Of the following, which one is least important in making an appraisal on improved real property:
A: The highest and best use of the property;
B: The sales price;
C: The assessed property value;
D: The selling price of comparable properties.
Answer: C: The assessed property value;
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Which of the following statements best describes the primary purpose of Statements on Auditing Standards (SASs)?
a. They are guides intended to set forth auditing procedures applicable to a variety of situations b. They are procedural outlines intended to narrow the areas of inconsistency and divergence of auditor opinion c. They are authoritative statements, enforced through the Code of Professional Conduct, and are intended to limit the degree of auditor judgement d. They are generally accepted auditing standards
Branding is ________
A) all about creating unanimity between products B) the process of performing market research and selling products or services to customers C) endowing products and services with the power of a brand D) the process of comparing competing brands available in the market E) use of online interactive media to promote products and brands