Methods that have been used to provide a valuation of heritage assets include:

Question

Quizplus · Accepted Answer

Both the contingent-valuation method and the travel-cost method have been used to provide a valuation of heritage assets. Additionally, adjusting the market values of nearby privately held properties can also be used as a method for valuation. The net present value of the adjusted cash-flow method and the arbitrary allocation of cost method are less commonly used for valuing heritage assets. Therefore, option D is the best choice as it includes the most relevant methods for valuing heritage assets.

Methods That Have Been Used to Provide a Valuation of Heritage