Supervisor-Trainee Course for Ohio
UPDATED Exam Questions and
CORRECT Answers
The RECORD KEEPING RULE states, in part: - Correct Answer- An appraiser must have
custody of the workfile, or make appropriate workfile retention, access, and retrieval
arrangements with the party having custody of the workfile. This includes ensuring that a
workfile is stored in a medium that is retrievable by the appraiser throughout the prescribed
record retention period.
In an appraisal assignment, when is the workfile required to be in existence? - Correct
Answer- Prior to the issuance of any report or communication of assignment results
The SCOPE OF WORK RULE governs what aspect of an appraisal assignment? - Correct
Answer- Development
Trainee Appraisers have ________ workfile responsibilities as Supervisory Appraisers. -
Correct Answer- equal
A Supervisory Appraiser denies a Trainee Appraiser's ability to access workfiles for
appraisals on which the Trainee assisted, when the trainee has been asked to submit reports to
the state appraisal regulatory agency. What part of USPAP has the Supervisory Appraiser
violated? - Correct Answer- The RECORD KEEPING RULE
A workfile access and retrieval agreement between a Trainee Appraiser and a Supervisory
Appraiser: - Correct Answer- May be written or oral
Under the SCOPE OF WORK RULE, who is responsible for identifying the appraisal
problem? - Correct Answer- The appraiser
STANDARD 2 establishes - Correct Answer- the performance standards for reporting a real
property appraisal. (composed of 4 standards rules)
, A Trainee Appraiser signs the letter of transmittal of an appraisal report, but does not sign the
certification. Which statement is TRUE regarding this situation? - Correct Answer- The
Trainee Appraiser must sign the certification because he has signed the letter of transmittal.
Trainee Tina assists Supervisor Sam in a real property appraisal assignment; however, Tina
does not sign the certification. Where does USPAP require Sam to disclose the extent of
Tina's assistance in the Appraisal Report? - Correct Answer- Anywhere
Which USPAP Standard establishes requirements for reporting a real property appraisal? -
Correct Answer- STANDARD 2
A Trainee Appraiser who signs a certification in a real property appraisal report has: - Correct
Answer- Accepted full responsibility for the assignment results and the report
A Trainee Appraiser assists a Supervisory Appraiser in the performance of an appraisal. The
Trainee Appraiser's only contribution to the assignment is assisting in the property inspection
and preliminary MLS research into comparable sales. Should the Trainee Appraiser sign the
certification in this appraisal report? - Correct Answer- No, because the trainee's contribution
to the assignment was limited
A Trainee Appraiser assists a Supervisory Appraiser in the performance of a real property
appraisal. The Trainee Appraiser inspects the property, but the Supervisory Appraiser does
not. Both appraisers sign the certification. Which of these statements in the certification
would be appropriate? - Correct Answer- The Trainee Appraiser has made a personal
inspection of the subject property. The Supervisory Appraiser has not made an inspection of
the subject property.
Which standard in USPAP sets forth the requirements for developing a real property
appraisal? - Correct Answer- STANDARD 1
A Supervisory Appraiser may affix a Trainee Appraiser's signature to an appraisal report: -
Correct Answer- If authorization is given in a specific assignment
If authorization is given in a specific assignment - Correct Answer- In the certification
UPDATED Exam Questions and
CORRECT Answers
The RECORD KEEPING RULE states, in part: - Correct Answer- An appraiser must have
custody of the workfile, or make appropriate workfile retention, access, and retrieval
arrangements with the party having custody of the workfile. This includes ensuring that a
workfile is stored in a medium that is retrievable by the appraiser throughout the prescribed
record retention period.
In an appraisal assignment, when is the workfile required to be in existence? - Correct
Answer- Prior to the issuance of any report or communication of assignment results
The SCOPE OF WORK RULE governs what aspect of an appraisal assignment? - Correct
Answer- Development
Trainee Appraisers have ________ workfile responsibilities as Supervisory Appraisers. -
Correct Answer- equal
A Supervisory Appraiser denies a Trainee Appraiser's ability to access workfiles for
appraisals on which the Trainee assisted, when the trainee has been asked to submit reports to
the state appraisal regulatory agency. What part of USPAP has the Supervisory Appraiser
violated? - Correct Answer- The RECORD KEEPING RULE
A workfile access and retrieval agreement between a Trainee Appraiser and a Supervisory
Appraiser: - Correct Answer- May be written or oral
Under the SCOPE OF WORK RULE, who is responsible for identifying the appraisal
problem? - Correct Answer- The appraiser
STANDARD 2 establishes - Correct Answer- the performance standards for reporting a real
property appraisal. (composed of 4 standards rules)
, A Trainee Appraiser signs the letter of transmittal of an appraisal report, but does not sign the
certification. Which statement is TRUE regarding this situation? - Correct Answer- The
Trainee Appraiser must sign the certification because he has signed the letter of transmittal.
Trainee Tina assists Supervisor Sam in a real property appraisal assignment; however, Tina
does not sign the certification. Where does USPAP require Sam to disclose the extent of
Tina's assistance in the Appraisal Report? - Correct Answer- Anywhere
Which USPAP Standard establishes requirements for reporting a real property appraisal? -
Correct Answer- STANDARD 2
A Trainee Appraiser who signs a certification in a real property appraisal report has: - Correct
Answer- Accepted full responsibility for the assignment results and the report
A Trainee Appraiser assists a Supervisory Appraiser in the performance of an appraisal. The
Trainee Appraiser's only contribution to the assignment is assisting in the property inspection
and preliminary MLS research into comparable sales. Should the Trainee Appraiser sign the
certification in this appraisal report? - Correct Answer- No, because the trainee's contribution
to the assignment was limited
A Trainee Appraiser assists a Supervisory Appraiser in the performance of a real property
appraisal. The Trainee Appraiser inspects the property, but the Supervisory Appraiser does
not. Both appraisers sign the certification. Which of these statements in the certification
would be appropriate? - Correct Answer- The Trainee Appraiser has made a personal
inspection of the subject property. The Supervisory Appraiser has not made an inspection of
the subject property.
Which standard in USPAP sets forth the requirements for developing a real property
appraisal? - Correct Answer- STANDARD 1
A Supervisory Appraiser may affix a Trainee Appraiser's signature to an appraisal report: -
Correct Answer- If authorization is given in a specific assignment
If authorization is given in a specific assignment - Correct Answer- In the certification
