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IAAO Bundled Exams Questions and Answers (2022/2023) (Already Graded A)
IAAO Bundled Exams Questions and Answers (2022/2023) (Already Graded A)
[Show more]IAAO Bundled Exams Questions and Answers (2022/2023) (Already Graded A)
[Show more]IAAO 101 – Questions and Answers with Verified Solutions The basic responsibilities of the assessor are to _________ all taxable property. 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: conduct periodic on-site inspecti...
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Add to cartIAAO 101 – Questions and Answers with Verified Solutions The basic responsibilities of the assessor are to _________ all taxable property. 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: conduct periodic on-site inspecti...
IAAO 101 - Review Questions with Certified Solutions The property tax is an ____ __________ tax, meaning it is based on value. ad valorem 
The assessor is responsible for the _______, ________, and __________ of all taxable property. discovery listing valuation 
The taxable location of personal prop...
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Add to cartIAAO 101 - Review Questions with Certified Solutions The property tax is an ____ __________ tax, meaning it is based on value. ad valorem 
The assessor is responsible for the _______, ________, and __________ of all taxable property. discovery listing valuation 
The taxable location of personal prop...
IAAO 101 Questions and Answers 100% Pass ad valorem According to Value 
The basic responsibilities of an Appraiser to all taxable property. 1. Discovery 2. Listing 3. Valuation 
The taxable location of personal property is referred to as its' Situs 
The type of value usually estimated by an Apprais...
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Add to cartIAAO 101 Questions and Answers 100% Pass ad valorem According to Value 
The basic responsibilities of an Appraiser to all taxable property. 1. Discovery 2. Listing 3. Valuation 
The taxable location of personal property is referred to as its' Situs 
The type of value usually estimated by an Apprais...
IAAO 101 Questions and Answers with Verified Solutions 
The basic responsibilities of the assessor are to ___________________ all taxable property Discover, List, and Value 
One of the steps an assessor must take in the discovery of property is to Conduct periodic on-site inspections of properties 
...
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Add to cartIAAO 101 Questions and Answers with Verified Solutions 
The basic responsibilities of the assessor are to ___________________ all taxable property Discover, List, and Value 
One of the steps an assessor must take in the discovery of property is to Conduct periodic on-site inspections of properties 
...
1x sold
IAAO 102 Questions and Answers Already Graded A Anticipation Value is created by the expectation of benefits to be derived in the future 
Substitution 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 able substitute...
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Add to cartIAAO 102 Questions and Answers Already Graded A Anticipation Value is created by the expectation of benefits to be derived in the future 
Substitution 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 able substitute...
IAAO Course 300 Questions and Answers 100% Verified Scope of Work Rule 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 When it meets or exceeds: 1...
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Add to cartIAAO Course 300 Questions and Answers 100% Verified Scope of Work Rule 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 When it meets or exceeds: 1...
1x sold
IAAO Course 300 (2022/2023) Already Passed Mass appraisal Systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing. 
Purpose of mass appraisal Equitable and efficient appraisal of all property in a jurisdiction for ad valorem tax purposes....
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Add to cartIAAO Course 300 (2022/2023) Already Passed Mass appraisal Systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing. 
Purpose of mass appraisal Equitable and efficient appraisal of all property in a jurisdiction for ad valorem tax purposes....
IAAO 201 Questions and Answers with Verified Solutions Land An immovable and indestructible three-dimensional area consisting of a portion of the earth's surface, the space above and below the surface, and everything growing on or permanently affixed to it. 
Five Attributes of Land "PUFFS" Perman...
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Add to cartIAAO 201 Questions and Answers with Verified Solutions Land An immovable and indestructible three-dimensional area consisting of a portion of the earth's surface, the space above and below the surface, and everything growing on or permanently affixed to it. 
Five Attributes of Land "PUFFS" Perman...
IAAO Course 101 Review Questions with Verified Answers Tax Rate (def.) Percent of assessed value at which each property is taxed in a given district. 
Tax Rate (formula) Tax revenue (amount) / Assessed value 
Property Tax (formula) Subject assessed value / Tax rate 
Budget Revenue (formula) Total bu...
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Add to cartIAAO Course 101 Review Questions with Verified Answers Tax Rate (def.) Percent of assessed value at which each property is taxed in a given district. 
Tax Rate (formula) Tax revenue (amount) / Assessed value 
Property Tax (formula) Subject assessed value / Tax rate 
Budget Revenue (formula) Total bu...
IAAO 500 - Review Questions and Answers 100% Pass 
What are the five recognized appraisal designations offered by the IAAO that represent the highest level of achievement in the field? CAE AAS CMS PPS RES 
Short of a general revaluation of all property, ______________________________________________...
