If an individual completes 300 hours of classroom instruction, including the USPAP course and a 30-hour course in the principals of capitalization, and totals 30 months and 3,000 hours of experience under a Certified Appraiser, that individual may become A) a Certified General Appraiser. B) a Certified Residential Appraiser. C) a Licensed Appraiser. D) a Certified Industrial Appraiser.

Answers

Answer 1

An individual may become a Certified General Appraiser when he completes the 300 hours of classroom instruction including required course and experience under a Certified Appraiser.

The status of Certified General Appraiser is the highest level of appraiser certification.

Hence, any individual can become a Certified General Appraiser when he completes the 300 hours of classroom instruction including required course and experience under a Certified Appraiser.

Therefore, the Option A is correct.

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Related Questions

What is the name of the tab that becomes available after you add and select an image in your PowerPoint presentation?

Home
Insert
Picture
View

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Answer: Picture tab

Explanation:

When you insert a picture, PowerPoint for the web places the picture on your slide and puts a Picture tab on the ribbon. With the picture selected, click the Picture tab.

Dr. Montgomery recently graduated from medical school and his wife bought him an engraved stethoscope. The stethoscope cost $160. 0. The sales tax in his city is 8%. What is the total cost of the stethoscope in dollars and cents including sales tax?.

Answers

Answer: $172.8

That's correct :)

plz helpp ill love u forever

Answers

Answer:

The answer is A.

Explanation:

In each other presentation, choosing the “Reuse Slides” tool and then browsing to find the credits slide in the original presentation.

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the narrowest official definition of the money supply is

Answers

The narrowest definition of the money supply: The sum of currency in circulation, checking account deposits in banks, and holdings

What is the total payment required to pay off a promissory note issued for $400.00 at 6% ordinary interest and a 90-day term?​

Answers

The total payment required to pay off a promissory note issued for $400.00 is $406.

Using this formula

Total payment=Promissory note+(Promissory note× Ordinary interest× 90 day term/360)

Where:

Promissory note=$400

Ordinary interest=6%

Let plug in the formula

Total payment= $400 + ($400 × 6% × 90 days ÷ 360 days)

Total payment= $400 + $6

Total payment= $406

Inconclusion the total payment required to pay off a promissory note issued for $400.00 is $406.

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Jim inherited a property that has not been maintained in years, the property needs new appliances, a roof, new siding, new electrical and plumbing. The cost of the updating far exceeds the value of homes in the area. The lack of feasibility in doing these repairs is called:

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The lack of feasibility in doing repairs on the property inherited by Jim is called: incurable.

Incurable can be defined as any set of defects that is practically impossible for a property owner to fix, repair or cure, especially due to lack of maintenance and finance.

This ultimately implies that, incurable is a term that is associated with depreciation and it arises when the cost of repair of a property is far greater than the financial value of the property.

In conclusion, the lack of feasibility in doing repairs on the property inherited by Jim is called incurable.

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which statement best explains why money was invented?

Answers

Money was invented to facilitate the exchange of goods and services.

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Jim has an annual salary of $96,000. His monthly expenses include a $2,500 mortgage payment, a $250 lease payment, $500 in minimum credit card payments, and a $425 payment on his speed boat. He also receives $1,200 in interest from his savings and other accounts each month. Calculate Jim’s DTI (debt-to-income) ratio. A. 30% b. 35% c. 40% d. 45% Please select the best answer from the choices provided A B C D.

Answers

The debt to income ratio of Jim for the particular year is 40%.

How to compute the debt-to-income ratio?

Given,

Annual salary =$96,000

Interest received on saving account (monthly) =$1,200.

The interest received for the entire year will be:

[tex]\begin{aligned}\rm{Total\; Interest \;Income}&=\rm{Monthly\;Income}\times12\\&=\$1,200\times12\\&=\$14,400\end{aligned}[/tex]

Monthly expenses:

mortgage payment =$2,500; lease payment =$250; minimum credit card payment =$500; and speed boat =$425.

The yearly expenses will be:

[tex]\begin{aligned}\text{Total Expenses}&=\text{Sum of all Monthly Expenses}\times12\\&=(\$2,500+\$250+\$500+\$425)\times12\\&=\$3,675\times12\\&=\$44,100\end{aligned}[/tex]

Now, the debt to income ratio is computed as follows:

[tex]\begin{aligned}\text{Debt to Income Ratio}&=\dfrac{\text{Total Expenses}}{\text{Total Interest Income + Annual Salary}}\\&=\dfrac{\$44,100}{\$14,400+\$96,000}\\&=0.399\;\text{or}\; 40\%\end{aligned}[/tex]

Therefore, option c. 40% is correct.

