Question: 1 . How might the following statement be flawed, Adjustments accurately reflect the market's perception of value? a . Adjustments accurately reflect the market's perception

1. How might the following statement be flawed, "Adjustments accurately reflect the market's perception of value"?
a.
Adjustments accurately reflect the market's perception of value because they are based on the latest available market data.
b.
Adjustments can be subjective and therefore are not useful.
c.
Adjustments can be subjective and are not universally agreed upon.
d.
Different properties can require a range of different adjustments.

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