14 - Reconciliation Flashcards
1
Q
___________ is a phase of a valuation assignment in which two or more value indications are processed into a value opinion, which may be a range of value, a single point estimate, or a reference to a benchmark value
A
Reconciliation
14-299
2
Q
What are the two key words when talking about data in reconciliation?
A
Quantity and quality
14-300
3
Q
In reconciliation the ______ quality data should most emphasized, and weaker data should be de-emphasized
A
Best
14-300
4
Q
_________ adjustments disregard the sign,
______ adjustments consider the signs
A
Gross
Net
14-311
