Indiana Auctioneer Licensure Exam 2026
With 100% Accurate Answers
A composition of copper and silver is identified as which? --CORRECT ANS>>Pewter
When weighing silver, an ounce is what part of a pound? --CORRECT ANS>>1/12 18
karat gold jewelry is what percent gold? --CORRECT ANS>>.75
An alloy of tin, lead and brass or copper is characteristic of? --CORRECT ANS>>Pewter
The design of a rug from which a weaver works is called? --CORRECT ANS>>Weft treads
Thread running from the top to bottom of a run is called what? --CORRECT ANS>>Warp threads
What information is obtained from the tag of an oriental rug? --CORRECT ANS>>City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: --CORRECT ANS>>Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? --CORRECT ANS>>No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses --CORRECT ANS>>B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
C. Availability of like items
D. Amount of repair work needed --CORRECT ANS>>D
In preparing a farm equipment option, it is necessary to do all of the following except:
A. Line up machinery in rows
B. Place like machinery together
C. Put all accessories with their accompanying piece of equipment --CORRECT ANS>>B
With 100% Accurate Answers
A composition of copper and silver is identified as which? --CORRECT ANS>>Pewter
When weighing silver, an ounce is what part of a pound? --CORRECT ANS>>1/12 18
karat gold jewelry is what percent gold? --CORRECT ANS>>.75
An alloy of tin, lead and brass or copper is characteristic of? --CORRECT ANS>>Pewter
The design of a rug from which a weaver works is called? --CORRECT ANS>>Weft treads
Thread running from the top to bottom of a run is called what? --CORRECT ANS>>Warp threads
What information is obtained from the tag of an oriental rug? --CORRECT ANS>>City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: --CORRECT ANS>>Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? --CORRECT ANS>>No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses --CORRECT ANS>>B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
C. Availability of like items
D. Amount of repair work needed --CORRECT ANS>>D
In preparing a farm equipment option, it is necessary to do all of the following except:
A. Line up machinery in rows
B. Place like machinery together
C. Put all accessories with their accompanying piece of equipment --CORRECT ANS>>B