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Add to cartIAAO 500 - Review Questions and Answers 100% Pass 
What are the five recognized appraisal designations offered by the IAAO that represent the highest level of achievement in the field? CAE AAS CMS PPS RES 
Short of a general revaluation of all property, ______________________________________________...
IAAO COURSE 400 Questions and Answers with Verified Solutions PLANNING OF THE BASIC MANAGERIAL FUNCTIONS ___________REQUIRES THE IDENTIFICATION OF GOALS AND VARIOUS WAYS OF ACHIEVING THEM. IT ALSO PROVIDES THE BASIS FOR THE OTHER MANAGERIAL FUNCTIONS. 
THE ASSESSOR'S WEBSITE CAN BE USED TO -SHOW AP...
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Add to cartIAAO COURSE 400 Questions and Answers with Verified Solutions PLANNING OF THE BASIC MANAGERIAL FUNCTIONS ___________REQUIRES THE IDENTIFICATION OF GOALS AND VARIOUS WAYS OF ACHIEVING THEM. IT ALSO PROVIDES THE BASIS FOR THE OTHER MANAGERIAL FUNCTIONS. 
THE ASSESSOR'S WEBSITE CAN BE USED TO -SHOW AP...
IAAO 400 - Review Questions with Certified Solutions 
A property assessment system organizes resources to carry out the primary assessment responsibilities of _______, _________, and __________ properties, in accordance with property tax laws and regulations. discovery listing valuing 
Standards of ...
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Add to cartIAAO 400 - Review Questions with Certified Solutions 
A property assessment system organizes resources to carry out the primary assessment responsibilities of _______, _________, and __________ properties, in accordance with property tax laws and regulations. discovery listing valuing 
Standards of ...
IAAO Course 402: Chapters 1-7 Latest Update with Verified Solutions 
In the form of government known as _____________, power is divided between central and regional governments. Federalism 
______________ is the cultural concept related to legal relationships about things that can be possessed. Prop...
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Add to cartIAAO Course 402: Chapters 1-7 Latest Update with Verified Solutions 
In the form of government known as _____________, power is divided between central and regional governments. Federalism 
______________ is the cultural concept related to legal relationships about things that can be possessed. Prop...
IAAO 400 Questions and Answers with Verified Solutions Monitoring activities (Quality assurance) 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 ...
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Add to cartIAAO 400 Questions and Answers with Verified Solutions Monitoring activities (Quality assurance) 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 ...
2x sold
IAAO 311 Review Questions and Answers 100% Pass What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value 
What is the first step in the mass appraisal process? definition of the problem 
List the three types of data that must be collected in analyzing th...
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Add to cartIAAO 311 Review Questions and Answers 100% Pass What is a requirement of both single-property and mass appraisal? Uses three basic approaches to value 
What is the first step in the mass appraisal process? definition of the problem 
List the three types of data that must be collected in analyzing th...
4x sold
IAAO 300: Complete Course Review Questions and Answers 100% Pass What is the main difference between single property appraisal and mass appraisal? 1. Group vs Particular 2. Mass Appraisal emphasizes standardized and statistical quality control features 
In the Appraisal Process, "Define the valuati...
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Add to cartIAAO 300: Complete Course Review Questions and Answers 100% Pass What is the main difference between single property appraisal and mass appraisal? 1. Group vs Particular 2. Mass Appraisal emphasizes standardized and statistical quality control features 
In the Appraisal Process, "Define the valuati...
IAAO Workshop 852 AAS Case Study (2022/2023) Rated A+ Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds 
list, value, discover The basic responsibilities of the assessor for all taxable property. 
Conduct periodic on-site inspection of propertie...
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Add to cartIAAO Workshop 852 AAS Case Study (2022/2023) Rated A+ Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed funds 
list, value, discover The basic responsibilities of the assessor for all taxable property. 
Conduct periodic on-site inspection of propertie...
IAAO 102 Questions and Answers Graded A+ Surplus Produtivity Allows us to capitalize land income into an indication of value 
Return ON Overall Yield or Discount 
Return OF Wasting Asset or Recapture 
Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed ...
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Add to cartIAAO 102 Questions and Answers Graded A+ Surplus Produtivity Allows us to capitalize land income into an indication of value 
Return ON Overall Yield or Discount 
Return OF Wasting Asset or Recapture 
Leverage The borrowing of funds in hopes of earning a greater return than the cost of the borrowed ...
IAAO COURSE 102 Questions and Answers Already Graded A The Economic Principle of Anticipation states that value is created by the expectation of benefits to be derived in the future. 
Chattel A mortgage on personal property. 
Balloon payment A payment on the balance due of a note at the end of the l...
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Add to cartIAAO COURSE 102 Questions and Answers Already Graded A The Economic Principle of Anticipation states that value is created by the expectation of benefits to be derived in the future. 
Chattel A mortgage on personal property. 
Balloon payment A payment on the balance due of a note at the end of the l...
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