WorksheetsDay 75-Nov 10-worksheet-Diploma-Databook contd. & valuation 1
Total questions: 15
Worksheet time: 10mins
The Measurement Book (M-Book) is primarily used for:
Recording valuation statements
Recording market value
Recording measurements of executed work
Recording depreciation
If scrap value is considered, it is deducted from:
Gross income
Sinking fund
Original cost
Depreciation
Outgoings include all except:
Taxes
Repairs
Salvage value
Maintenance charges
Which depreciation method assumes uniform deterioration every year?
Constant percentage method
Sinking fund method
Straight line method
Quantity survey method
Market value of a property is:
Book value
Cost of construction only
Value shown in M-Book
The amount obtainable in the open market at a given time
Sinking fund depends primarily on:
Original cost, life, scrap value, interest rate
Market value and depreciation
Book value and salvage value
Occupancy and rent
Gross income is obtained after deducting all outgoings. (True/False)
True
False
Salvage value is the value of materials after dismantling the building. (True/False)
True
False
Assertion–Reason: Assertion (A): Depreciation increases as the age of a building increases. Reason (R): Building components undergo wear, tear, and physical deterioration with time. Choose the correct option:
A and R true, R explains A
A and R true, R does not explain A
A true, R false
A false, R true
The periodic payment deposited to replace the building at the end of its life is known as (a)
The value of dismantled materials at the end of building life is called (a)
Annual installment of sinking fund is calculated using the formula I=(1+i)n−1Si . Here, n represents (a) .
The book in which all site measurements are recorded is called ______.
Measurement Book (M-Book)
Log Book
Minute Book
Valuation Roll
(a) is the gradual loss in value due to structural deterioration and wear.
(a) value is the value of a building at the end of its utility period without dismantling.
