Which of the following statements regarding rural land appraisers making adjustments for varying land sizes between the subject and comparable sales is FALSE? (1) Small parcels tend to have a higher value per acre than larger properties. (2) Using a standard value per acre unit of comparison for appraising acreages means you need no size adjustment, in that scale economies are already accounted for. (3) A table of land size adjustment factors may assist the appraiser in making size adjustments. (4) All else equal, when working with dissimilar sized rural properties, the appraiser must consider if a size adjustment is warranted.

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