Question:
The cost of land would not include _____.
(a) purchase price
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(c) costs of removing existing structures
(d) fees for insuring the title
(e) government assessments.
Cost:
Any monetary value or any economic benefit spent to acquire or to purchase something is known as cost. Cost can be of many types like fixed cost, variable cost, semi-variable cost, sunk cost, opportunity cost, relevant cost, etc.
Answer and Explanation:1
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- The correct answer is (b) cost of parking lot lighting
This option is correct because the cost of parking lot lighting will not be included in the...
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