Iaao 101 quiz - Study guides, Class notes & Summaries

IAAO 101 Quizzes – Questions With Solutions

IAAO 101 QUIZ WITH COMPLETE SOLUTION 2023/2024

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 The property tax is a/an _____________________ tax, meaning it is based on value. - ️️Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - ️️0.1330 Actual value = $175,000; assessment level = 20 p...

IAAO 101 Quiz/137 Questions and Answers/100% Verified

THE BASIC RESPONSIBLITIES OF THE ASSESSOR ARE TO ________________________________ALL TAXABLE PROPERTY - answer-LIST VALUE DISCOVER ONE OF THE STEPS AN ASSESSOR MUST TAKE IN THE DISCOVERY OF PROPERTY IS - answer-PERIODIC ON-SITE INSPECTIONS A PROPERTY TAX IS A/AN ____________________________TAX, MEANING IT IS BASED ON VALUE - answer-AD VALOREM ASSUME THE FOLLOWING CHARACTERISTICS FOR A SINGLE FAMILY RESIDENCE: ACTUAL VALUE = $175,000 ASSESSMENT LEVEL = 20% TAX RAT...

The basic responsibilities of the assessor are to ___________________ all taxable property - Answer- Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - Answer- Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - Answer- Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - Answer- 0.1330 Actual value = $175,000; assessment leve...

IAAO 101 QUIZ/35 ANSWERED QUESTIONS 100% VERIFIED ACCURATE

The basic responsibilities of the assessor are to ___________________ all taxable property - CORRECT ANSWER Discover, List, and Value One of the steps an assessor must take in the discovery of property is to - CORRECT ANSWER Conduct periodic on-site inspections of properties The property tax is a/an _____________________ tax, meaning it is based on value. - CORRECT ANSWER Ad Valorem If a tax rate is $13.30 per $100, the decimal equivalent would be - CORRECT ANSWER 0.1330 Actual value...

IAAO 101 Quiz Questions and Answers (2024 / 2025) (Verified Answers)

IAAO 101 QUIZ |latest updated ,100% correct answers THE BASIC RESPONSIBLITIES OF THE ASSESSOR ARE TO ________________________________ALL TAXABLE PROPERTY LIST VALUE DISCOVER ONE OF THE STEPS AN ASSESSOR MUST TAKE IN THE DISCOVERY OF PROPERTY IS PERIODIC ON-SITE INSPECTIONS A PROPERTY TAX IS A/AN ____________________________TAX, MEANING IT IS BASED ON VALUE AD VALOREM ASSUME THE FOLLOWING CHARACTERISTICS FOR A SINGLE FAMILY RESIDENCE: ACTUAL VALUE = $175,000 ASSESSMEN...