__________ is an asset valuation approach that uses categorical or non-numeric values rather than absolute numerical measures.
A) Qualitative assessment
B) A metric-centric model
C) Quantitative assessment
D) A value-specific constant

Question

__________ is an asset valuation approach that uses categorical or non-numeric values rather than absolute numerical measures.
A) Qualitative assessment
B) A metric-centric model 
C) Quantitative assessment
D) A value-specific constant

Quizplus · Accepted Answer

A qualitative assessment is an asset valuation approach that uses subjective, non-numeric measures, such as expert opinions, market trends, and qualitative data, to determine the value of an asset. This approach is often used when absolute, quantitative data is not available or when the value of an asset cannot be easily quantified.

__________ Is an Asset Valuation Approach That Uses Categorical or Non-Numeric