Estimating the sum - Study guides, Class notes & Summaries

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. When did first generation computers emerge? The 1950s Mass appraisal models may be: Physical, conceptual or mathematical. Property valuation models seek to explain or predict what? The market valu...

XACTIMATE LEVEL 2 CERTIFICATION EXAM ACTUAL EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS / ALREADY GRADED A+ __________ are those additional activities, such as labor or material assumption, which may be required to complete a task. - CORRECT ANSWER--Supporting Events After clicking to place the first step when using the staircase tool, what does the red measurement indicate? - CORRECT ANSWER--The total rise of the staircase. After selecting more than ____ images per page to p...

Test Bank for Intermediate Accounting, Volume 1, Vol 1, 13th Canadian Edition 13ce by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy. ISBN-13: 978-1-119-74045-2 Full Chapters test bank included for Volume 1 13ce 1 The Canadian Financial Reporting Environment 1-1 Capitalizing on Financial Reporting 1-1 Preview of Chapter 1 1-3 1.1 Financial Statements and Financial Reporting 1-3 Accounting and Capital Allocation 1-4 Stakeholders...

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 the market. General data Specific data Comparative data Identifying supply and demand factors that best explain values in a specific market, and expressing them in an equation is called _______________...

If the site represents 40% of the total value in a particular neighborhood, how much land value would be allocated from a $200,000 sale of a single family home? - $80,000 In the subject property's neighborhood, improved properties are selling for prices in a range of $140,000 to $160,000. Research reveals a typical land value-to-total property value ratio of 20%. What is the range of value for a similar site in this neighborhood? - • $28,000 to $32,000 Land can be valued by - Sales comp...

WGU C722 FINAL EXAM!! Q&A – PROJECT MANAGEMENT (Guaranteed Score A+) Three essential drivers that must be achieved to generate positive characteristics in project teams *** Cohesiveness, Trust, Motivation The five stages Dr. Bruce Tuckman (1965) introduced of group development *** Forming, Storming, Norming, Performing, Adjorning Forming *** In this stage, team members may be meeting for the first time. Often, no one really knows much about anyone else on the team. It may be prematur...

Miller Act 1935 - Federal Government passed bond requiring payment and performance bonds on all public works, what year? Brooks Bill 1972 - Bill directing A/E's selected on qualifications, what year? Clinger Cohen Act/Defense Procurement Reform Act 1996 - Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. Standard of Care - The level of quality that any average Design Professional would be able to perform given the ...

Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) pg. 2 professoraxe l A. Accrual B. Ap...

NASCLA Contractor's Guide To Business, Law, And Project Management, Florida 1st Edition Test Questions And Answers | Latest Update 2024/2025 (GRADED) Which of the following bonds guarantees that the contractor has paid the subcontractor? A. Bid bond B. Performance bond C. Payment bond D. James bond - Correct Answer-Payment Bond 2. The _____________ method recognizes income when the employer has done the work, yet has not received the income. NASCLA Contractor's Guide To Business, Law,...

Cooperative Contracting model that is characterized by collaboration and aligning values, goals and objectives amongst owner, architect and contractor. Shares Risk among all participants. - ️️Alliance Contract A breach of contract remedy used when the subject is very unique and the party must perform contract obligations under the contract. Example: Steel made specifically for one job site. - ️️Specific Performance Maintains control of budget and design process between major estima...