Basic Appraisal Principles EXAM SET COMPLETE
(questions and verified answers) FREQUENTLY MOST
TESTED QUESTIONS |2025 LATEST| already passed!!
The AQB and the ASB were created for the express purpose of promoting and
maintaining a high level of ____________ - (ANSWER)public trust
A rod contains ______ feet. - (ANSWER)16
USPAP requires an appraiser to be - (ANSWER)objective
"An analysis undertaken to investigate whether a project will fulfill the objectives
of the investor" is the definition of - (ANSWER)feasibility analysis
Which is a TRUE statement regarding appraiser examinations? - (ANSWER)The
exam is national, so the same questions are used in every state.
A chain contains 100 links, which measures _______ feet. - (ANSWER)66
65% of the houses in a neighborhood are split levels and 15% are ranches. There
are a total of 300 houses. How many are ranches? - (ANSWER)45
What is the mean of these numbers: 123.5, 136.2, 162, 188.9,153.27, 227.98, 16,
342.66, 72.7, 21.55, 168.08? - (ANSWER)146
, "A market in which a drop in demand is accompanied by a relative oversupply and
a decline in prices" is the definition of a(n) __________ market. -
(ANSWER)depressed
Which valuation approach relies most heavily on the principle of substitution? -
(ANSWER)sales comparison
What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? -
(ANSWER)35
Which of the following types of investments has historically generated the highest
return on investment? - (ANSWER)real estate
Sonic measurers employ _____________ to take measurements. -
(ANSWER)sound waves
Retail space is usually compared on the basis of - (ANSWER)dollars per square
foot per year
"An active market in which the sellers of available properties can obtain higher
prices than those obtainable in the immediately preceding period; a market in
which a few available properties are demanded at prevailing prices by many users
and potential users" is the definition of a(n) __________ market. -
(ANSWER)seller's
(questions and verified answers) FREQUENTLY MOST
TESTED QUESTIONS |2025 LATEST| already passed!!
The AQB and the ASB were created for the express purpose of promoting and
maintaining a high level of ____________ - (ANSWER)public trust
A rod contains ______ feet. - (ANSWER)16
USPAP requires an appraiser to be - (ANSWER)objective
"An analysis undertaken to investigate whether a project will fulfill the objectives
of the investor" is the definition of - (ANSWER)feasibility analysis
Which is a TRUE statement regarding appraiser examinations? - (ANSWER)The
exam is national, so the same questions are used in every state.
A chain contains 100 links, which measures _______ feet. - (ANSWER)66
65% of the houses in a neighborhood are split levels and 15% are ranches. There
are a total of 300 houses. How many are ranches? - (ANSWER)45
What is the mean of these numbers: 123.5, 136.2, 162, 188.9,153.27, 227.98, 16,
342.66, 72.7, 21.55, 168.08? - (ANSWER)146
, "A market in which a drop in demand is accompanied by a relative oversupply and
a decline in prices" is the definition of a(n) __________ market. -
(ANSWER)depressed
Which valuation approach relies most heavily on the principle of substitution? -
(ANSWER)sales comparison
What is the median of these numbers: 19, 11, 64, 36, 81, 22, 35, 95? -
(ANSWER)35
Which of the following types of investments has historically generated the highest
return on investment? - (ANSWER)real estate
Sonic measurers employ _____________ to take measurements. -
(ANSWER)sound waves
Retail space is usually compared on the basis of - (ANSWER)dollars per square
foot per year
"An active market in which the sellers of available properties can obtain higher
prices than those obtainable in the immediately preceding period; a market in
which a few available properties are demanded at prevailing prices by many users
and potential users" is the definition of a(n) __________ market. -
(ANSWER)seller's
