Testing Requirements for "The
Complete Online Course in Personal Property Appraising"
Lesson
Quizzes
"Open-book" Lesson quizzes will
be administered periodically throughout the course to help us ensure
that you are comprehending the material
as you
proceed. You are allowed an unlimited number of attempts at the Lesson
quizzes, so, if you miss a question, you will have an opportunity to
try again. You can also return to the Quizzes at a later time for review
prior to taking the two course exams. Be sure to read "Guide to taking
lesson quizzes" which you will find in Lesson 1.
Course Examinations
After completing Lesson 5 you will make arrangements to have the first
exam (100 T/F and multiple-choice questions) emailed (in .pdf format) to and proctored
by your chosen proctor. There will also be a second exam at
the end of the course covering material from Lessons 6 through 11. (Neither
Lesson 12 nor Lesson 13 are testable.) The proctor is to return the exam to Appraisal Course Associates by regular mail for grading.
Proctors can be public, private or military librarians; counselors
at independent learning centers such as Sylvan Learning; public or private high
schools counselors; counselors at military base testing centers;
and counselors
in public
or private secondary and post-secondary educational institutions, colleges
and universities.
The administration fee for each exam is $75.
See Exam Instruction and Registration Form.
What do the Two Locally-Proctored Exams Cover?
First Exam: The first exam covers material from Lessons 1 through Lesson 5, including
the topics addressed in each of these Lesson quizzes. If you understand
the Lesson quiz questions, you should do well on
the First Exam.
Second Exam: The second exam covers material from Lessons 6, 8, 9, 10 and 11 including the
topics addressed in each of their respective Lesson quizzes.
- Lesson
7: Lesson 7 is a very comprehensive discussion of USPAP including
several reading assignments from USPAP. The second exam does not cover
material from the Lesson 7 reading assignments.
However,
the
second
exam does cover:
-
USPAP
issues discussed throughout this course outside of Lesson 7 (but
excluding the readings taken directly from the USPAP manual).
- Content of the Task Review Questions which follow each Task in Lesson 7. These
questions address important USPAP issues with which you should
be familiar.
- Lesson 12 & 13: The second
exam does not cover material included in Lesson 12 The Professional
Appraisal Practice.
Lesson 12 addresses many topics that cover personal business
decisions made by the individual appraiser. Because Lesson
12 covers topics
that are
so flexible in everyday application, its material is not
included within the second exam. Nor does the second exam include
material covered in Lesson 13 Legal Issues of Interest to the Appraiser. It is the intent of Lesson 13 to merely provide a brief introduction
to important legal issues with
which the appraisers should be aware and
conversant.
Final Project
Upon successful completion of all Lessons and requisite course examinations,
the student is required to submit a sample self-contained appraisal
report for review.
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