USPAP 15 HOUR COURSE CERTIFICATION
TEST 2026 COMPREHENSIVE QUESTIONS
AND SOLUTION GUIDE
◉ · Which Foundation board is responsible for USPAP?
Answer: Appraisal Standards Board (ASB)
◉ The Appraisal Foundation has the authority to enforce the
requirements of USPAP.
Answer: False
◉ · Which entity appoints members of the AQB and ASB?
Answer: Board of Trustees (BOT)
◉ · Which entity is responsible for establishing education and
experience requirements for licensing and certification of
appraisers?
Answer: Appraiser Qualifications Board (AQB)
◉ · Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal boards by the:
,Answer: Appraiser Qualifications Board (AQB)
◉ · USPAP is written, amended, and interpreted by the:
Answer: Appraisal Standards Board (ASB)
◉ · Advisory Opinions are best described as
Answer: not part of USPAP, but included as reference material
◉ · Which is NOT a responsibility of the Appraisal Subcommittee
(ASC)?
Answer: Writing, interpreting, and amending USPAP
◉ · Who is responsible for issuing credentials to individual
appraisers?
Answer: State appraisal regulatory agencies
◉ · USPAP is enforced by:
Answer: State appraiser licensing/certification agencies
◉ · Which entity maintains the official National Registry of state-
certified and licensed appraisers?
Answer: Appraisal Subcommittee (ASC)
,◉ · Which of these is considered an integral part of USPAP and has
the same weight as the components they address?
Answer: Comments
◉ · Which part of USPAP establishes the requirements for work file
content for an appraisal or appraisal review assignment?
Answer: RECORD KEEPING RULE
◉ · Why are USPAP Advisory Opinions issued?
Answer: To offer advice
◉ · Which step in the appraisal process involves communication of
the appraiser's opinions and conclusions?
Answer: Reporting
◉ · In USPAP, the appraisal process is divided into two distinct types
of activity: _________ and __________.
Answer: Development, reporting
◉ · The first step in the appraisal process is:
Answer: Identify the problem
, ◉ · What is the stated purpose of USPAP?
Answer: Promote and maintain a high level of public trust in
appraisal practice
◉ · To which property types does USPAP apply?
Answer: Both tangible and intangible property
◉ · The PREAMBLE states that USPAP intended to benefit:
Answer: Appraisers and users of appraisal services
◉ · When obligated by law or regulation, an appraiser _______ comply
with USPAP.
Answer: Must
◉ · The requirement for USPAP compliance in an appraisal
assignment could be the result of:
Answer: Law or regulation
Agreement with the client
****Any of these answers****
Voluntary choice by the appraiser
◉ · An appraiser has the professional responsibility to identify the
capacity in which he or she is performing.
TEST 2026 COMPREHENSIVE QUESTIONS
AND SOLUTION GUIDE
◉ · Which Foundation board is responsible for USPAP?
Answer: Appraisal Standards Board (ASB)
◉ The Appraisal Foundation has the authority to enforce the
requirements of USPAP.
Answer: False
◉ · Which entity appoints members of the AQB and ASB?
Answer: Board of Trustees (BOT)
◉ · Which entity is responsible for establishing education and
experience requirements for licensing and certification of
appraisers?
Answer: Appraiser Qualifications Board (AQB)
◉ · Qualification criteria for appraiser certification and
recertification are disseminated to state appraisal boards by the:
,Answer: Appraiser Qualifications Board (AQB)
◉ · USPAP is written, amended, and interpreted by the:
Answer: Appraisal Standards Board (ASB)
◉ · Advisory Opinions are best described as
Answer: not part of USPAP, but included as reference material
◉ · Which is NOT a responsibility of the Appraisal Subcommittee
(ASC)?
Answer: Writing, interpreting, and amending USPAP
◉ · Who is responsible for issuing credentials to individual
appraisers?
Answer: State appraisal regulatory agencies
◉ · USPAP is enforced by:
Answer: State appraiser licensing/certification agencies
◉ · Which entity maintains the official National Registry of state-
certified and licensed appraisers?
Answer: Appraisal Subcommittee (ASC)
,◉ · Which of these is considered an integral part of USPAP and has
the same weight as the components they address?
Answer: Comments
◉ · Which part of USPAP establishes the requirements for work file
content for an appraisal or appraisal review assignment?
Answer: RECORD KEEPING RULE
◉ · Why are USPAP Advisory Opinions issued?
Answer: To offer advice
◉ · Which step in the appraisal process involves communication of
the appraiser's opinions and conclusions?
Answer: Reporting
◉ · In USPAP, the appraisal process is divided into two distinct types
of activity: _________ and __________.
Answer: Development, reporting
◉ · The first step in the appraisal process is:
Answer: Identify the problem
, ◉ · What is the stated purpose of USPAP?
Answer: Promote and maintain a high level of public trust in
appraisal practice
◉ · To which property types does USPAP apply?
Answer: Both tangible and intangible property
◉ · The PREAMBLE states that USPAP intended to benefit:
Answer: Appraisers and users of appraisal services
◉ · When obligated by law or regulation, an appraiser _______ comply
with USPAP.
Answer: Must
◉ · The requirement for USPAP compliance in an appraisal
assignment could be the result of:
Answer: Law or regulation
Agreement with the client
****Any of these answers****
Voluntary choice by the appraiser
◉ · An appraiser has the professional responsibility to identify the
capacity in which he or she is performing.
