IAAO 300: COMPLETE COURSE REVIEW QUESTIONS AND ANSWERS 100% PASS
Question 1: Scope of Work Rule
CORRECT ANSWER: 1. Identify the problem to be
solved
2. Determine and perform the scope of work necessary to
develop credible assignment results
3. Disclose the scope of work in the report
Question 2: Scope of work acceptability
CORRECT ANSWER: When it meets or exceeds:
1. Expectations of parties who are regularly intended
users for similar assignments and 2. What an Appraiser's
peers actions would be in performing the same or similar
assignments
Question 3: Economic Basis of Model Building
CORRECT ANSWER: Supply factors relate to
availability and thus reflect such things as Cost, interest
rates, and economic conditions. Demand factors include
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