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  2. Topic
    Culinary, Hospitality, Travel & Tourism
  3. Study Set
    Hospitality Financial Management
  4. Exam
    Exam 11: An Introduction to Hotel Valuation
  5. Question
    Many Hotel Appraisals in the Past Have Underestimated the True
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Many Hotel Appraisals in the Past Have Underestimated the True

Question 38

Question 38

True/False

Many hotel appraisals in the past have underestimated the true replacement cost of furniture, fixtures, and equipment.

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