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The cost approach provides a systematic framework for estimating the value of an intangible asset based on the economic principle of:
Suggested Answer: A
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13 comments · newest first
EL
Elinore
12 months ago
I thought double counting was a thing in this context?
LA
Latia
1 year ago
Definitely substitution, it’s a core concept in valuation.
KA
Kandis
1 year ago
Wait, are we sure it’s not about competition?
CA
Carmen
1 year ago
Totally agree, substitution makes the most sense here!
DU
Dusti
1 year ago
The cost approach is based on the principle of substitution.
BU
Buffy
1 year ago
I feel like double counting was mentioned in a different context, but I can't recall how it fits with the cost approach.
VA
Valentine
1 year ago
I remember practicing a question about the cost approach, and I think it emphasized the idea of competition. Could that be it?
AS
Ashley
1 year ago
I think the cost approach is related to the principle of substitution, but I'm not entirely sure if that's the right answer.
HE
Henriette
1 year ago
The asset-based approach sounds familiar, but I thought it was more about tangible assets. I might lean towards substitution for this one.
ER
Eric
1 year ago
Okay, I think I know the answer. Let me double-check the options.
YU
Yuette
1 year ago
Precise routing can always avoid routing black holes? I'm not sure I agree with that. I'll need to double-check my understanding of routing black holes.
EI
Eileen
1 year ago
Wasn't there something about objects being used in JSON? I'm not sure, though, if tuples could fit that definition instead.
RE
Reed
1 year ago
Hmm, I'm not totally sure about the others, but I think B might mean not lowercase, which doesn't fit the question.