CFA Practice Question

There are 195 practice questions for this study session.

CFA Practice Question

A loss in value because of poor floor plan is an example of:

A. Physical deterioration.
B. Functional obsolescence.
C. external obsolescence.
Correct Answer: B

Functional obsolescence can be caused by out of date, poor floor plan, lack of modern appliances, out of style architecture.

User Contributed Comments 0

You need to log in first to add your comment.