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PA AUCTIONEER EXAM NEWEST 250 QUESTIONS AND VERIFIED SOLUTIONS LATEST UPDATE THIS YEAR

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PA AUCTIONEER EXAM NEWEST 250
QUESTIONS AND VERIFIED SOLUTIONS
LATEST UPDATE THIS YEAR
QUESTION: there about inches in a meter?


34


36


39


none of the above - ANSWER-39




QUESTION: how many square feet in an acre?


5,280


43,560


3,060


none of the above - ANSWER-43,560




QUESTION: the income approach to value is based on


1

, Page 2 of 51


historical data


future possibilities


location


a and c - ANSWER-future possibilities




QUESTION: how many square feet in a square yard?


3


6


9


12 - ANSWER-9




QUESTION: real estate appraisals use:


neighboring uses


access to transportation


highest and best use


all of the above - ANSWER-all of the above


2

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QUESTION: a method that achieves accelerated depreciation is/are:


declining balance


straight line


sum of the years digits


a and c - ANSWER-a and c




QUESTION: accelerated depreciation:


increase depreciation in the earlier years


increases depreciation in the later years


increases depreciation in middle years


has no effect on value - ANSWER-increase depreciation in the earlier years




Q; which of the following items may be handed to the buyer at auction?


handguns


rifles


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automatic rifles


none of the above - ANSWER-none of the above




QUESTION: in business the term finance refers to:


I. the raising of funds


II. the prudent use of funds




I only


II only


I and II


neither I or II - ANSWER-I and II




QUESTION: a distinguishable characteristic in identifying a period of furniture would be:


wood mixtures


types of legs


prominence of maker


4

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