What must a report contain to satisfy USPAP regarding the scope of work?

To satisfy USPAP regarding the scope of work, a report must include sufficient information for intended users to understand the scope of work. This requirement ensures transparency in the appraisal process and helps stakeholders grasp the extent and limitations of the appraiser's analysis.

By providing this information, the appraiser clarifies what was done in the appraisal process, which methodologies were chosen, and why certain decisions were made, allowing users to evaluate the appropriateness and reliability of the appraisal results based on the provided scope. This clarity is crucial because it enables intended users to assess whether the appraisal meets their needs and expectations. Essentially, this requirement is designed to foster confidence in the appraiser's work and the resulting report.

While the other options relate to important aspects of the appraisal process, they do not fulfill the fundamental requirement set by USPAP regarding the scope of work. For instance, detailing all methodologies or statistical data, while useful, does not inherently clarify the extent of the work done. Similarly, a summary of the appraiser's credentials, although important for establishing expertise, does not communicate the specific scope of the appraisal undertaken.