15HR NATIONAL USPAP MCKISSOCK ACTUAL UPDATED 2025
QUESTIONS AND ANSWERS 100% PASS
In order to determine the appropriate scope of work, the appraiser must ________
the problem to be solved. - (ANSWERS)Identify
Appraisers have broad _________ and significant _________ in determining the
appropriate scope of work in an assignment. - (ANSWERS)Flexibility,
responsibility
The credibility of assignment results is measured in the context of -
(ANSWERS)The intended use
Which Foundation board is responsible for USPAP? - (ANSWERS)Appraisal
Standards Board (ASB)
The Appraisal Foundation has the authority to enforce the requirements of USPAP. -
(ANSWERS)False
The first step in the appraisal process is: - (ANSWERS)Identify the problem
In USPAP, The appraisal process is divided into two distinct types of activity:
________ and _______. - (ANSWERS)Development, reporting
Which step in the appraisal process involves communication of the appraiser's
opinions and conclusions? - (ANSWERS)Reporting
Which in tight city is responsible for establishing education and experience
requirements for licensing and certification of appraisers? - (ANSWERS)Appraiser
Qualifications Board (AQB)
Qualification criteria for appraiser certification and recertification are disseminated
to State Appraisal boards by the: - (ANSWERS)Appraiser Qualifications Board
, 15HR NATIONAL USPAP MCKISSOCK ACTUAL UPDATED 2025
QUESTIONS AND ANSWERS 100% PASS
(AQB)
Which entitles the appoints members of the AQB and ASB? - (ANSWERS)Board of
Trustees (BOT)
USPAP is written, amended, and interpreted by the: - (ANSWERS)Appraisal
Standards Board (ASB)
Advisory Opinion are best described as - (ANSWERS)not part of USPAP, but
included as references material
USPAP is enforced by: - (ANSWERS)State appraiser licensing/certification
agencies
Which entity maintains the official National Registry of state certified and license
appraisers? - (ANSWERS)Appraisal Subcommittee (ASC)
Who is responsible for issuing credentials to individual appraisers? -
(ANSWERS)State appraisal regulatory agencies
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? -
(ANSWERS)Writing, interpreting, and amending USPAP
Why are USPAP Advisory Opinions issued? - (ANSWERS)offer advice
Which of these is considered an integral part of USPAP and has the same weight as
the components the address? - (ANSWERS)Comments
Which part of USPAP establishes the requirements for workfile content for an
appraisal or appraisal review assignment? - (ANSWERS)RECORD KEEPING
QUESTIONS AND ANSWERS 100% PASS
In order to determine the appropriate scope of work, the appraiser must ________
the problem to be solved. - (ANSWERS)Identify
Appraisers have broad _________ and significant _________ in determining the
appropriate scope of work in an assignment. - (ANSWERS)Flexibility,
responsibility
The credibility of assignment results is measured in the context of -
(ANSWERS)The intended use
Which Foundation board is responsible for USPAP? - (ANSWERS)Appraisal
Standards Board (ASB)
The Appraisal Foundation has the authority to enforce the requirements of USPAP. -
(ANSWERS)False
The first step in the appraisal process is: - (ANSWERS)Identify the problem
In USPAP, The appraisal process is divided into two distinct types of activity:
________ and _______. - (ANSWERS)Development, reporting
Which step in the appraisal process involves communication of the appraiser's
opinions and conclusions? - (ANSWERS)Reporting
Which in tight city is responsible for establishing education and experience
requirements for licensing and certification of appraisers? - (ANSWERS)Appraiser
Qualifications Board (AQB)
Qualification criteria for appraiser certification and recertification are disseminated
to State Appraisal boards by the: - (ANSWERS)Appraiser Qualifications Board
, 15HR NATIONAL USPAP MCKISSOCK ACTUAL UPDATED 2025
QUESTIONS AND ANSWERS 100% PASS
(AQB)
Which entitles the appoints members of the AQB and ASB? - (ANSWERS)Board of
Trustees (BOT)
USPAP is written, amended, and interpreted by the: - (ANSWERS)Appraisal
Standards Board (ASB)
Advisory Opinion are best described as - (ANSWERS)not part of USPAP, but
included as references material
USPAP is enforced by: - (ANSWERS)State appraiser licensing/certification
agencies
Which entity maintains the official National Registry of state certified and license
appraisers? - (ANSWERS)Appraisal Subcommittee (ASC)
Who is responsible for issuing credentials to individual appraisers? -
(ANSWERS)State appraisal regulatory agencies
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? -
(ANSWERS)Writing, interpreting, and amending USPAP
Why are USPAP Advisory Opinions issued? - (ANSWERS)offer advice
Which of these is considered an integral part of USPAP and has the same weight as
the components the address? - (ANSWERS)Comments
Which part of USPAP establishes the requirements for workfile content for an
appraisal or appraisal review assignment? - (ANSWERS)RECORD KEEPING
