WITH CORRECT ANSWERS 2026
In order to determine the appropriate scope of work, the appraiser must ________ the problem
to be solved. - CORRECT ANSWER -Identify
Appraisers have broad _________ and significant _________ in determining the appropriate
scope of work in an assignment. - CORRECT ANSWER -Flexibility, responsibility
The credibility of assignment results is measured in the context of - CORRECT ANSWER -The
intended use
Which Foundation board is responsible for USPAP? - CORRECT ANSWER -Appraisal Standards
Board (ASB)
The Appraisal Foundation has the authority to enforce the requirements of USPAP. - CORRECT
ANSWER -False
The first step in the appraisal process is: - CORRECT ANSWER -Identify the problem
In USPAP, The appraisal process is divided into two distinct types of activity: ________ and
_______. - CORRECT ANSWER -Development, reporting
Which step in the appraisal process involves communication of the appraiser's opinions and
conclusions? - CORRECT ANSWER -Reporting
Which in tight city is responsible for establishing education and experience requirements for
licensing and certification of appraisers? - CORRECT ANSWER -Appraiser Qualifications Board
(AQB)
, Qualification criteria for appraiser certification and recertification are disseminated to State
Appraisal boards by the: - CORRECT ANSWER -Appraiser Qualifications Board (AQB)
Which entitles the appoints members of the AQB and ASB? - CORRECT ANSWER -Board of
Trustees (BOT)
USPAP is written, amended, and interpreted by the: - CORRECT ANSWER -Appraisal Standards
Board (ASB)
Advisory Opinion are best described as - CORRECT ANSWER -not part of USPAP, but included as
references material
USPAP is enforced by: - CORRECT ANSWER -State appraiser licensing/certification agencies
Which entity maintains the official National Registry of state certified and license appraisers? -
CORRECT ANSWER -Appraisal Subcommittee (ASC)
Who is responsible for issuing credentials to individual appraisers? - CORRECT ANSWER -State
appraisal regulatory agencies
Which is NOT a responsibility of the Appraisal Subcommittee (ASC)? - CORRECT ANSWER -
Writing, interpreting, and amending USPAP
Why are USPAP Advisory Opinions issued? - CORRECT ANSWER -offer advice
Which of these is considered an integral part of USPAP and has the same weight as the
components the address? - CORRECT ANSWER -Comments