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IAAO 400 Exam Review Questions With 100% Correct And Verified Answers
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IAAO 400 Exam Review Questions With 100% Correct And Verified Answers
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IAAO 400 Exam Review Questions With100% Correct And 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. - Correct Answer-
discovery
listing
valuing
Standards of practice are necessary to ensure: - Correct
Answer-Appraisal accuracy
Work is finished on time
Staff and resources are used wisely
All of the above
Ratio studies are often used for oversight purposes.
However, they can also be used for internal ________
_________ in an effective assessment system. - Correct
Answer-quality control
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, The legal framework in an effective assessment system
requires ___________ reappraisals. - Correct Answer-
annual
The assessor's role or responsibility in the property
assessment system is that of a _________. - Correct Answer-
manager
The process of influencing individuals and groups to set and
achieve goals is the definition of ____________. - Correct
Answer-leadership
What are the four resources that management must have in
order to achieve the goals of the organization? - Correct
Answer-Human
Financial
Material
Information
List the four basic managerial functions: - Correct Answer-
Planning
Organizing
Directing
Controlling
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