Insurance value differs from market value in that? a) the value is only attributed to the replacement value of the structure b) includes the land and structure values c) fair market value is not insurable d) it includes only the land value

Insurance value differs from market value in that? a) the value is only attributed to the replacement value of the structure b) includes the land and structure values c) fair market value is not insurable d) it includes only the land value

Financial Reporting, Financial Statement Analysis and Valuation

8th Edition

ISBN:9781285190907

Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

Chapter9: Operating Activities

Section: Chapter Questions

Problem 3CIC

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Question

Insurance value differs from market value in
that?
a) the value is only attributed to the
replacement value of the structure
b) includes the land and structure values
c) fair market value is not insurable
d) it includes only the land value

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