Exam (elaborations)
IAAO 300: COMPLETE COURSE REVIEW 2024 QUESTIONS AND ANSWERS
- Course
- Institution
IAAO 300: COMPLETE COURSE REVIEW 2024 QUESTIONS AND ANSWERS
[Show more]
Seller
Follow
Teacher101
Reviews received
Content preview
IAAO 300: COMPLETE COURSE REVIEWWhat is the current RCN given the following information?
Original Cost: $260,000
Square Feet: 6,000
Index at time of construction: 180
Current Index: 220 - ANSWERS-RCN = $260,000 x 1.22 = $317,200
Where can cost tables and schedules be obtained from? - ANSWERS-Marshall &
Swift, state agencies, in-house
What is the most common costing method? - ANSWERS-Comparative Unit per
Square Foot
Price Related Differential is a measure of what? What is the acceptable range?
PRD greater than 1 means what? PRD less than 1 means what? - ANSWERS-1.
vertical equity
2. 0.98 to 1.03
3. Regressive
4. Progressive
Overhead and profit are examples of what type of cost? - ANSWERS-In-direct
costs
, What is the most detailed cost estimation method? - ANSWERS-Quantity Survey
Cost models are what type of model? - ANSWERS-Hybrid(Generic) Cost Model
Trending using medians would be done by dividing the target median by the
actual median. True or False - ANSWERS-True
The IAAO acceptable median range is what? - ANSWERS-0.90 to 1.10
Find the 40th percentile for the following data set:
$80,000
82,600
84,000
87,100
90,000
96,000 - ANSWERS-$83,720
What is the current cost given the following? Round to 2 decimal places.
Original Cost $160,000
Index at construction 1.4
Current Index 1.7 - ANSWERS-$193, 600
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Teacher101. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$20.91. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now