1. Accordingto USPAP,any appraiserwho signs any part of an appraisal report is
required to:: sign the certification
2. When is identification of the intended use of an appraiser's opinionsconclusionsand
necessary in an appraisal assignment?: isIt necessaryin all appraisalassign-
ments
3. Which statement is FALSE regarding STANDARD 1?:covers It real and personalproperty
appraisaldevelopment
4. Which statementabout appraisal trainees and worкfile obligations is TRUE?.:
Under USPAP, trainees have the same wor
кfile obligations as licensed or certified appraisers.
5. "The monetary relationship between properties and those who buy, sell or use
those properties" is the definition of:: Value
6. By using a published cost manual, an appraiser determines that the con-struction
cost of a 2,500 square foot dwelling is $400,000. This figure repre-sents the
dwelling's:: Cost
7. In USPAP, each Standardis composedof:: StandardsRules
8. If an appraiser assumes a condition to be true, and evidence supportsbelief, that
although that fact is not certain, this is an example of:: extraordinary
An assumption
9. An appraiser is not permitted to be when performing an ap -
praisal.: An Advocate
10. What is the statedpurposeof USPAP?: Promoteand maintaina high level of public trust in
appraisal practice
11. When obligated by law or regulation, an appraiser comply with
USPAP.: Must
12. To which propertytypes does USPAP apply?: Both tangibleand intangibleproperty
13. The PREAMBLE statesthat USPAP is: For appraisersand usersof appraisalservices
14. Which statement is TRUE regarding the relationship between valuation services
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, and appraisal practice?: Appraisalpracticeis a subsetof valuationservices.
15. What could cause an appraiser to prepare an appraisal assignment conformance
in
with USPAP?: Law or regulation, agreement with the client, or voluntary choice by the
appraiser
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required to:: sign the certification
2. When is identification of the intended use of an appraiser's opinionsconclusionsand
necessary in an appraisal assignment?: isIt necessaryin all appraisalassign-
ments
3. Which statement is FALSE regarding STANDARD 1?:covers It real and personalproperty
appraisaldevelopment
4. Which statementabout appraisal trainees and worкfile obligations is TRUE?.:
Under USPAP, trainees have the same wor
кfile obligations as licensed or certified appraisers.
5. "The monetary relationship between properties and those who buy, sell or use
those properties" is the definition of:: Value
6. By using a published cost manual, an appraiser determines that the con-struction
cost of a 2,500 square foot dwelling is $400,000. This figure repre-sents the
dwelling's:: Cost
7. In USPAP, each Standardis composedof:: StandardsRules
8. If an appraiser assumes a condition to be true, and evidence supportsbelief, that
although that fact is not certain, this is an example of:: extraordinary
An assumption
9. An appraiser is not permitted to be when performing an ap -
praisal.: An Advocate
10. What is the statedpurposeof USPAP?: Promoteand maintaina high level of public trust in
appraisal practice
11. When obligated by law or regulation, an appraiser comply with
USPAP.: Must
12. To which propertytypes does USPAP apply?: Both tangibleand intangibleproperty
13. The PREAMBLE statesthat USPAP is: For appraisersand usersof appraisalservices
14. Which statement is TRUE regarding the relationship between valuation services
1/
13
, and appraisal practice?: Appraisalpracticeis a subsetof valuationservices.
15. What could cause an appraiser to prepare an appraisal assignment conformance
in
with USPAP?: Law or regulation, agreement with the client, or voluntary choice by the
appraiser
2/
13
