Computer · Valuation
Consider the following statements with respect to the methods of valuation and identify the correct option. Statement A: Rental method of valuation is a suitable method of valuation if the rent is known or probable rent is determined by enquiries. Statement B: 'Valuation based on profit' is a type of 'development method of valuation'.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement B is correct and A is incorrect.
- 2Statement A is correct and B is incorrect.✓
- 3Both statements are incorrect.
- 4Both statements are correct.
Correct answer
Statement A is correct and B is incorrect.
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