LATEST GIA COLORED STONE FINAL EXAM ACTUAL
QUESTIONS AND CORRECT DETAILED ANSWERS (100%
CORRECT VERIFIED ANSWERS) A NEW UPDATED
VERSION | GUARANTEED PASS. (FULL REVISED EXAM)
Diamond grades provide... - ANSWER: a standardized way of communicating and
comparing diamond quality
Diamond grades help in determining... - ANSWER: diamond market value
______ of diamonds depend on the market conditions that exist when the lists are
published - ANSWER: the listed wholesale prices
T/F: Large, high quality diamonds are graded much more thoroughly than small, low
quality ones? - ANSWER: TRUE
A diamonds specific formation conditions are directly responsible for it's ________ -
ANSWER: it's hardness and durability.
T/F: the unqiue physical properties of gem-quality diamonds allow them to survive
environmental forces better than any other gemstone - ANSWER: TRUE
what are some of the financial costs that affect diamond value? - ANSWER: locating,
developing and operating diamond mines
Define: Appraisal - ANSWER: an estimation of the value of an article, usually for
insurance purposes
Define: Wholesaler - ANSWER: someone who sells to retailers rather than directly to
consumers
A diamond grading system provides... - ANSWER: a consistent way to communicate
diamond quality
A wholesaler is someone who... - ANSWER: sells to retailers.
Diamond prices on wholesale prices lists... - ANSWER: depend on the market
conditions that exist when the lists are published.
Large, high quality diamonds are... - ANSWER: graded much more thoroughly than
small, low-quality ones.
Diamond's supreme hardness and durability are.. - ANSWER: a result of the
conditions under which it formed.
QUESTIONS AND CORRECT DETAILED ANSWERS (100%
CORRECT VERIFIED ANSWERS) A NEW UPDATED
VERSION | GUARANTEED PASS. (FULL REVISED EXAM)
Diamond grades provide... - ANSWER: a standardized way of communicating and
comparing diamond quality
Diamond grades help in determining... - ANSWER: diamond market value
______ of diamonds depend on the market conditions that exist when the lists are
published - ANSWER: the listed wholesale prices
T/F: Large, high quality diamonds are graded much more thoroughly than small, low
quality ones? - ANSWER: TRUE
A diamonds specific formation conditions are directly responsible for it's ________ -
ANSWER: it's hardness and durability.
T/F: the unqiue physical properties of gem-quality diamonds allow them to survive
environmental forces better than any other gemstone - ANSWER: TRUE
what are some of the financial costs that affect diamond value? - ANSWER: locating,
developing and operating diamond mines
Define: Appraisal - ANSWER: an estimation of the value of an article, usually for
insurance purposes
Define: Wholesaler - ANSWER: someone who sells to retailers rather than directly to
consumers
A diamond grading system provides... - ANSWER: a consistent way to communicate
diamond quality
A wholesaler is someone who... - ANSWER: sells to retailers.
Diamond prices on wholesale prices lists... - ANSWER: depend on the market
conditions that exist when the lists are published.
Large, high quality diamonds are... - ANSWER: graded much more thoroughly than
small, low-quality ones.
Diamond's supreme hardness and durability are.. - ANSWER: a result of the
conditions under which it formed.
