Straight-Ranking and Forced Distribution Are Two Types Of

question 38

Multiple Choice

Straight-ranking and forced distribution are two types of:

• A) norm-referenced appraisals
• B) out-based formats for appraisals
• C) absolute standard formats used for appraisals
• D) input-based rating formats
• E) subordinate-determined appraisals

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Definitions:

Securitization Entities

Specialized entities created to pool various financial assets and sell them as securities to investors.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and stockholders' equity at a specific point in time.

U.S. GAAP

United States Generally Accepted Accounting Principles; the framework of accounting standards, rules, and procedures defined by the professional accounting industry in the United States.

Sales Revenue Approach

A method of recognizing revenue based on the sales transactions processed by a company.