USPAP MCKISSOCK EXAM QUESTIONS
AND ANSWERS 2026 VERIFIED.
Currently, the boards within The Appraisal Foundation include: - ANS Appraisal Standards
Board, Appraiser Qualifications Board, Board of Trustees
Which Foundation board is responsible for USPAP? - ANS Appraisal Standards Board (ASB)
Which entity appoints members of the AQB and ASB? - ANS Board of Trustees (BOT)
Qualification criteria for appraiser certification and recertification are disseminated to state
appraisal board by the? - ANS Appraiser Qualifications Board
Which entity is responsible for establishing education and experience requirements for licensing
and certification of appraisers? - ANS Appraiser Qualifications Board (AQB)
USPAP is written, amended, and interpreted by the: - ANS Appraisal Standards Board (ASB)
Advisory Opinions are best described as - ANS not part of USPAP, but included as reference
material
Which entity maintains the official National Registry of state-certified and licensed appraisers? -
ANS Appraisal Subcommittee (ASC)
USPAP is enforced by: - ANS State appraiser licensing/certification agencies
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, Who is responsible for issuing credentials to individual appraisers - ANS State appraisal
regulatory agencies
Which is not a responsibility of the Appraisal Subcommittee - ANS Writing, interpreting, and
amending USPAP
Which part of USPAP establishes the requirements for workfile content for an appraisal or
appraisal review assignment? - ANS RECORD KEEPING RULE
Why are USPAP Advisory Opinions issued? - ANS offer advice
Which of these is considered an integral part of USPAP and has the same weight as the
components they address? - ANS comments
In USPAP the appraisal process is divided into two distinct types of activity______ and ______? -
ANS Development and Reporting
The first step in the appraisal process is ? - ANS Identify the problem
Which step in the appraisal process involves communication of the appraiser's opinions and
conclusions? - ANS reporting
What is the stated purpose of USPAP - ANS Promote and maintain a high level of public trust
in appraisal practice
To which property types does USPAP apply - ANS Both tangible and intangible property
The preamble states that USPAP intended to benefit - ANS Appraisers and users of appraisal
services
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 9
AND ANSWERS 2026 VERIFIED.
Currently, the boards within The Appraisal Foundation include: - ANS Appraisal Standards
Board, Appraiser Qualifications Board, Board of Trustees
Which Foundation board is responsible for USPAP? - ANS Appraisal Standards Board (ASB)
Which entity appoints members of the AQB and ASB? - ANS Board of Trustees (BOT)
Qualification criteria for appraiser certification and recertification are disseminated to state
appraisal board by the? - ANS Appraiser Qualifications Board
Which entity is responsible for establishing education and experience requirements for licensing
and certification of appraisers? - ANS Appraiser Qualifications Board (AQB)
USPAP is written, amended, and interpreted by the: - ANS Appraisal Standards Board (ASB)
Advisory Opinions are best described as - ANS not part of USPAP, but included as reference
material
Which entity maintains the official National Registry of state-certified and licensed appraisers? -
ANS Appraisal Subcommittee (ASC)
USPAP is enforced by: - ANS State appraiser licensing/certification agencies
@COPYRIGHT ALL RIGHTS RESERVED PAGE 1 OF 9
, Who is responsible for issuing credentials to individual appraisers - ANS State appraisal
regulatory agencies
Which is not a responsibility of the Appraisal Subcommittee - ANS Writing, interpreting, and
amending USPAP
Which part of USPAP establishes the requirements for workfile content for an appraisal or
appraisal review assignment? - ANS RECORD KEEPING RULE
Why are USPAP Advisory Opinions issued? - ANS offer advice
Which of these is considered an integral part of USPAP and has the same weight as the
components they address? - ANS comments
In USPAP the appraisal process is divided into two distinct types of activity______ and ______? -
ANS Development and Reporting
The first step in the appraisal process is ? - ANS Identify the problem
Which step in the appraisal process involves communication of the appraiser's opinions and
conclusions? - ANS reporting
What is the stated purpose of USPAP - ANS Promote and maintain a high level of public trust
in appraisal practice
To which property types does USPAP apply - ANS Both tangible and intangible property
The preamble states that USPAP intended to benefit - ANS Appraisers and users of appraisal
services
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 9