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Vincent owns an apartment building containing 15 rental units. Vincent pays $22,690 in taxes and building upkeep every year, and charges rent of $833 per month. Assuming that all of the rental units are full, how much does Vincent make from his apartment building every year? a. $127,250 b. $149,940 c. $35,185 d. $102,260.

Answers

The total amount Vincent will make each year from the apartments will be $127,250.

Computation:

Given,

Number of rental units =15The total amount paid in the form of taxes and for upkeeping of the building is $22,690.Charges for the rent of each apartment for each month are $833.

First, total rental income from all the 15 apartments for the entire year is computed as follows:

[tex]\begin{aligned}\text{Income from Rental Apartments}&=\text{Rent per month}\times\text{Total Units}\times12\\&=\$833\times15\times12\\&=\$149,940\end{aligned}[/tex]

Now, the net income is computed based upon the total income and total expense:

[tex]\begin{aligned}\text{Net Income}&=\text{Income from Rental Apartments}-\text{Taxes and Building Upkeep}\\&=\$149,940-\$22,690\\&=\$127,250\end{aligned}[/tex]

Therefore, option a. $127,250 is correct for the net income of Vincent from the rental property after paying off the taxes and charges for upkeeping the building every year.

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Answer:A) $127,250

Explanation:edge

rent seeking is the lobbying for special treatment from the _____ to _____ or to divert consumer surplus or producer surplus away from others.

Answers

Answer: government; create economic profit

Explanation:

what would be the best organizational strategy to use for an essay instructing someone how to bake cupcakes

Answers

The best organizational strategy to use for an essay instructing someone how to bake cupcakes is chronological order.

Chronological order refers to be arrangements with respect to time from the earliest time to the latest time.

This means, the instructor will start giving instructions on how to bake cupcakes from measurements of flour, sugar, butter and other things to mixing the ingredients.

Thereafter, the instructor writes on the oven temperature to bake the cake until when the cake is fully baked.

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Based on business management, Chronological order would be the best organizational strategy to use for an essay instructing someone how to bake cupcakes.

This is because a Chronological order as an organization strategy would explain how a baker or business owner would get things done accordingly.

For instance, it should state the things to get ready such as utensils, ingredients, and other tools necessary.

It will then follow with how to prepare the cupcake, starting from the first thing to do till final action to make the cupcake tasty and yummy.

Hence, in this case, it is concluded that the correct answer is "Chronological Order."

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Describe Globalization in your own words

Answers

Answer:

Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. It can also mean the speedup of movements and exchanges all over the planet. It is important because it changes the way nations, businesses and people interact.

Hope that helped?

Explanation:

The barber of Town shaves all men living in the town. No man living in the town is allowed to shave himself. The barber lives in that town. Who then shaves the barber of the town?

Answers

Answer:

or another man cus u said no man can do it himself so that must mean every other man is a barber right???

Explanation:

What is a trend in business

Answers

A trend in buisness is to invest

The Johnsons are buying a house that costs $210,000 and can afford a 20% down payment. If the Johnsons want the lowest monthly payment, which loan option would you recommend? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 25% b. 30 year fixed, 20% down at a fixed rate of 6% c. 30 year fixed, 10% down at a fixed rate of 6% d. 15 year fixed, 20% down at a fixed rate 5. 5%.

Answers

If the Johnsons want the lowest monthly payment, the recommended loan option is Option b.

Data and Calculations:

Cost of house = $210,000

Down payment = 20% or $42,000 ($210,000 x 20%)

Loan = $168,000 ($210,000 - $42,000)

Monthly Payments:

Option a. 30 year FHA, 3. 5% down at a fixed rate of 6. 25%:

Cost of house = $210,000

Down payment = 3.5% or $7,350 ($210,000 x 3.5%)

Loan = $202,650 ($210,000 - $7,350)

Result:

Monthly Payment = $1,247.75

Sum of all periodic payments = $449,190.33

Total Interest = $246,540.33

Option b. 30 year fixed, 20% down at a fixed rate of 6%

Cost of house = $210,000

Down payment = 20% or $42,000 ($210,000 x 20%)

Loan = $168,000 ($210,000 - $42,000)

Result:

Monthly Payment = $1,007.24

Sum of all periodic payments = $362,608.16

Total Interest = $194,608.16

Option c. 30 year fixed, 10% down at a fixed rate of 6%

Cost of house = $210,000

Down payment = 10% or $21,000 ($210,000 x 10%)

Loan = $189,000 ($210,000 - $21,000)

Result:

Monthly Payment = $1,133.15

Sum of all periodic payments = $407,934.18

Total Interest $= 218,934.18

Option d. 15 year fixed, 20% down at a fixed rate 5. 5%

Cost of house = $210,000

Down payment = 20% or $42,000 ($210,000 x 20%)

Loan = $168,000 ($210,000 - $42,000)

Result:

Monthly Payment = $1,372.70

Sum of all periodic payments = $247,086.04

Total Interest = $79,086.04

Thus, if the Johnsons want the lowest monthly payment, the recommended loan option is Option b with a monthly payment of $1,007.24.

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Johnson's should opt for a loan with interest rate of 6.25% ; period of 30 years and a down payment of 20% of the loan amount. So, the correct option that matches the query is B.

The calculation of the interest can be done by using the simple interest. Under Simple interest method, the loan is calculated only on the principal amount and not on the interest.

Housing Loans

The calculation when the down payment of 20% is made upfront the calculation will be shown as $42000. So, the interest will be charged only on the remaining balance of $168,000.

The calculation can be shown as below,

[tex]\rm Amount= \dfrac{Principal\ x\ Rate\ of\ Interesr\ x\ Time}{100}\\ \\\\ \rm Amount= \dfrac{168000\ \rm x\ 6\ \rm x\ 360}{100}\\ \\ [/tex]

The interest to be paid each year will be calculated as under for a total number of 30 years.

[tex]\rm Interest\ per\ Year= \dfrac{36288}{30}[/tex]

So total interest to be paid each year will be $1209.6 which is lower than all the other options available in the hands of Johnson's.

Hence, the correct option is B that it would be beneficial for Johnson's to opt for 20% down payment at an interest rate of 6% and for a period of 30 years.

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Why is it important to review all pages of this document carefully? What should Anna do if she finds an error?

Answers

Hello, and it is important to check work for reasons. One is if there would be a grammatical error in the writing. If it is math, always check it over with a note pad so just in case is something was solved wrong. READING IS MOST IMPORTANT!
If you read one part wrong, you could fail the whole assessment or question if not read correctly.

If Anna find errors and can’t seem to solve them, she should ask for help. Even math you could use a calculator to check but not to solve the whole question.

Hope this helped



Reviewing all pages of a document carefully helps ensure accuracy, completeness, and professionalism. If Anna discovers an error, she should take appropriate steps to rectify it based on its significance and potential impact on the document's content and purpose.

Thoroughly reviewing all document pages ensures accurate, complete information to prevent misunderstandings, legal problems, or financial errors. It maintains coherence, logical flow, and consistency. Scrutinizing all pages detects formatting, layout, or typographical issues, upholding professionalism. In vital contexts like legal agreements or financial reports, neglecting errors can lead to significant consequences.

Upon finding an error, Anna's action depends on its significance. Minor issues like typos can be directly corrected. For substantial errors affecting meaning or legality, she should highlight and annotate the problem, documenting necessary corrections. Anna must inform relevant parties, consult supervisors or legal advisors if needed, and adhere to document review protocols. After corrections, a final review ensures accurate and error-free content.

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what is the most common goal of a trade agreement?

Answers

Answer:

For the United States, the main goal of trade agreements is to reduce barriers to U.S. exports, protect U.S. interests competing abroad, and enhance the rule of law in the FTA partner country or countries.

Name one advantage and one disadvantage to changing career paths.

Answers

Answer;

Advantage: Working in a new industry will give you the opportunity to get to know a whole different crowd of people and expand your career network.

Disadvantage: Because there are so many career opportunities available, you may be tempted to change job roles too frequently. This can have a negative effect in the long-term; as employers may worry that you won’t stay in any new role for very long.

The advantage of changing career is it may improve quality of life and increase the level of interest. The disadvantage of changing career path is It can be risky as it can be tempted to change in job roles.

What is Career?

Career refers to the variety of experiences that you have at the time of working. It includes education, training and work experiences.

