MCQOPTIONS
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| 1. |
Sinking fund |
| A. | To build up a reserve for future improvements |
| B. | To reduce the capitalization rate of a property |
| C. | To compensate for a reduction in income |
| D. | To compensate for a property's depreciation |
| E. | To offset the damage caused by casualties |
| Answer» E. To offset the damage caused by casualties | |