Computer · Estimating, Costing and Valuation
Salvage value is defined as the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1value of dismantled materials of a property at the end of its utility period
- 2estimated value of a built-up property at the end of its useful life without being dismantled✓
- 3value of the property shown in the account book in that particular year
- 4present value of a property considering it to be replaced at the current mark et rates
Correct answer
estimated value of a built-up property at the end of its useful life without being dismantled
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