Page 1 of 51
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
, Page 3 of 51
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
3
, Page 4 of 51
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
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
, Page 3 of 51
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
3
, Page 4 of 51
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