Question

What is measured by dividing the specific deteriorated components into the categories of short-lived and long-lived?

A.) Functional depreciation

B.) Incurable physical deterioration

C.) Adequacies

D.) Obsolescence

Answer 1

B.) Incurable physical deterioration. The specific deteriorated components are measured by dividing them into short-lived and long-lived categories - this is called incurable physical deterioration.

Step-by-step explanation:

The correct answer to the question is B.) Incurable physical deterioration.

Dividing the specific deteriorated components into the categories of short-lived and long-lived is a method used to measure incurable physical deterioration. This refers to the deterioration of assets or components that cannot be repaired or rejuvenated.

For example, if a building has deteriorated and the components that are deteriorated cannot be fixed or replaced, then this would fall under the category of incurable physical deterioration.