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Construction Management Quiz: Building Types and Economic Life

10 Questions

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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?

43 (correct)

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?

2018 Signup and view all the answers

What is the expected end of life of the building?

2070 Signup and view all the answers

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

1975 Signup and view all the answers

What is the total life of the building in years?

95 Signup and view all the answers

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

To increase its useful life Signup and view all the answers

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

100% Signup and view all the answers

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

To determine the percentage depreciation Signup and view all the answers