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Which of following methods have NOT been proposed to measure the value of Heritage Assets? a
Which of following methods have NOT been proposed to measure the value of Heritage Assets?
a. Valuation at nominal amounts
b. Travel cost method
c. Contingent valuation
d. None of the above, i.e. they are all proposed measurement approaches
Expert Solution
Answer: d ) None of the above , i.e . they are all proposed measurement approaches
All the methods can be used in the valuation. In such kinds of assets, there is difficulty in obtaining market value, so these methods are used.
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