PRACTICE TEST FINAL (USPAP) QUESTIONS
AND ANSWERS 2025
Which,is,not,an,element,of,problem,identification?
-assignment,conditions
-effective,date,of,the,opinions,and,conclusions
-client,and,other,intended,users
-reporting,option,to,be,used,in,the,assignment,-
,ANSWER,Reporting,option,to,be,used,in,the,assignment
Most,of,the,information,necessary,for,the,appraiser,to,identify,the,problem,in,a,particular,assign
ment,-,ANSWER,Requires,communication,with,the,client
What,is,true,about,appraising,the,same,property,for,two,clients,-
,ANSWER,Value,opinion,could,be,different,in,each,assignment
Confidential,information,can,be,disclosed,to,person,specifically,authorized,by,the,client,,state,ap
praisal,agencies,,third,parties,as,authorized,by,law,,or,a,-
,ANSWER,Duly,authorized,professional,peer,review,committee
When,an,individual,is,performing,valuation,services,outside,of,appraisal,practice,,that,individual,
must,be,careful,to,-,ANSWER,Not,miss,represent,his,role
According,to,the,management,session,of,the,ethics,rules,,and,appraiser,in,fixes,his,signature,in,a
ssignment,for,what,purpose?,-
,ANSWER,Certified,recognition,and,acceptance,of,USPAP,responsibilities
When,can,extraordinary,Assumption,be,used,regarding,information,not,available,to,the,appraise
r,due,to,assignment,conditions,-
,ANSWER,When,credible,assignment,results,can,still,be,developed
Which,is,an,element,of,defining,the,problem?
, -Assignment,conditions
-market,analysis
-scope,of,work
-Data,collection,-,ANSWER,Assignment,conditions
Which,of,these,activities,does,the,conduct,session,of,the,ethics,rule,prohibit?
-criminal,conduct
-Objective,opinions,in,appraisal,practice
-valuation,services,outside,of,appraisal,practice
-Appraisal,consulting,-,ANSWER,Criminal,conduct
Which,would,not,be,considered,a,competency,factor,in,a,particular,assignment?
-analytical,method
-laws,and,regulations
-appraisers,credentials
-intended,use,-,ANSWER,Appraisers,credentials
The,conduct,session,of,the,ethics,rule,requires,the,appraiser,to,disclose,previous,services,as,an,a
ppraiser,or,in,any,capacity,regarding,the,subject,property,for,what,period,of,time,prior,to,accept
ing,an,assignment,-,ANSWER,Three,years
And,appraisers,peer,is,defined,as,-
,ANSWER,Other,appraisers,who,have,expertise,and,competency,in,a,similar,type,of,assignment
According,to,the,recordkeeping,rule,,what,information,is,not,required,to,be,in,the,work,file?
-documentation,to,support,the,appraisers,opinion,and,conclusions
-specific,names,of,other,intended,users
-True,copies,of,any,written,reports
