ISA AM Practice Questions - ISA Accredited Member (AM) - Personal Property Appraiser Exam

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Under USPAP, the Competency Rule requires that prior to accepting an assignment, an appraiser must do all of the following EXCEPT:

Be competent to perform the assignment, OR acquire the necessary competency, OR decline the assignment Disclose the lack of knowledge and/or experience to the client before accepting the assignment Describe the steps taken to acquire competency in the report Guarantee a specific value conclusion to the client in advance

Correct Answer:

Guarantee a specific value conclusion to the client in advance

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