Depreciation Estimate Flashcards

0
Q

Functional Obsolescence

A

Curable - caused by super adequacy
Curable - caused by deficiency. Requiring an addition or substitution

Incurable - caused by super adequacy or deficiency

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1
Q

Physical Deterioration

A

Curable - deferred maintenance

Incurable - short lived or long lived

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2
Q

External Obsolescence

A

Straight to breakdown method

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