Exam (elaborations)
USPAP McKissock Exam with correct Answers
- Course
- Institution
USPAP McKissock Exam with correct Answers
[Show more]
Content preview
USPAP McKissock Exam with correctAnswers
Currently, iithe iiboards iiwithin iiThe iiAppraisal iiFoundation iiinclude: ii- iiAnswers ii-
Appraisal iiStandards iiBoard, iiAppraiser iiQualifications iiBoard, iiBoard iiof iiTrustees
Which iiFoundation iiboard iiis iiresponsible iifor iiUSPAP? ii- iiAnswers ii-Appraisal
iiStandards iiBoard ii(ASB)
Which iientity iiappoints iimembers iiof iithe iiAQB iiand iiASB? ii- iiAnswers ii-Board iiof
iiTrustees ii(BOT)
Qualification iicriteria iifor iiappraiser iicertification iiand iirecertification iiare iidisseminated
iito iistate iiappraisal iiboard iiby iithe? ii- iiAnswers ii-Appraiser iiQualifications iiBoard
Which iientity iiis iiresponsible iifor iiestablishing iieducation iiand iiexperience iirequirements
iifor iilicensing iiand iicertification iiof iiappraisers? ii- iiAnswers ii-Appraiser iiQualifications
iiBoard ii(AQB)
USPAP iiis iiwritten, iiamended, iiand iiinterpreted iiby iithe: ii- iiAnswers ii-Appraisal
iiStandards iiBoard ii(ASB)
Advisory iiOpinions iiare iibest iidescribed iias ii- iiAnswers ii-not iipart iiof iiUSPAP, iibut
iiincluded iias iireference iimaterial
Which iientity iimaintains iithe iiofficial iiNational iiRegistry iiof iistate-certified iiand iilicensed
iiappraisers? ii- iiAnswers ii-Appraisal iiSubcommittee ii(ASC)
USPAP iiis iienforced iiby: ii- iiAnswers ii-State iiappraiser iilicensing/certification iiagencies
Who iiis iiresponsible iifor iiissuing iicredentials iito iiindividual iiappraisers ii- iiAnswers ii-State
iiappraisal iiregulatory iiagencies
Which iiis iinot iia iiresponsibility iiof iithe iiAppraisal iiSubcommittee ii- iiAnswers ii-Writing,
iiinterpreting, iiand iiamending iiUSPAP
, Which iipart iiof iiUSPAP iiestablishes iithe iirequirements iifor iiworkfile iicontent iifor iian
iiappraisal iior iiappraisal iireview iiassignment? ii- iiAnswers ii-RECORD iiKEEPING iiRULE
Why iiare iiUSPAP iiAdvisory iiOpinions iiissued? ii- iiAnswers ii-offer iiadvice
Which iiof iithese iiis iiconsidered iian iiintegral iipart iiof iiUSPAP iiand iihas iithe iisame iiweight
iias iithe iicomponents iithey iiaddress? ii- iiAnswers ii-comments
In iiUSPAP iithe iiappraisal iiprocess iiis iidivided iiinto iitwo iidistinct iitypes iiof iiactivity______
iiand ii______? ii- iiAnswers ii-Development iiand iiReporting
The iifirst iistep iiin iithe iiappraisal iiprocess iiis ii? ii- iiAnswers ii-Identify iithe iiproblem
Which iistep iiin iithe iiappraisal iiprocess iiinvolves iicommunication iiof iithe iiappraiser's
iiopinions iiand iiconclusions? ii- iiAnswers ii-reporting
What iiis iithe iistated iipurpose iiof iiUSPAP ii- iiAnswers ii-Promote iiand iimaintain iia iihigh
iilevel iiof iipublic iitrust iiin iiappraisal iipractice
To iiwhich iiproperty iitypes iidoes iiUSPAP iiapply ii- iiAnswers ii-Both iitangible iiand
iiintangible iiproperty
The iipreamble iistates iithat iiUSPAP iiintended iito iibenefit ii- iiAnswers ii-Appraisers iiand
iiusers iiof iiappraisal iiservices
USPAP iistates iithat iiin iia iisituation iiwhen iian iiindividual iiis iinot iirequired iiby iilaw,
iiregulation, iior iiagreement iito iicomply iiwith iiUSPAP: ii- iiAnswers ii-The iiindividual iishould
iistill iicomply iiwhen iihe iior iishe iiis iiacting iias iian iiappraiser
A iivaluation iiservice iithat iiis iipremised iiupon iiadvocacy: ii- iiAnswers ii-It iicannot iibe
iiperformed iiby iian iiindividual iiacting iias iian iiappraiser
A iipreference iior iiinclination iithat iiprecludes iian iiappraiser's iiimpartiality, iiindependence,
iior iiobjectivity iiis: ii- iiAnswers ii-bias
If iian iiappraiser iiassumes iia iicondition iito iibe iitrue, iithat iidoes iinot iiexist iifor iithe
iipurpose iiof iianalysis, iithis iiis iian iiexample iiof ii- iiAnswers ii-A iihypothetical iicondition
If iian iiappraiser iiassumes iia iicondition iito iibe iitrue, iiand iievidence iisupports iithat iibelief,
iialthough iithat iifact iiis iinot iicertain, iithis iiis iian iiexample iiof: ii- iiAnswers ii-An
iiextraordinary iiassumption
The iimonetary iirelationship iibetween iiproperties iiand iithose iiwho iibuy iisell iior iiuse
iithose iiproperties iiis iithe iidefinition iiof ii- iiAnswers ii-value
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller UPPERFRONT. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now