IAAO 101, 102, 400 Complete Bundled Exams and Verified Solutions 2024 | 2025

IAAO 101 2024 Exam Review with Correct Solutions Tax Rate (def.) - Answer -Percent of assessed value at which each property is taxed in a given district. Tax Rate (formula) - Answer -Tax revenue (amount) / Assessed value Property Tax (formula) - Answer -Subject assessed value / Tax rate Budget R...

IAAO 101 Exam Questions and Correct Answers 2024 Ownership of a property is the right to - Answer -Sell Lease or rent Use Give away Enter or leave Refuse to do any of the above Factors that influence DEMAND - Answer -Consumers taste and preference Consumer income Price of related commoditie...

IAAO 101 – Quizzes with Correct Solutions 2024 The basic responsibilities of the assessor are to _________ all taxable property. - Answer -A. List B. Value C. Discover D. All of the Above One of the steps an assessor must take in the discovery of property is to: - Answer -conduct periodic ons...

IAAO 400 2024 Quizzes with Correct Solutions Which of the following is an attribute of an effective assessment system? - Answer -An appropriate legal framework. A competent staff and an effective training program. Complete maps and property data All of the above The ______________________ prin...

IAAO 2024 Course 300 Exam with Correct Solutions Scope of Work Rule - Answer -1. Identify the problem to be solved 2. Determine and perform the scope of work necessary to develop credible assignment results 3. Disclose the scope of work in the report Scope of work acceptability - Answer -When it...

IAAO 102 Exam 2024 With Correct Solutions Anticipation - Answer -Value is created by the expectation of benefits to be derived in the future Substitution - Answer -the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire...