If a client objective results in biased assignment results, who is responsible?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Study for the McKissock 15hr National USPAP Test. Use flashcards and multiple-choice questions with hints and explanations. Get ahead in your appraisal career!

Multiple Choice

If a client objective results in biased assignment results, who is responsible?

Explanation:
Objectivity and independence guide appraisal work. The appraiser must base conclusions on credible data, sound methods, and USPAP standards, regardless of any client desire to bias the result. If a client pushes for biased answers, the appraiser should decline or withdraw as needed and clearly document any limitations in the report. The credibility and integrity of the assignment rest with the appraiser, not with the client, broker, or firm owner, so the appraiser is the one responsible for any biased conclusions that result from the assignment.

Objectivity and independence guide appraisal work. The appraiser must base conclusions on credible data, sound methods, and USPAP standards, regardless of any client desire to bias the result. If a client pushes for biased answers, the appraiser should decline or withdraw as needed and clearly document any limitations in the report. The credibility and integrity of the assignment rest with the appraiser, not with the client, broker, or firm owner, so the appraiser is the one responsible for any biased conclusions that result from the assignment.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy