Question

The Uniform Standards of Professional Appraisal Practice was adopted by the:

A. Appraisal Standards Board
B. Appraisal Qualifications Board
C. Appraisal Practices Board
D. Federal Reserve Board

Answer 1

The Uniform Standards of Professional Appraisal Practice was adopted by the Appraisal Standards Board, which is a part of the Federal Reserve Board.

Step-by-step explanation:

The Uniform Standards of Professional Appraisal Practice was adopted by the Appraisal Standards Board, which is a part of the Federal Reserve Board. The Appraisal Standards Board is responsible for developing standards for professional appraisers and ensuring that they follow ethical and professional guidelines in their work.