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USPAP EXAM AND STUDY GUIDE LATEST UPDATE THIS YEAR COMPLETE 400 QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+|click on AVAILABLE IN PACKAGE DEAL. You'll get more for less! OR SCROLL TO THE BOTTOM RIGHT CORNER AFTER OPENING THIS DOCUMENT TO SEE MO$24.99
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USPAP EXAM AND STUDY GUIDE LATEST UPDATE THIS
YEAR COMPLETE 400 QUESTIONS AND CORRECT
ANSWERS ALREADY GRADED A+
USPAP EXAM -ACTUAL EXAM
QUESTION: When acting in the role of an appraiser, all of the following require compliance with
all sections of USPAP, including the applicable STANDARDS 1 through 10, EXCEPT for
a. appraisal.
b. appraisal consulting.
c. appraisal course development.
d. appraisal review. - ANSWER-C) Appraisal course development
QUESTION: A valuation service performed by an individual acting as an appraiser requires the
appraiser to
a. hold a valid appraiser credential.
b. inquire about the intended user's expectations.
c. keep confidential the capacity in which he is performing.
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,Page 3 of 221
d. not be impartial in respect to the client. - ANSWER-B) Inquire about the intended user's
expectations.
QUESTION: When an individual is performing valuation services outside of appraisal practice,
that individual must be careful to
a. charge a fee for his service.
b. invoke jurisdictional exception.
c. not misrepresent his role.
d. refer to the party engaging him as "the client:' - ANSWER-C) Not misrepresent his role
QUESTION: When choosing to provide a valuation service as an appraiser or in some other
capacity, great care must be taken to
a. charge a fee accordingly.
b. keep that capacity confidential.
c. maintain public trust.
d. not violate the obligations of an Advisory Opinion. - ANSWER-C) Maintain public trust
The PREAMBLE states the purpose of USPAP is
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to promote and maintain a high level of public _____
in appraisal practice by establishing requirements for appraisers.
A) Awareness
B) Recognition
C) Support
D) Trust - ANSWER-D) Trust
QUESTION: USPAP benefits providers of appraisal services and
a. the Appraisal Standards Board.
b. disinterested parties.
c. federal officials.
d. users of appraisal services. - ANSWER-D) Users of appraisal services
QUESTION: A real property appraiser teaching appraisal is engaged in
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