Exam (elaborations)
USPAP Section Practice Test 4 questions with actual answers.
- Course
- Institution
USPAP Section Practice Test 4 questions with actual answers.
[Show more]
Seller
Follow
Content preview
USPAP Section Practice Test 4questions with actual answers.
The PREAMBLE of USPAP states that the Standards are ANS - for appraisers and users of appraisal
services
USPAP is enforced by ANS - State Regulatory Agencies
USPAP is developed, interpreted, and amended by the ANS - Appraisal Standards Board (ASB)
USPAP Advisory Opinions are issued to ANS - illustrate the applicability of Appraisal Standards
Appraisal practice includes only ANS - valuation services performed by an individual acting as an
appraiser
An appraiser's peers are defined as other appraisers who ANS - have expertise and competency in a
similar type of assignment
If for the purposes of comparison an appraiser assumes a condition to be true that is known to be false,
this is an example of ANS - a hypothetical condition
The purpose of the JURISDICTIONAL EXCEPTION RULE is to ANS - preserve the balance of USPAP when
one or more of its parts is precluded by law or regulation
Confidential information is information the appraiser ANS - receives from the client, is identified by the
client as confidential, and is not available from other sources
The type and extent of research and analysis in an assignment defines the ANS - scope of work
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 Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now