1661ForestryMedium
The reasons for the valuation of forest (timber appraisal as it is called in USA) are:
ATo set a value for purpose of obtaining loans
BTo serve as a guide for making choice among the other alternatives for investments
CTo estimate damages
DAll of the above
ETo serve as a guide in buying and selling
Correct answer
D. All of the above
Explanation
The correct answer is All of the above.