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28. an appraiser has been hired to value an office building. what approach will he be most likely to use to determine the value of this investment?

Sagot :

he will most likely use Appraisal approach to determine the value of this investment.

The appraisal technique explains how to determine an asset's worth based on its cost, the income it produces, and its Fair Market Value (FMW) in comparison to other assets of a similar nature. The value that results from the appraisal is simply an educated guess that tries to predict the price that an item would probably get on the open market. Although they are frequently done in conjunction with a sale of an object, appraisals can also be done for insurance or taxes reasons.

To know more about appraisal approach :
https://brainly.com/question/14096512

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