VERIFIED Indiana Auctioneer Licensure
Exam 2026/2027 With 100% Accurate
Answers
A composition of copper and silver is identified as which? - Precise Answer ✔✔Pewter
When weighing silver, an ounce is what part of a pound? - Precise Answer ✔✔1/12
18 karat gold jewelry is what percent gold? - Precise Answer ✔✔.75
An alloy of tin, lead and brass or copper is characteristic of? - Precise Answer ✔✔Pewter
The design of a rug from which a weaver works is called? - Precise Answer ✔✔Weft treads
Thread running from the top to bottom of a run is called what? - Precise Answer ✔✔Warp
threads
What information is obtained from the tag of an oriental rug? - Precise Answer ✔✔City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: - Precise Answer ✔✔Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? - Precise Answer ✔✔No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses - Precise Answer ✔✔B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
C. Availability of like items
D. Amount of repair work needed - Precise Answer ✔✔D
In preparing a farm equipment option, it is necessary to do all of the following except:
A. Line up machinery in rows
B. Place like machinery together
C. Put all accessories with their accompanying piece of equipment - Precise Answer ✔✔B
Exam 2026/2027 With 100% Accurate
Answers
A composition of copper and silver is identified as which? - Precise Answer ✔✔Pewter
When weighing silver, an ounce is what part of a pound? - Precise Answer ✔✔1/12
18 karat gold jewelry is what percent gold? - Precise Answer ✔✔.75
An alloy of tin, lead and brass or copper is characteristic of? - Precise Answer ✔✔Pewter
The design of a rug from which a weaver works is called? - Precise Answer ✔✔Weft treads
Thread running from the top to bottom of a run is called what? - Precise Answer ✔✔Warp
threads
What information is obtained from the tag of an oriental rug? - Precise Answer ✔✔City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: - Precise Answer ✔✔Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? - Precise Answer ✔✔No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses - Precise Answer ✔✔B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
C. Availability of like items
D. Amount of repair work needed - Precise Answer ✔✔D
In preparing a farm equipment option, it is necessary to do all of the following except:
A. Line up machinery in rows
B. Place like machinery together
C. Put all accessories with their accompanying piece of equipment - Precise Answer ✔✔B
