GIA Final Exam Spring 2023 with complete solution
Diamond grades provide...
a standardized way of communicating and comparing diamond quality
Diamond grades help in determining...
diamond market value
______ of diamonds depend on the market conditions that exist when the lists are published
...
gia final exam spring 2023 with complete solution diamond grades provide a standardized way of communicating and comparing diamond quality diamond grades help in determining diamond market valu
Written for
GIA
All documents for this subject (75)
Seller
Follow
magdamwikash23
Reviews received
Content preview
GIA Final Exam Spring 2023 with complete solution
Diamond grades provide...
a standardized way of communicating and comparing diamond quality
Diamond grades help in determining...
diamond market value
______ of diamonds depend on the market conditions that exist when the lists are
published
the listed wholesale prices
T/F: Large, high quality diamonds are graded much more thoroughly than small,
low quality ones?
TRUE
A diamonds specific formation conditions are directly responsible for it's
________
it's hardness and durability.
T/F: the unqiue physical properties of gem-quality diamonds allow them to
survive environmental forces better than any other gemstone
TRUE
what are some of the financial costs that affect diamond value?
locating, developing and operating diamond mines
Define: Appraisal
an estimation of the value of an article, usually for insurance purposes
Define: Wholesaler
someone who sells to retailers rather than directly to consumers
A diamond grading system provides...
a consistent way to communicate diamond quality
A wholesaler is someone who...
sells to retailers.
Diamond prices on wholesale prices lists...
depend on the market conditions that exist when the lists are published.
Large, high quality diamonds are...
graded much more thoroughly than small, low-quality ones.
Diamond's supreme hardness and durability are..
a result of the conditions under which it formed.
Once diamond deposits are located, mining companies...
must spend additional time and money to evaluate and develop them.
An estimation of the value of an article is a(n)...
appraisal
The most consistent and dependable sources of diamond grades are...
reputable gemological laboratories.
Substantial price discounts are available to retailers and jewelry manufacturers
who....
can buy in large quantities.
A diamond's clarity and color grades indicate its...
quality
Reputable gemological laboratories don't grade mounted diamonds because...
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller magdamwikash23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.
