Which of the following statements about oral reports is accurate?

The statement that all oral reports must be documented in detail is accurate because, under the Uniform Standards of Professional Appraisal Practice (USPAP), any type of appraisal report, including oral reports, must be adequately documented to ensure transparency and accountability. While oral reports may not always require the same level of detail as a written report, the essence is that the conclusions and analyses presented orally should still be supported by appropriate documentation. This ensures that appraisers maintain a professional standard and that their findings can be substantiated if necessary. Proper documentation also serves to protect the appraiser against potential disputes over the content of the report. This emphasis on documentation aligns with USPAP's overarching goals of professionalism and ethical conduct in the appraisal profession.