Iaao 400 exam - Study guides, Class notes & Summaries

Primary Assessment Responsibilities Correct Answer discovery, listing, and valuing properties in accordance with property tax laws and regulations. Attributes of an Effective Assessment System Correct Answer Legal framework, periodic ratio studies, adequate budget, a competent staff and an effective training program, effective internal controls, organizational plan, standards of practice, monitoring activities, security procedures, complete maps and property data, accurate market data, inform...

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Monitoring activities (Quality assurance) Correct Answer 1. Reviews of progress and performance contribute to effective and efficient operations 2. Procedures in place for monitoring the quality of assessment, editing data, reviewing appraisals, and reporting time and productivity Management from the past Correct Answer One of the first management theories was the classical theory of management. This ws promarily an authoritarian approach, with "top-down" decision making Correct Answer...

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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 ____________ properties, in accordance with property tax laws and regulations. Appraisal accuracy, Work is finished on time, Staff and resources are used wisely. - answerStandards of practice are necessary...

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IAAO 400 Exam Questions With Verified Answers. A property assessment system organizes resources to carry out the primary assessment responsibilities of , , and properties, in accordance with property tax laws and regulations. - answerDiscovery, Listing, and Valuing Name the 14 Attributes of an Effective Assessment System - answerLegal, Ratio Studies, Adequate Budget, Competent Staff/Effective Training Program, Effective Internal Controls, Organizational Plan, Standards of Practice, Monito...

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