Valuation principle Study guides, Class notes & Summaries
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![Applying Theories, Design Principles, and Evaluation Models](/docpics/6314fc8423ee1_1939691.jpg)
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Applying Theories, Design Principles, and Evaluation Models
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![Alabama Property and Casualty Exam 2022/2023 with 100% correct answers](/docpics/63a1f82f35d60_2192678.jpg)
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Alabama Property and Casualty Exam 2022/2023 with 100% correct answers
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If a company cancels an auto policy mid term, the refund will be made on 
 
a. pro rata basis 
b. short rate basis 
c. retroactive basis 
d. coinsurance basis 
Pro Rata Basis 
 
 
 
What is the term used to describe terminating the insurance relationship at the end of the policy period ? 
a. cancellation 
b. nonrenewal 
c. separation 
d. exclusion 
Nonrenewal 
 
 
 
Which is the best example of an indirect loss ? 
 
a. sequential loss 
b. liability loss 
c. employee theft 
d. loss of use 
Loss o...
![Intermediate Accounting 19th Edition Earl K Stice James D Stice- Test Bank.](/docpics/3447310/650576e078885_3447310_121_171.jpeg)
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Intermediate Accounting 19th Edition Earl K Stice James D Stice- Test Bank.
- Exam (elaborations) • 780 pages • 2023
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Chapter 1—Financial Reporting 
 MULTIPLE CHOICE 
1. The following is NOT a major component of the financial statements: 
a. auditor’s opinion 
b. annual report 
c. explanatory notes 
d. balance sheet 
ANS: B PTS: 1 TOP: AICPA FN-Reporting 
DIF: Easy OBJ: LO 1 MSC: AACSB Reflective Thinking 
2. The following are users of accounting information: 
a. stakeholders 
b. creditors 
c. investors 
d. all of the above 
ANS: D PTS: 1 TOP: AICPA FN-Reporting 
3. Interested parties receive information ab...
![California property and casualty exam, Pool Questions & Answers. Verified. Rated A](/docpics/63dd5810dd087_2333246.jpg)
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A
- Exam (elaborations) • 57 pages • 2023
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California property and casualty exam, Pool Questions & Answers. Verified. Rated A 
 
 
 
The process where by a mutul insurer becomes a stock company is called - Demutalization 
 
The process whereby a stock company a mutal insurer is called - Mutalization 
 
The provision in a property policy which states that the insured has been paid up to their insurable interest is - Valuation clause 
 
The part of the policy that states the amout of coverage the insured property policy period is - Declara...
![Basic Appraisal Procedures Exam Questions and Answers 2024/2025 (100% Correct)](/docpics/4483284/65ca0bcd6bf0f_4483284_121_171.jpeg)
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Basic Appraisal Procedures Exam Questions and Answers 2024/2025 (100% Correct)
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Basic Appraisal Procedures Exam Questions and Answers 2024/2025 (100% Correct) Valuation process 
A systematic procedure used in the valuation of real property. 
Client 
The party or parties who engage, by employment or contract, an appraiser in a 
specific assignment. 
Steps in Defining the problem 
Identification and location of the real estate; Identification of the property rights; 
Definition of value; Purpose and intended use of the appraisal; Effective date of 
the opinion of value; Any s...
![Arkansas Adjuster Licensing Exam (2024) || Questions & Answers (Graded A+)](/docpics/4712833/65ee08994645a_4712833_121_171.jpeg)
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Arkansas Adjuster Licensing Exam (2024) || Questions & Answers (Graded A+)
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Arkansas Adjuster Licensing Exam (2024) || Questions & Answers (Graded A+) 
Arkansas Adjuster Licensing Exam (2024) || Questions & Answers (Graded A+) 
 
Herb owns a processing plant outside of town that services all the local farmers. He's been using over-the-road transportation but wants to streamline his business by using the railroads. He contacts ABC Railway Transport and the two come to an agreement: ABC Railway will run a sidetrack onto Herb's business premises, if Herb agrees not to ho...
![Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct](/docpics/5287576/66423e006dfaf_5287576_121_171.jpeg)
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Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct
- Exam (elaborations) • 67 pages • 2024
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Texas Principles of Real Estate II (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: Principle of Contribution? Answer: A component part of a property is valued in proportion to its contribution to the value of the whole. Holds that maximum values are achieved when the improvements on a site produce the highest (net) return, commensurate with the investment. Q: Principle of Competition? Answer: Holds that profits tend to breed competition and excess profits tend to...
![BASIC APPRAISAL PRINCIPLES TEST STUDY QUESTIONS WITH COMPLETE SOLUTIONS](/docpics/4243415/65a674e3d7d50_4243415_121_171.jpeg)
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BASIC APPRAISAL PRINCIPLES TEST STUDY QUESTIONS WITH COMPLETE SOLUTIONS
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BASIC APPRAISAL PRINCIPLES TEST STUDY QUESTIONS WITH COMPLETE SOLUTIONS 
True or False? When developing an opinion of site value of an improved property, an appraiser needs to consider the highest and best use of the property as though vacant. TRUE 
When developing an opinion of highest and best use, what is the final criteria that is applied? maximally productive 
A lot owner constructs a new 4,000 square foot home in a neighborhood of mostly 800 to 1,200 square foot homes. The value of the new...
![Arkansas Health Insurance Adjuster Practice Test Exam Questions with Verified Answers](/docpics/5324364/664617c0b2c51_5324364_121_171.jpeg)
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Arkansas Health Insurance Adjuster Practice Test Exam Questions with Verified Answers
- Exam (elaborations) • 45 pages • 2024
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Arkansas Health Insurance Adjuster 
Practice Test Exam Questions with 
Verified Answers 
Herb owns a processing plant outside of town that services all the local farmers. He's 
been using over-the-road transportation but wants to streamline his business by using 
the railroads. He contacts ABC Railway Transport and the two come to an agreement: 
ABC Railway will run a sidetrack onto Herb's business premises, if Herb agrees not to 
hold ABC Railway responsible for certain liabilities that...
![Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A](/docpics/4155730/659917109014c_4155730_121_171.jpeg)
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Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A
- Exam (elaborations) • 42 pages • 2024
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Florida Real Estate Exam Prep (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Grade A 
 
Q: Broker hiding value of property 
Could be charged with concealment 
 
 
 
Q: If office is closed, reopened, in same license period 
 
 
Answer: 
request a reissue- no fee 
 
 
 
Q: real estate taxes are 
 
 
Answer: 
Ad Valorem tax 
 
 
 
Q: The four factors of production 
 
 
Answer: 
land, labor, capital, and entrepreneurial ability 
 
 
 
Q: Maximum number of years on FREC 
 
 ...
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