21. The total amount of revenue a property is capable of producing at full capacity is called:

a. potential gross income (PGI).

b. effective gross income (EGI).

c. saturated cash income (SCI).

d. none of the above (NOA).

22. The amount of income available to the owner after the mortgage lender has been paid its portion of the net operating income is called:

a. pre-tax cash flow.

b. equity dividend.

c. gravy.

d. both a and b.

23. USPAP stands for:

a. United States Property Appraisal Professionals.

b. Uniform Standards of Professional Appraisal Practice.

c. Uniform Standards of Pre-Approved Principles.

d. none of the above.

24. The education, testing, and experience requirements for appraisers is the concern of the:

a. Certification Requirements Board (CRB).

b. Brotherhood of United Appraisers (BUA).

c. Appraiser Qualifications Board (AQB).

d. none of the above.

25. The Appraisal Standards Board (ASB) develops, interprets, and amends:

a. the Uniform Standards of Professional Appraisal Practice.

b. the constitution of the United States.

c. charters for depository institutions.

d. all of the above.