Civil Engineering MCQJE Level Civil Engineering
Book value in valuation is:
Estimation and CostingHighway Engineering, Estimating, Costing and ContractsHARD
Choose the correct answer
A
annual rent only
B
market value plus scrap value
C
original cost minus depreciation
D
sinking fund rate only
Correct Answer
C. original cost minus depreciation
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Book value is the depreciated value shown in accounts.
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