NACVA CVA Exam - Topic 5 Question 30 Discussion

Actual exam question for NACVA's CVA exam

Question #: 30
Topic #: 5

Appraisers or real estate, equipment, or other physical property informally asserts that their appraisals are accurate to within ________________.

APlus 5 and minus 10 percent

BPlus or minus 10 percent

CMinus 10 percent

DPlus or minus 5 percent

Show Suggested Answer

Suggested Answer: B

by Hermila at May 05, 2022, 02:43 AM

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Josphine

6 months ago

I always heard it was plus 5 and minus 10 percent!

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Tony

6 months ago

Definitely plus or minus 10 percent, no doubt about it.

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Gerald

6 months ago

Wait, are appraisals really that accurate?

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Amie

6 months ago

I thought it was usually plus or minus 5 percent?

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Cathern

7 months ago

Plus or minus 10 percent is pretty standard.

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Edda

7 months ago

I definitely saw something about plus or minus 10 percent in my notes, so I’m leaning towards that option.

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Michel

7 months ago

I feel like it could be either 5 or 10 percent, but I can't recall which one is more common.

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Howard

7 months ago

I think appraisers usually say plus or minus 10 percent, but I'm not entirely sure.

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Samira

7 months ago

I remember practicing a question like this, and I think the answer was plus or minus 5 percent.

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Erick

7 months ago

Okay, I think I have a strategy here. I'll focus on options that promote fairness, transparency, and mutually beneficial relationships with suppliers.

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Lachelle

7 months ago

Hmm, I'm a bit unsure about this one. I need to make sure I understand the difference between the zonecfg and zoneadm commands before selecting an answer.

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