Practice Exam: 150 Questions with
Answers and Rationales EXAM REVIEWS
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QUESTIONS AND CORRECT VERIFIED
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1. What is the primary purpose of Xactimate?
A. Payroll management
B. Medical billing
C. Property insurance estimating
D. Inventory accounting
Answer: C. Property insurance estimating
Rationale: Xactimate is designed primarily to create detailed property
repair and replacement estimates for insurance claims.
2. Which company develops Xactimate?
A. Autodesk
B. Microsoft
C. Oracle
D. Verisk
Answer: D. Verisk
,Rationale: Verisk develops and maintains Xactimate, one of the
industry's leading estimating platforms.
3. Which type of damage is most commonly estimated using
Xactimate?
A. Automobile repairs
B. Aircraft maintenance
C. Residential and commercial property damage
D. Marine engine repair
Answer: C. Residential and commercial property damage
Rationale: Xactimate is widely used for estimating repairs after
property losses such as fire, water, hail, and wind.
4. What is the first step when beginning a new estimate?
A. Print the report
B. Sketch the roof
C. Create a new project
D. Order materials
Answer: C. Create a new project
Rationale: Every estimate begins by creating a new project and
entering claim information.
5. Which section stores the insured's information?
A. Reports
B. Price List
C. Sketch
D. Claim Info
,Answer: D. Claim Info
Rationale: Claim Info contains policyholder details, claim numbers,
addresses, and adjuster information.
6. What is a price list?
A. Employee wages
B. Vendor catalogue
C. Database of local material and labour pricing
D. Inventory report
Answer: C. Database of local material and labour pricing
Rationale: Price lists contain localized pricing used to calculate repair
costs.
7. Why is selecting the correct price list important?
A. It changes the sketch colour.
B. It ensures pricing matches the local market.
C. It increases estimate speed.
D. It deletes duplicates.
Answer: B. It ensures pricing matches the local market.
Rationale: Using the proper regional price list improves estimate
accuracy.
8. What does the Sketch feature allow users to create?
A. Payroll sheets
B. Photos
C. Floor plans and room dimensions
D. Tax reports
, Answer: C. Floor plans and room dimensions
Rationale: Sketch is used to draw structures and calculate
measurements automatically.
9. Which measurement is automatically calculated from Sketch?
A. Vehicle mileage
B. Wall area
C. Employee hours
D. Mortgage balance
Answer: B. Wall area
Rationale: Xactimate automatically calculates wall, floor, ceiling, and
perimeter measurements.
10. Which keyboard key commonly finishes a sketch command?
A. Esc
B. Shift
C. Ctrl
D. Enter
Answer: D. Enter
Rationale: Pressing Enter completes many drawing commands in
Sketch.
11. Which workspace contains line items?
A. Calendar
B. Dashboard
C. Estimate Items
D. Preferences