Chapter 3 Flashcards
1
Q
Involves measuring depreciation by looking at comparable properties or income loss from rental or lease properties
A
Indirect methods
2
Q
Measured by the differences in selling prices of similar assets with and without the deficiency or other cause of depreciation
A
Market comparison
3
Q
Income loss due to the cause of depreciation
A
Capitalization
4
Q
Involve measuring the depreciation of the subject property directly
A
Direct methods
5
Q
Also known as a straight line method
A
Economic age life method
6
Q
Breakdown method requires a separation of elements of accrued depreciation into various categories
A
Observed condition