There are several advantages as well as disadvantages of changing a career, the advantages are high level of interest, helps to develop new skill and improves the quality of living.

Demerits of changing career paths are very risky as it may led to unemployment, more flexibility required etc.

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Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of the following deductions from his gross pay: federal tax from the following table Social Security tax that is 6. 2% of his gross pay Medicare tax that is 1. 45% of his gross pay state tax that is 19% of his federal tax Determine how Luis’ net pay will be affected if he increases his federal withholding allowances from 2 to 3. A. His net pay will decrease by $19. 0. B. His net pay will increase by $19. 0. C. His net pay will decrease by $22. 61. D. His net pay will increase by $22. 61.

Answers

Based on the information given, it should be noted that the correct option will be D. His net pay will increase by $22.61.

What is a net pay?

A net pay simply means the take-home pay. It's the earning of an employee after the deductions are subtracted from the gross pay of the employee.

From the complete information, it can be deduced that Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Taking the fact that the security tax, Medicare tax, etc are taken into consideration and the federal withholding allowances increased from 2 to 3, the net pay will be $22.61.

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The net pay of Luis will increase by $22.61 due to the decrease in the federal withholding allowances from 2 to 3.

Computation of net pay based upon the different levels of federal withholdings

Given,

Gross pay =$770

2 Federal withholding allowances =$50(taken from the reference table)

3 Federal withholding allowances =$31(taken from the reference table)

Federal state tax rate =19%

First, the state tax rate and the total amount of withholding for 2 Federal withholding allowances are computed:

[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$50\times19\%\\&=\$9.50\end{aligned}[/tex]

[tex]\begin{aligned}\text{Total Amount of 2 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$50+\$9.50\\&=\$59.50\end{aligned}[/tex]

Now, the state tax rate and the total amount of withholding for 3 Federal withholding allowances are computed:

[tex]\begin{aligned}\text{State Tax}&=\text{Claim Amount}\times\text{Federal State Tax Rate}\\&=\$31\times19\%\\&=\$5.89\end{aligned}[/tex]

[tex]\begin{aligned}\text{Total Amount of 3 withholdings}&=\text{Claim Amount}+\text{State Tax}\\&=\$31+\$5.89\\&=\$36.89\end{aligned}[/tex]

The difference in the net pay will be the difference between $59.50 and $36.89, which is $22.61.

Therefore, Luis withholding will decrease from $59.50 to $36.89 that is increasing the net pay by $22.61

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Elizabeth and Niko are very organized and do an excellent job organizing their personal financial records. How will this BEST help them when they file their taxes?

A. If they have organized records, they won’t likely have to file taxes.

B. This can help them maximize their deductions.

C. Their tax return will definitely not be audited.

D. They are guaranteed to get a tax refund instead of owing taxes.

Answers

Answer:

b

Explanation:

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Which financial tool is most important when planning for your future financial goals? Enrolling in a high interest savings account Creating a budget Mortgaging a house Taking on extra debt.

Answers

The financial tool that is vital when planning for your future financial goals is creating a budget.

A budget simply means an estimate of the income and the expenditure of an economic entity for a particular period of time.

It should be noted that a budget is vital for an individual to plan his or her expenses. For example, if one wants to buy a car in the future, the person can make a budget for it.

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Answer:

Creating a budget

Explanation:

According to the demand-pull theory, inflation is caused by:

Answers

Answer:

Understanding Demand-Pull Inflation

Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand. When the aggregate demand in an economy strongly outweighs the aggregate supply, prices go up. This is the most common cause of inflation.

Explanation:

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Price floors usually result in ___________________.

Answers

The result of the price floor is that the quantity supplied, Qs, exceeds the quantity demanded, Qd. There is excess supply, also called a surplus
That’s what I found

Under riparian rights, if flowing water is shallow, a property owner usually owns to A) the center of the water. B) the average high-water mark. C) the next county. D) the edge of the water.

Answers

There are different kinds of rights. Under riparian rights, if flowing water is shallow, a property owner usually owns to  center of the water.

Riparian rights are regarded as the legal rights of owners of land that is known to be bordering on a river or other waterbodies.

A "riparian owner" is simply known as an individual  who possess a land that runs into a river. Riparian rights are simply not known as ownership rights but simply as the rights of access to the water for drinking water, bathing, etc.

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When Frozen DeLites Ice Cream moved from its longtime storefront to a famous resort area, it took a big risk. However, the owners were confident that its unique ice cream treats would win customer raves. Fortunately, one of the members of the family business was convinced the shop needed to stay in touch with its customers. Frozen DeLites collects names and email addresses of its customers and maintains a presence on a few social media sites in order to send messages about promotions and coupons to valued customers.

Marketing professionals refer to this strategy as: _________

Answers

Marketers professionals refer to the strategy of collecting customer names and email addresses and maintaining a presence on social media sites to send messages about promotions and coupons to valued customers like relationship marketing.

This strategy of creating relationships with customers has as its main objective the generation of value and customer loyalty through a closer and more direct relationship.

Relationship marketing is a strategy that has had a greater impact with technological development, social media for example, has strengthened communication between company and customer, making the relationship closer and more dynamic.

Therefore, companies that use relationship marketing create value through content that generates benefits and customer engagement with the company, increasing loyalty and positioning in the market.

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Prime cost is directly related to production. So, per unit prime cost can be calculated easily. While on the other hand, overhead does not have direct relationship with production. So, to calculate per unit cost, overhead is classified according to functions.” Explain this statement and also summarize all the overheads according to their functional classification.

Answers

Basically, a firm's prime cost equals the total direct costs of production which includes the cost of raw materials and labor.

The prime cost equation is {Cost of raw materials + Direct labor}

The overhead cost refers to those cost incurred while running a firm but can not be linked to creation of a product or service.

Overhead expenses is the cost remaining after deduction of direct labor, direct materials and direct expenses.

In conclusion, the prime cost and overhead cost are both significant in production of finished goods.

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what could you do to avoid a miscommunication with a friend

Answers

be very clear & make sure you get your point through honestly

how is the domain rank different from other ranks?

Answers

Because it was created recently.

In relation to ranks, the word "domain rank" is not well-known or standardized. You can be referring to a particular idea or measure regarding Website positioning or search engine optimization (SEO).

One search engine optimization (SEO) idea developed to gauge the effectiveness of a particular campaign is website authority or domain rank. Domain rating is a ranking indicator developed by Ahhrefs and used to show how strong a website's backlink profile is in comparison to other websites in their database.

Developed by Moz, the Domain Authority (DA) score for search engine rankings indicates how likely it is for a website to appear in search engine result pages (SERPs).

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Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts. These transactions are summarized as follows.

Year 1:

Sold $1,346,200 of merchandise (that had cost $976,400) on credit, terms n/30.
Wrote off $20,700 of uncollectible accounts receivable.Received $670,500 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.

Year 2:

Sold $1,599,900 of merchandise (that had cost $1,304,800) on credit, terms n/30.
Wrote off $28,300 of uncollectible accounts receivable.
Received $1,219,300 cash in payment of accounts receivable.
In adjusting the accounts on December 31, the company estimated that 2.00% of accounts receivable would be uncollectible.

Required:
Prepare journal entries to record Liang’s Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense.

Answers

Answer:

General Journal

Debit

Credit

a(1)

Accounts receivable

$1,349,100

Sales

$1,349,100

a(2)

Cost of goods sold

$977,100

Merchandise inventory

$977,100

b

Allowance for doubtful accounts

$18,100

Accounts Receivable

$18,100

c

Cash

$669,200

Accounts Receivable

$669,200

d

Bad Debt

Expense

[Refer working note 1]

$35,307

Allowance for doubtful accounts

$35,307

e(1)

Accounts receivable

$1,514,600

Sales

$1,514,600

e(2)

Cost of goods sold

$1,299,000

Merchandise inventory

$1,299,000

f

Allowance for doubtful accounts

$26,700

Accounts Receivable

$26,700

g

Cash

$1,110,700

Accounts Receivable

$1,110,700

h

Bad Debt

Expense

[Refer working note 2]

$36,507

Allowance for doubtful accounts

$36,507

.

.

Working note 1 - Computation of bad debt expense for the

year 1

Accounts receivables beginning balance

$0

Add: Credit sales

$1,349,100

Less: Collections

($669,200)

Less: Write-off's

($18,100)

Accounts receivables ending

balance

(a)

Which command is used to draw visible line form invisible line mode *
in microsoft window logo
PD
PU
PE
None of these

Answers

In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.

Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.

Some of the commands that are used on Microsoft window logo include the following:

FORWARD (fd)BACK (bk)HOMERIGHT (rt)Pendup (PU)Pendown (PD)

In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.

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