Exam (elaborations)
National USPAP Course Exam Questions and Answers (Graded A)
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National USPAP Course Exam Questions and Answers
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National USPAP Course Exam Questionsand Answers
The iiAppraisal iiFoundation iihas iithe iiauthority iito iienforce iithe iirequirements iiof iiUSPAP.
ii- iiCorrect iiAnswers ii-False
Currently, iithe iiboards iiwithin iithe iiAppraisal iiFoundation iiinclude: ii- iiCorrect iiAnswers ii-
Appraisal iiStandards iiBoard, iiAppraisal iiQualifications iiBoard, iiBoard iiof iiTrustees
Which iiFoundation iiboard iiis iiresponsible iifor iiUSPAP? ii- iiCorrect iiAnswers ii-Appraisal
iiStandards iiBoard
Qualification iicriteria iifor iiappraiser iicertification iiand iirecertification iiare iidisseminated
iito iistate iiappraisal iiboards iiby iithe: ii- iiCorrect iiAnswers ii-Appraisal iiQualifications
iiBoard
Which iientity iiis iiresponsible iifor iiestablishing iieducation iiand iiexperience iirequirements
iifor iilicensing iiand iicertification iiof iiappraisers? ii- iiCorrect iiAnswers ii-Appraisal
iiQualifications iiBoard
Which iientity iiappoints iimembers iiof iithe iiAQB iiand iiASB? ii- iiCorrect iiAnswers ii-Board
iiof iiTrustees
USPAP iiis iiwritten, iiamended, iiand iiinterpreted iiby iithe: ii- iiCorrect iiAnswers ii-Appraisal
iiStandards iiBoard
Advisory iiOpinions iiare iibest iidescribed iias: ii- iiCorrect iiAnswers ii-not iipart iiof iiUSPAP,
iibut iiincluded iias iireference iimaterial
Who iiis iiresponsible iifor iiissuing iicredentials iito iiindividual iiappraisers? ii- iiCorrect
iiAnswers ii-State iiappraisal iiregulatory iiagencies
Which iientity iimaintains iithe iiofficial iiNational iiRegistry iiof iistate-certified iiand iilicensed
iiappraisers? ii- iiCorrect iiAnswers ii-Appraisal iiSubcommittee ii(ASC)
Which iiis iiNOT iia iiresponsibility iiof iithe iiAppraisal iiSubcommittee ii(ASC)? ii- iiCorrect
iiAnswers ii-writing, iiinterpreting iiand iiamending iiUSPAP
, USPAP iiis iienforced iiby: ii- iiCorrect iiAnswers ii-state iiappraiser iilicensing/certification
iiagencies
Which iipart iiof iiUSPAP iiestablishes iithe iirequirements iifor iiworkfile iicontent iifor iian
iiappraisal iior iiappraisal iireview iiassignment? ii- iiCorrect iiAnswers ii-Record iiKeeping
iiRule
Why iiare iiUSPAP iiAdvisory iiOpinions iiissued? ii- iiCorrect iiAnswers ii-to iioffer iiadvice
Which iiof iithese iiis iiconsidered iian iiintegral iipart iiof iiUSPAP iiand iihas iithe iisame iiweight
iias iithe iicomponents iithey iiaddress? ii- iiCorrect iiAnswers ii-comments
The iifirst iistep iiin iithe iiappraisal iiprocess iiis: ii- iiCorrect iiAnswers ii-identify iithe iiproblem
In iiUSPAP, iithe iiappraisal iiprocess iiis iidivided iiinto iitwo iidistinct iitypes iiof iiactivity:
ii_________ iiand ii__________. ii- iiCorrect iiAnswers ii-development, iireporting
Which iistep iiin iithe iiappraisal iiprocess iiinvolves iicommunication iiof iithe iiappraiser's
iiopinions iiand iiconclusions? ii- iiCorrect iiAnswers ii-reporting
The iiPREAMBLE iistates iithat iiUSPAP iiintended iito iibenefit: ii- iiCorrect iiAnswers ii-
appraisers iiand iiusers iiof iiappraisal iiservices
When iiobligated iiby iilaw iior iiregulation, iian iiappraiser ii_______ iicomply iiwith iiUSPAP. ii-
iiCorrect iiAnswers ii-must
What iiis iithe iistated iipurpose iiof iiUSPAP? ii- iiCorrect iiAnswers ii-Promote iiand iimaintain
iia iihigh iilevel iiof iipublic iitrust iiin iiappraisal iipractice
To iiwhich iiproperty iitypes iidoes iiUSPAP iiapply? ii- iiCorrect iiAnswers ii-Both iitangible
iiand iiintangible iiproperty
An iiappraiser iihas iithe iiprofessional iiresponsibility iito iiidentify iithe iicapacity iiin iiwhich iihe
iior iishe iiis iiperforming. ii- iiCorrect iiAnswers ii-true
The iirequirement iifor iiUSPAP iicompliance iiin iian iiappraisal iiassignment iicould iibe iithe
iiresult iiof ii- iiCorrect iiAnswers ii-law iior iiregulation, iivoluntary iichoice iiby iithe iiappraiser,
iior iiagreement iiwith iithe iiclient
A iivaluation iiservice iithat iiis iipremised iiupon iiadvocacy: ii- iiCorrect iiAnswers ii-cannot iibe
iiperformed iiby iian iiindividual iiacting iias iian iiappraiser
When iiperforming iivaluation iiservices iioutside iiof iiappraisal iipractice, iian iiindividual
iimust iibe iicareful iinot iito ii__________ iithe iiclient iiand iiother iiintended iiusers iiabout iihis
iior iiher iirole. ii- iiCorrect iiAnswers ii-mislead
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