Construction Management Quiz: Building Types and Economic Life

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Questions and Answers

What is the effective life of the building in years?

  • 110
  • 105
  • 95 (correct)
  • 100

What is the age of the ground floor building for depreciation in years?

  • 48
  • 45
  • 43 (correct)
  • 40

What percentage depreciation would be effected on the second floor of the building using the straight-line approach?

  • 40%
  • 45.26% (correct)
  • 55%
  • 50%

What is the year of valuation for the building?

<p>2018 (C)</p> Signup and view all the answers

What is the expected end of life of the building?

<p>2070 (C)</p> Signup and view all the answers

What is the year of initial construction of the ground floor building?

<p>1975 (C)</p> Signup and view all the answers

What is the total life of the building in years?

<p>95 (A)</p> Signup and view all the answers

Why did the rehabilitation of structure and some services of the buildings take place in 2010?

<p>To increase its useful life (B)</p> Signup and view all the answers

What is the depreciable extent used in the straight-line approach?

<p>100% (C)</p> Signup and view all the answers

What is the purpose of calculating the age of the ground floor building for depreciation?

<p>To determine the percentage depreciation (C)</p> Signup and view all the answers

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