AAFM Exam CWM_LEVEL_2 Topic 2 Question 84 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 84
Topic #: 2

Section B (2 Mark)

Reproduction cost has been estimated as Rs 350,000 for a property with a 70-year economic life. The current effective age of the property is 15 years. The value of the land is estimated to be Rs 55,000. What is the estimated market value of the property using the cost approach, assuming no external or functional obsolescence?

ARs 3,30,000

BRs 3,45,500

CRs 2,50,000

DRs 2,75,000

Show Suggested Answer

Suggested Answer: B

by Mozell at Aug 06, 2024, 06:30 AM

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Natalya

3 days ago

I think the answer is A) Rs 3,30,000.

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