National USPAP Course ACTUAL Exam LATEST 2023

National USPAP Course ACTUAL Exam LATEST 2023 1. The Appraisal Foundation has the authority to enforce the requirements of USPAP.: False 2. Currently, the boards within the Appraisal Foundation include:: Appraisal Standards Board, Appraisal Qualifications Board, Board of Trustees 3. Which Foundation board is responsible for USPAP?: Appraisal Standards Board 4. Qualification criteria for appraiser certification and recertification are disseminated to state appraisal boards by the:: Appraisal Qualifications Board 5. Which entity is responsible for establishing education and experience requirements for licensing and certification of appraisers?: Appraisal Qualifications Board 6. Which entity appoints members of the AQB and ASB?: Board of Trustees 7. USPAP is written, amended, and interpreted by the:: Appraisal Standards Board 8. Advisory Opinions are best described as:: not part of USPAP, but included as reference material 9. Who is responsible for issuing credentials to individual appraisers?: State appraisal regulatory agencies 10. Which entity maintains the official National Registry of state-certified and licensed appraisers?: Appraisal Subcommittee (ASC) 11. Which is NOT a responsibility of the Appraisal Subcommittee (ASC)?: - writing, interpreting and amending USPAP 12. USPAP is enforced by:: state appraiser licensing/certification agencies 13. Which part of USPAP establishes the requirements for workfile content for an appraisal or appraisal review assignment?: Record Keeping Rule 14. Why are USPAP Advisory Opinions issued?: to offer advice 15. Which of these is considered an integral part of USPAP and has the same weight as the components they address?: comments 16. The first step in the appraisal process is:: identify the problem 17. In USPAP, the appraisal process is divided into two distinct types of activity: _________ and __________.: development, reporting 18. Which step in the appraisal process involves communication of the appraiser's opinions and conclusions?: reporting