RPA Level 3 Review Exam Questions With
Correct Answers
The |appraisal |phase |includes |which |function? |- |CORRECT |ANSWER✔✔-Administration |of |
exemptions
The |process |of |recording |property |characteristics |in |the |appraisal |district |is |called |- |CORRECT |
ANSWER✔✔-Listing
The |10% |cap |on |appraisal |increases |applies |to |- |CORRECT |ANSWER✔✔-All |residence |
homesteads
Which |of |the |following |best |describes |taxable |value? |- |CORRECT |ANSWER✔✔-Appraised |value
|less |the |total |amount |of |exemptions |that |apply
Which |of |the |following |is |not |exempt |under |state |law? |- |CORRECT |ANSWER✔✔-A. |Solar |and |
wind-powered |energy |devices.
B. |Implements |of |husbandry
C. |Farm |products |in |the |hands |of |the |producer.
D. |Electric |generation |equipment. |
Answer |is |D
The |phase |in |which |the |governing |bod |sets |the |tax |rate |is |- |CORRECT |ANSWER✔✔-Assessment
Correct Answers
The |appraisal |phase |includes |which |function? |- |CORRECT |ANSWER✔✔-Administration |of |
exemptions
The |process |of |recording |property |characteristics |in |the |appraisal |district |is |called |- |CORRECT |
ANSWER✔✔-Listing
The |10% |cap |on |appraisal |increases |applies |to |- |CORRECT |ANSWER✔✔-All |residence |
homesteads
Which |of |the |following |best |describes |taxable |value? |- |CORRECT |ANSWER✔✔-Appraised |value
|less |the |total |amount |of |exemptions |that |apply
Which |of |the |following |is |not |exempt |under |state |law? |- |CORRECT |ANSWER✔✔-A. |Solar |and |
wind-powered |energy |devices.
B. |Implements |of |husbandry
C. |Farm |products |in |the |hands |of |the |producer.
D. |Electric |generation |equipment. |
Answer |is |D
The |phase |in |which |the |governing |bod |sets |the |tax |rate |is |- |CORRECT |ANSWER✔✔-Assessment
