Na onal USPAP Course Exam/ USPAP McKissock
Ques ons and answers Newest RATED A+ 2025/2026
NEW!!
The Appraisal Founda on has the authority to enforce the requirements of USPAP. - Answers
False
Currently, the boards within the Appraisal Founda on include: - Answers Appraisal Standards
Board, Appraisal Qualifica ons Board, Board of Trustees
Which Founda on board is responsible for USPAP? - Answers Appraisal Standards Board
Qualifica on criteria for appraiser cer fica on and recer fica on are disseminated to state
appraisal boards by the: - Answers Appraisal Qualifica ons Board
Which en ty is responsible for establishing educa on and experience requirements for
licensing and cer fica on of appraisers? - Answers Appraisal Qualifica ons Board
Which en ty appoints members of the AQB and ASB? - Answers Board of Trustees
USPAP is wri)en, amended, and interpreted by the: - Answers Appraisal Standards Board
Advisory Opinions are best described as: - Answers not part of USPAP, but included as
reference material
Who is responsible for issuing creden als to individual appraisers? - Answers State appraisal
regulatory agencies
,Which en ty maintains the official Na onal Registry of state-cer fied and licensed appraisers? -
Answers Appraisal Subcommi)ee (ASC)
Which is NOT a responsibility of the Appraisal Subcommi)ee (ASC)? - Answers wri ng,
interpre ng and amending USPAP
USPAP is enforced by: - Answers state appraiser licensing/cer fica on agencies
Which part of USPAP establishes the requirements for workfile content for an appraisal or
appraisal review assignment? - Answers Record Keeping Rule
Why are USPAP Advisory Opinions issued? - Answers to offer advice
Which of these is considered an integral part of USPAP and has the same weight as the
components they address? - Answers comments
The first step in the appraisal process is: - Answers iden fy the problem
In USPAP, the appraisal process is divided into two dis nct types of ac vity: _________ and
__________. - Answers development, repor ng
Which step in the appraisal process involves communica on of the appraiser's opinions and
conclusions? - Answers repor ng
The PREAMBLE states that USPAP intended to benefit: - Answers appraisers and users of
appraisal services
, When obligated by law or regula on, an appraiser _______ comply with USPAP. - Answers
must
What is the stated purpose of USPAP? - Answers Promote and maintain a high level of public
trust in appraisal prac ce
To which property types does USPAP apply? - Answers Both tangible and intangible property
An appraiser has the professional responsibility to iden fy the capacity in which he or she is
performing. - Answers true
The requirement for USPAP compliance in an appraisal assignment could be the result of -
Answers law or regula on, voluntary choice by the appraiser, or agreement with the client
A valua on service that is premised upon advocacy: - Answers cannot be performed by an
individual ac ng as an appraiser
When performing valua on services outside of appraisal prac ce, an individual must be careful
not to __________ the client and other intended users about his or her role. - Answers
mislead
USPAP states that in a situa on when an individual is not required by law, regula on, or
agreement to comply with USPAP: - Answers the individual should s ll comply when he or she
is ac ng as an appraiser
A preference or inclina on that precludes an appraiser's impar ality, independence, or
objec vity is: - Answers bias
Ques ons and answers Newest RATED A+ 2025/2026
NEW!!
The Appraisal Founda on has the authority to enforce the requirements of USPAP. - Answers
False
Currently, the boards within the Appraisal Founda on include: - Answers Appraisal Standards
Board, Appraisal Qualifica ons Board, Board of Trustees
Which Founda on board is responsible for USPAP? - Answers Appraisal Standards Board
Qualifica on criteria for appraiser cer fica on and recer fica on are disseminated to state
appraisal boards by the: - Answers Appraisal Qualifica ons Board
Which en ty is responsible for establishing educa on and experience requirements for
licensing and cer fica on of appraisers? - Answers Appraisal Qualifica ons Board
Which en ty appoints members of the AQB and ASB? - Answers Board of Trustees
USPAP is wri)en, amended, and interpreted by the: - Answers Appraisal Standards Board
Advisory Opinions are best described as: - Answers not part of USPAP, but included as
reference material
Who is responsible for issuing creden als to individual appraisers? - Answers State appraisal
regulatory agencies
,Which en ty maintains the official Na onal Registry of state-cer fied and licensed appraisers? -
Answers Appraisal Subcommi)ee (ASC)
Which is NOT a responsibility of the Appraisal Subcommi)ee (ASC)? - Answers wri ng,
interpre ng and amending USPAP
USPAP is enforced by: - Answers state appraiser licensing/cer fica on agencies
Which part of USPAP establishes the requirements for workfile content for an appraisal or
appraisal review assignment? - Answers Record Keeping Rule
Why are USPAP Advisory Opinions issued? - Answers to offer advice
Which of these is considered an integral part of USPAP and has the same weight as the
components they address? - Answers comments
The first step in the appraisal process is: - Answers iden fy the problem
In USPAP, the appraisal process is divided into two dis nct types of ac vity: _________ and
__________. - Answers development, repor ng
Which step in the appraisal process involves communica on of the appraiser's opinions and
conclusions? - Answers repor ng
The PREAMBLE states that USPAP intended to benefit: - Answers appraisers and users of
appraisal services
, When obligated by law or regula on, an appraiser _______ comply with USPAP. - Answers
must
What is the stated purpose of USPAP? - Answers Promote and maintain a high level of public
trust in appraisal prac ce
To which property types does USPAP apply? - Answers Both tangible and intangible property
An appraiser has the professional responsibility to iden fy the capacity in which he or she is
performing. - Answers true
The requirement for USPAP compliance in an appraisal assignment could be the result of -
Answers law or regula on, voluntary choice by the appraiser, or agreement with the client
A valua on service that is premised upon advocacy: - Answers cannot be performed by an
individual ac ng as an appraiser
When performing valua on services outside of appraisal prac ce, an individual must be careful
not to __________ the client and other intended users about his or her role. - Answers
mislead
USPAP states that in a situa on when an individual is not required by law, regula on, or
agreement to comply with USPAP: - Answers the individual should s ll comply when he or she
is ac ng as an appraiser
A preference or inclina on that precludes an appraiser's impar ality, independence, or
objec vity is: - Answers bias
