Shared Flashcard Set

Details

QE 14
General Report Writing
35
Business
Professional
10/24/2013

Additional Business Flashcards

 


 

Cards

Term
What is the purpose of and executive summary?
Definition
Limit the ammount of techinical details while conveying the most pertinent information about the report.
Term
What is the last step in the communication process before the reciever responds?
Definition
Reciever translates the the information conveyed.
Term
Invention
Definition
Process of discovery.
Term
What are reports based on original research?
Definition
emperical studies
Term
What is a key element in writing a summary a salient facts?
Definition
Avoid techinical detail
Term
What are the different report types? How are they different?
Definition

Self Contained- Describe

Summary- Summarize

Restricted Use- State (Includes statement warning the reader that only the intended user will comprehend the report)

Term
What is the benefit of an outline?
Definition
Keep thoughts in order and relevant to the topic.
Term
What are the four types of reports?
Definition
Formal, Research, Business, Science
Term
What is the application of relevant information to the Assignment in the critical thinking process?
Definition
Judgement
Term
What is the most important page in a report that makes the report official?
Definition
Certification
Term
Which standards under USPAP address reporting requirements?
Definition

Standards 3, 5, 6, 8, 10

 

 

pg. 3

Term
What is the last step in the appraisal process?
Definition

Reporting

 

pg 3

Term
The information that is required under the problem identification stage is known as ___________.
Definition

relevant characteristics

 

 

pg.5

Term
what must the appraiser identify in the first step of the appraisal process?
Definition
  1. client and other intended users
  2. intended use of the report and the appraiser's opinions and conclusions.
  3. type, definition, and source of value
  4. the effective date
  5. description and location of real estate
  6. property rights being valued
  7. relevant characteristics, along with limiting conditions or limitations of the appriasal. (scope of work)

 

pg 6.

Term
What begins with the engagement process and is confirmed once the property is inpsected, datat is collected and verified, and, in the case of real property appraisal assignment, highest and best use is completeda and the land value is conlcuded?
Definition

Scope of Work

 

pg 6

Term
Four steps in the Scope of Work process?
Definition

Determine

Confirm

Perform

Disclose

Term
What are the five steps to managing as assignment?
Definition
  1. Plan
  2. Organize
  3. Staff
  4. Direct
  5. Control

pg 7

Term
What are the four types of data?
Definition

Specific- relates directly to the subject

Primary- uncovered first hand

General- relates to the neighborhood or region

Secondary- seconcary source

Term
Where do most appraisers (regardless of experience level) fail to correctly employ due diligence?
Definition
Data Collection
Term
What is final step in the development process?
Definition
Reconciliation
Term
What determines the validity and credibility of the appraisal?
Definition

accuracy of the data

appropriateness of methods and techniques used

soundness of claims made and conclusions reached (supported by evidence uncovered and presented)

 

 

pg 9

Term
What is the process of determining and giving weight tot he most relevant information to support the conlcusions?
Definition
reconciliation
Term
Critical thought in its simplest form is ___
Definition
thinking critically
Term
_____ is the process of giving the most wieght to a particular approach over another based on which is most relevant to the problem in order to conclude a final valuation decision.
Definition
Final Reconciliation
Term
What are facts?
Definition
Data that has been verified
Term
What are conclusions?
Definition
supportable decisions or claims
Term
A good management function also includes a(n) _____ mechanism for oversight and for periodically calibrating the manner in which assignments are completed.
Definition
feedback
Term
The information that is required in teh problem identification stage.
Definition
Relevant Characteristics.
Term
Justification for a claim
Definition
Reason
Term
Argumentation
Definition
study of effective reasoning.
Term
Audience's acceptance or adherance to the claim based upon the reasons given to justify the claim.
Definition
Assent
Term
Rhetoric
Definition
Study of how messages influence people which focuses on the development and communication of knowledge between the speaker and the audience.
Term
Father of Debate
Definition
Protagoras
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