Practice Tests For IT & Nursing
Question # 41

If a jurisdictional law requires an appraiser to omit certain USPAP-required elements, the appraiser should:

Options:

A.

Decline the assignment

B.

Apply the Jurisdictional Exception Rule

C.

Complete the assignment but note the conflict privately

D.

Follow USPAP over the law

Question # 42

Which Rule requires an appraiser to act without bias and avoid advocacy?

Options:

A.

Ethics Rule

B.

Competency Rule

C.

Scope of Work Rule

D.

Jurisdictional Exception Rule

Question # 43

If an appraiser lacks competency but wants to accept an assignment, USPAP requires:

Options:

A.

Disclosure, steps to gain competency, and completion with credibility

B.

Declining immediately

C.

Outsourcing without disclosure

D.

Ignoring competency issues unless federally mandated

Question # 44

Which USPAP publication previously carried binding authority but is now retired?

Options:

A.

Advisory Opinions

B.

Statements on Appraisal Standards

C.

Ethics Rule

D.

Scope of Work Rule

Question # 45

If an appraiser accepts an assignment with insufficient time to perform properly, USPAP requires:

Options:

A.

Declining or negotiating for adequate time

B.

Accepting anyway to satisfy the client

C.

Completing partial research only

D.

Producing an oral-only report

Viewing question 9 out of 14 questions


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USPAP Overview

Name USPAP Certified General Appraiser
Code USPAP
Vendor Finance, Insurance and Real Est
Certification Appraiser Qualifications Board (AQB) and The Appraisal Foundation

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