Civil Engineering MCQJE Level Civil Engineering
Salvage value is:
Estimation and CostingHighway Engineering, Estimating, Costing and ContractsHARD
Choose the correct answer
A
cost of first construction
B
annual repair cost
C
value of asset at end of useful life
D
contractor profit
Correct Answer
C. value of asset at end of useful life
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Salvage value is residual sale value after useful service life.
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