practices also change.
  • The power distance is the first dimension which states that the members arrange themselves in a hierarchy and those who are less powerful are in a society of acceptance and Uncertainty avoidance is the dimension that describes the extent to which the society is at ease with the risks.
  • Individualism and collectivism state that society that is more individual and tends to be self-oriented and takes actions as compared to the actions that are taken in the groups and collective efforts.
  • The ideas of masculinity as make dominated achievements and heroism as opposite to the modesty and honesty of feminism in western nations rather than in eastern nations.
6 0
2 years ago
In a planned economy, prices of commodities are controlled by _________.
GalinKa [24]

The correct answer is C. The government

Explanation:

The key feature of a planned economy is the strong influence and control of government in the economy. Indeed, in a planned economy it is the government the entity that decides on trade and production, this includes the prices of goods and the types of products that should be manufactured. Moreover, this does not occur in market economies because in these customers, produces and the law of supply/demand determine factors of the economy. According to this, in a planned economy prices are controlled by government.

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3 years ago
One important benefit of a multiparty system over a two-party system is that ____________.
Musya8 [376]
<span>Actually one important benefit of a multiparty system over a two party system is that there will not be any single powerfull person controlling like a king or queen what ever and when ever he or she wants, without considering or taking consent of main important peoples, and also it gives more opinions and options in a multiparty system for the benefit of people.</span>
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3 years ago
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