Iaao 101 quiz - Study guides, Class notes & Summaries

IAAO 101 Quiz with complete solutions- Latest 2023/2024 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 Assume the following characteristics for a single-family residence: Actual value...

IAAO 101 Quiz| questions with complete answers 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...

IAAO 101 Quiz Exam | Questions with 100% Correct Answers | Verified | Updated 2024

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,...

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...

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 - 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 ...

IAAO 101 Quiz with complete solution latest 2023/2023

IAAO 101 QUIZ – QUESTIONS AND ANSWERS