Question 1 of 80

An appraisal is defined as which of the following?

A. A conclusion of value
B. An estimate of value
C. A decision of value
D. A determination of value



Answer :

Final answer:

An appraisal is a conclusion of value involving judging the value of something based on a set of criteria.


Explanation:

An appraisal is defined as a conclusion of value. It involves judging the value of something based on a set of criteria and determining its worth. In the context of risk assessment, appraisals often involve value judgments that can be epistemic or non-epistemic.


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