True or False? The underlying rational behind the sales approach to value is that similar...
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Accounting
True or False?
The underlying rational behind the sales approach to value is that similar assets should sell for similar prices in a competitive market. The underlying rational behind the cost approach to value is that the price a buyer should pay for a piece of property should equal the cost to build an equivalent building.
Group of answer choices
a. False, False
b. False, True
c. True, True
d. True, False
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