Question: a mathematical expression of how supply and demand factors interact in a market best describes

Answer: mass appraisal model

Question: in Standards Rules 5-3, trade level (or levels of trade) is a market reference used in

Answer: personal property appraising

Question: in additional to tax assessment, mass appraisals may be used in

Answer: all of the listed answers

Question: what appraisal discipline does STANDARDS 5 and cover?

Answer: the development and reporting of mass appraisal

Question: a mass appraisal may be prepared

Answer: with or without computer assistance

Question: the requirement to include a signed certification in written reports is found in which appraisal disciplines?

Answer: all of the appraisal disciplines covered by STANDARDS 1 through 10

Question: a prohibition on the use of a machine in a particular location best describes what aspect of personal property valuation?

Answer: an encumbrance

Question: what best represents an example of personal property?

Answer: a furniture item

Question: when appraising personal property, the appraiser must analyze prior sales of the subject over what time period, assuming its relevance to the intended use of the appraisal and property type?

Answer: a reasonable and applicable time

Question: which reporting option(s) is/are available to an appraiser when performing a personal property appraisal?

Answer: all listed answers are viable reporting options