Iaao 101 – quizzes Study guides, Class notes & Summaries

IAAO 101 – Quizzes/50 Questions and Answers

The basic responsibilities of the assessor are to _________ all taxable property. correct answers 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: correct answers conduct periodic on-site inspections of properties The property tax is a/an _________________ tax, meaning it is based on value. correct answers ad valorem Assume the following characteristics for a single-family residence: Actual value=$175,000...

The basic responsibilities of the assessor are to _________ all taxable property. - Answer- 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: - Answer- conduct periodic on-site inspections of properties The 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...

IAAO 101 – Quizzes with Verified Answers 1. The basic responsibilities of the assessor are to all taxable property. 2. One of the steps an assessor must take in the discovery of property is to: 3. The property tax is a/an tax, mean- ing it is based on value. 4. Assume the following charac- teristics for a single-family resi- dence: Actual value=$175,000; assess- ment level=20 percent; tax rate=92.8 mills. Calculate the property tax for the residence. A. List B. Value C. Disc...

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 inspections of properties The property tax is a/an _________________ tax, meaning it is based on value. ad valorem

IAAO 101 – Quizzes with Correct Solutions 2024 The basic responsibilities of the assessor are to _________ all taxable property. - Answer -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: - Answer -conduct periodic onsite inspections of properties The property tax is a/an _________________ tax, meaning it is based on value. - Answer -ad valorem Assume the following characteristics for a single-family residence: ...

IAAO 101 – Quizzes Exam 2024The basic responsibilities of the assessor are to _________ all taxable property. - answer-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: - answer-conduct periodic on-site inspections of properties The property tax is a/an _________________ tax, meaning it is based on value. - answer-ad valorem Assume the following characteristics for a single-family residenc...

The basic responsibilities of the assessor are to _________ all taxable property. CORRECT ANSWER 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: 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 Assume the following characteristics for a single-family residence: Actual value=$175,000; a...

IAAO 101 – Quizzes Exam Questions With Complete Solutions The basic responsibilities of the assessor are to _________ all taxable property. - Correct Answer 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: - 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 Assume the following char...