What term is used to refer to the USPAP Guidance and Reference Manual?

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The term used to refer to the USPAP Guidance and Reference Manual is "Reference Manual." This title is appropriate as it signifies a comprehensive resource that consolidates guidance and interpretations regarding the Uniform Standards of Professional Appraisal Practice (USPAP). The Reference Manual serves as an important tool for state-licensed or certified appraisers, providing insights into how to apply USPAP in various contexts.

Utilizing the Reference Manual helps appraisers understand best practices and clarifications about specific provisions within USPAP, thereby enhancing their adherence to ethical standards and operational protocols. This term encapsulates the primary purpose of the manual as a source of reference for professionals in the appraisal community seeking guidance on compliance and application of USPAP standards.

The other options, while related to USPAP, indicate different aspects or documents. For example, "Advisory Opinions" are specific interpretations or examples issued by the Appraisal Standards Board regarding particular issues related to the application of USPAP but do not encapsulate the entire guidance and reference purpose of the manual. "2024 USPAP" refers to the specific year's version of the standards document, while "Standards Overview" usually refers to a summary or outline of the standards rather than the comprehensive guidance contained in the Reference Manual.

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