12-12.An Appraiser Will Not Generally Deal With

question 39

Multiple Choice

12-12.An appraiser will not generally deal with:

• A) property location
• B) physical characteristics of the [property]
• C) borrower income
• D) past selling prices of the property

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Definitions:

Critical Decisions

Decisions of significant importance that often influence the direction or success of a particular strategy or organization.

Operations Management

The domain of management tasked with the development and management of production processes and revamping operational methods in the manufacturing of goods or services.

Shewhart

Walter A. Shewhart, an American engineer and statistician recognized as the father of statistical quality control.

Scientific Management Era

describes a period in the early 20th century focusing on improving economic efficiency, especially labor productivity, through systematic scientific studies of work methods.