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Exam (elaborations)

IAAO 400 Exam Questions With Verified Answers.

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IAAO 400 Exam Questions With Verified Answers. The Assessment Function - answerTo Discover, To List, To Value Discovery, Listing, and Valuing - answerA property assessment system organizes resources to carryout the primary assessment responsibilities of _____________, _____________, and _______...

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  • November 9, 2024
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  • 2024/2025
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  • Questions & answers
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©THEBRIGHT EXAM SOLUTIONS

11/06/2024 7:22 PM


IAAO 400 Exam Questions With Verified
Answers.


The Assessment Function - answer✔To Discover, To List, To Value

Discovery, Listing, and Valuing - answer✔A property assessment system organizes resources to carryout
the primary assessment responsibilities of _____________, _____________, and ____________
properties, in accordance with property tax laws and regulations.

Appraisal accuracy, Work is finished on time, Staff and resources are used wisely. - answer✔Standards
of practice are necessary to ensure...

Quality Control - answer✔Ratio studies are often used for oversight purposes. However, they can also
be used for internal _______________ in an effective assessment system.

Annual - answer✔The legal framework in an effective assessment system requires _____________
reappraisals.

Manager - answer✔The assessor's role or responsibility in the property assessment system is that of a
__________________.

Leadership - answer✔The process of influencing individuals and groups to set and achieve goals in the
definition of __________________.

Human, Financial, Material, Information - answer✔The four resources the management must have in
order to achieve the goals of the organization?

Planning, Organizing, Directing, Controlling - answer✔List the four basic managerial functions:

Planning - answer✔Which of the four basic managerial functions provides the basis for the other
managerial functions?

Technical, Human, Conceptual - answer✔List the three necessary management skills:

Scalar Principle - answer✔Which classical principle establishes the hierarchical structure of the
organization, commonly called the "chain of command"?

System School - answer✔The ________________ of management is comprised of subunits that are
dependent on each other to accomplish all of the required tasks of the organization.

, ©THEBRIGHT EXAM SOLUTIONS

11/06/2024 7:22 PM

Planning - answer✔The process of determining how an organization can accomplish its objectives.

Monitoring Activities - answer✔Reviews of progess and performance contribute to effective and
efficient operations. Procedures in place for monitoring the quality of assessments, editing data,
reviewing appraisals, and reporting time and productivity.

Compensation - answer✔Employee ________________________ should be competitive with market if
budget permits and equitable among classes of positions.

Current - answer✔One of the first things that must be done in the planning process is to determine the
____________________ status of the organization.

Skill Based - answer✔A system in which pay increases are linked to the number or depth of skills an
employee acquires is known as ______________ pay.

Budget - answer✔The resources required for the organization's operational plans in monetary terms iis
the ________________.

Job sharing - answer✔Allowing two people to spit a single jon is known as _____________________.
Each personworks part-time.

Planning - answer✔A process of determining how an organization accomplishes its goals and objectives
is ___________________.

Flexible Hours - answer✔Allowing employees to determine how they will fulfill their time commitment
to the jurisdiction os known as _______________________.

Objectives - answer✔Measurable specifics that must be accomplished in total, or in some combination,
to achieve the goals in the plan are _________________.

Flexible Days - answer✔The employee works extra hours each day in order to have extra days off. The
9/80 and 4/10 are the most common. This is called _________________.

Allocate resources efficiently, Consider the future, Provide the foundation for other management
functions. - answer✔The purpose of planning is to:

Tele-Commuting - answer✔A scheduling technique that allows works to work at home while
communicating via telephone, computer and fax machine is called _______________________.

Mission Statement - answer✔A well thought out _______________ _____________________ is focused
on the reasons for the organization's existence. It should be clear, concise, and realistic.

Operational - answer✔Short-range plans (usually one year or less) are also referred to as
___________________________ plans.

Gantt - answer✔Charts that show jobs to be done on the vertical axis and time allocations on the
horizontal axis are known as _______________ charts.

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