Indiana Auctioneer License Exam — Version B
Exam Guaranteed pass newest year 2026-2027
| 100. Questions and answers + Rationales|
free PDF Access |STUDY GUIDE MASTER
|Already graded A+
These are original Indiana Auctioneer License practice questions, not actual, leaked, or recalled
exam questions. I’ve aligned them with Indiana’s current licensing information and
statutory/course subject areas. Indiana currently requires applicants by examination to
complete an approved pre-licensing course and pass an approved examination; the statute
specifies at least 80 actual hours of auction instruction. Indiana Government
The Indiana course framework covers areas such as bid calling/public speaking, ethics,
advertising, accounting/math, closing statements, firearms, auction law and sales tax, UCC/bulk
transfers, contracts, bankruptcy, appraising, sale preparation, specialty subjects, auction-
company operation, real estate, and ring work. Indiana Government
Part I — Indiana Licensing & Law
1. What is the minimum age for an Indiana auctioneer license applicant?
A. 16
B. 18
C. 19
D. 21
Answer: B. 18
Rationale: Indiana law requires an applicant for an auctioneer license to be at least 18 years old.
Indiana Government
,2. Before acting as an auctioneer in Indiana, an individual generally must:
A. Obtain a valid license
B. Register with the county sheriff
C. Obtain a real estate broker license
D. Obtain a business degree
Answer: A. Obtain a valid license
Rationale: Indiana law generally requires an individual to obtain an auctioneer license before
acting as an auctioneer. Indiana Government
3. How many actual hours of approved auction instruction are required for an Indiana
auctioneer applicant?
A. 40
B. 60
C. 80
D. 120
Answer: C. 80
Rationale: Indiana law requires at least 80 actual hours of auction instruction from an approved
course provider. Indiana Government
4. Which organization administers Indiana auctioneer licensing?
A. Indiana Department of Revenue
B. Indiana Professional Licensing Agency/Auctioneer Commission
C. Indiana State Police
D. Indiana Secretary of Agriculture
Answer: B
Rationale: The Indiana Professional Licensing Agency provides licensing information for the
Indiana Auctioneer Commission. Indiana Government
5. Which of the following is part of Indiana's required auctioneer instruction?
,A. Bid calling
B. Veterinary medicine
C. Civil engineering
D. Nursing
Answer: A. Bid calling
Rationale: Indiana's statute specifically identifies bid calling as part of required auction
instruction. Indiana Government
6. Which subject is specifically included in the required auctioneer education?
A. Mathematics
B. Organic chemistry
C. Anatomy
D. Astronomy
Answer: A. Mathematics
Rationale: Mathematics is specifically included in Indiana's auctioneer education requirements.
Indiana Government
7. An applicant must also receive instruction concerning:
A. Indiana auction laws and Commission rules
B. Medical laws
C. Aviation regulations
D. Immigration law only
Answer: A
Rationale: Required instruction includes the auction statute and Commission rules. Indiana
Government
8. Which is required when applying by examination?
A. Approved course completion certificate
B. College transcript in accounting
C. Real estate appraisal license
D. Livestock license
, Answer: A
Rationale: Indiana's current application instructions require a course completion certificate
from a Commission-approved pre-licensing provider. Indiana Government
9. What is the current Indiana auctioneer application fee?
A. $35
B. $50
C. $70
D. $100
Answer: C. $70
Rationale: The current Indiana PLA fee schedule lists a $70 auctioneer application fee. Indiana
Government
10. What is the current examination fee?
A. $25
B. $35
C. $50
D. $70
Answer: B. $35
Rationale: The current Indiana fee schedule lists a $35 examination fee. Indiana Government
11. Indiana application fees are generally:
A. Refundable
B. Nonrefundable
C. Refundable only after examination
D. Transferable to another applicant
Answer: B
Rationale: Indiana's current licensing information states that application fees are
nonrefundable. Indiana Government
Exam Guaranteed pass newest year 2026-2027
| 100. Questions and answers + Rationales|
free PDF Access |STUDY GUIDE MASTER
|Already graded A+
These are original Indiana Auctioneer License practice questions, not actual, leaked, or recalled
exam questions. I’ve aligned them with Indiana’s current licensing information and
statutory/course subject areas. Indiana currently requires applicants by examination to
complete an approved pre-licensing course and pass an approved examination; the statute
specifies at least 80 actual hours of auction instruction. Indiana Government
The Indiana course framework covers areas such as bid calling/public speaking, ethics,
advertising, accounting/math, closing statements, firearms, auction law and sales tax, UCC/bulk
transfers, contracts, bankruptcy, appraising, sale preparation, specialty subjects, auction-
company operation, real estate, and ring work. Indiana Government
Part I — Indiana Licensing & Law
1. What is the minimum age for an Indiana auctioneer license applicant?
A. 16
B. 18
C. 19
D. 21
Answer: B. 18
Rationale: Indiana law requires an applicant for an auctioneer license to be at least 18 years old.
Indiana Government
,2. Before acting as an auctioneer in Indiana, an individual generally must:
A. Obtain a valid license
B. Register with the county sheriff
C. Obtain a real estate broker license
D. Obtain a business degree
Answer: A. Obtain a valid license
Rationale: Indiana law generally requires an individual to obtain an auctioneer license before
acting as an auctioneer. Indiana Government
3. How many actual hours of approved auction instruction are required for an Indiana
auctioneer applicant?
A. 40
B. 60
C. 80
D. 120
Answer: C. 80
Rationale: Indiana law requires at least 80 actual hours of auction instruction from an approved
course provider. Indiana Government
4. Which organization administers Indiana auctioneer licensing?
A. Indiana Department of Revenue
B. Indiana Professional Licensing Agency/Auctioneer Commission
C. Indiana State Police
D. Indiana Secretary of Agriculture
Answer: B
Rationale: The Indiana Professional Licensing Agency provides licensing information for the
Indiana Auctioneer Commission. Indiana Government
5. Which of the following is part of Indiana's required auctioneer instruction?
,A. Bid calling
B. Veterinary medicine
C. Civil engineering
D. Nursing
Answer: A. Bid calling
Rationale: Indiana's statute specifically identifies bid calling as part of required auction
instruction. Indiana Government
6. Which subject is specifically included in the required auctioneer education?
A. Mathematics
B. Organic chemistry
C. Anatomy
D. Astronomy
Answer: A. Mathematics
Rationale: Mathematics is specifically included in Indiana's auctioneer education requirements.
Indiana Government
7. An applicant must also receive instruction concerning:
A. Indiana auction laws and Commission rules
B. Medical laws
C. Aviation regulations
D. Immigration law only
Answer: A
Rationale: Required instruction includes the auction statute and Commission rules. Indiana
Government
8. Which is required when applying by examination?
A. Approved course completion certificate
B. College transcript in accounting
C. Real estate appraisal license
D. Livestock license
, Answer: A
Rationale: Indiana's current application instructions require a course completion certificate
from a Commission-approved pre-licensing provider. Indiana Government
9. What is the current Indiana auctioneer application fee?
A. $35
B. $50
C. $70
D. $100
Answer: C. $70
Rationale: The current Indiana PLA fee schedule lists a $70 auctioneer application fee. Indiana
Government
10. What is the current examination fee?
A. $25
B. $35
C. $50
D. $70
Answer: B. $35
Rationale: The current Indiana fee schedule lists a $35 examination fee. Indiana Government
11. Indiana application fees are generally:
A. Refundable
B. Nonrefundable
C. Refundable only after examination
D. Transferable to another applicant
Answer: B
Rationale: Indiana's current licensing information states that application fees are
nonrefundable. Indiana Government
