If a Statement on Appraisal Standards is labeled with "ALL," what does this indicate?

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When a Statement on Appraisal Standards is labeled with "ALL," it signifies that the Statement is applicable to all appraisal disciplines. This indicates its broad relevance across various types of appraisals, ensuring compliance with established standards irrespective of the specific appraisal context—whether it involves real estate, personal property, or other appraisal types. The use of "ALL" implies an overarching framework that guides appraisers in maintaining professionalism and uniformity in their work, promoting integrity and reliability in the appraisal process across the board. This universal applicability is crucial for fostering trust and ensuring quality standards in all areas of appraisal practice.

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