IAAO 400 Exam Questions and Correct Answers Rated 100%

IAAO 400 Exam Questions and Correct Answers Rated 100% The Assessment Function - Answers To Discover, To List, To Value Discovery, Listing, and Valuing - Answers A property assessment system organizes resources to carryout the primary assessment responsibilities of _____________, _____________, and ____________ properties, in accordance with property tax laws and regulations. Appraisal accuracy, Work is finished on time, Staff and resources are used wisely. - Answers Standards of practice are necessary to ensure... Quality Control - Answers Ratio studies are often used for oversight purposes. However, they can also be used for internal _______________ in an effective assessment system. Annual - Answers The legal framework in an effective assessment system requires _____________ reappraisals. Manager - Answers The assessor's role or responsibility in the property assessment system is that of a __________________. Leadership - Answers The process of influencing individuals and groups to set and achieve goals in the definition of __________________. Human, Financial, Material, Information - Answers The four resources the management must have in order to achieve the goals of the organization? Planning, Organizing, Directing, Controlling - Answers List the four basic managerial functions: Planning - Answers Which of the four basic managerial functions provides the basis for the other managerial functions? Technical, Human, Conceptual - Answers List the three necessary management skills: Scalar Principle - Answers Which classical principle establishes the hierarchical structure of the organization, commonly called the "chain of command"? System School - Answers The ________________ of management is comprised of subunits that are dependent on each other to accomplish all of the required tasks of the organization. Planning - Answers The process of determining how an organization can accomplish its objectives. Monitoring Activities - Answers Reviews of progess and performance contribute to effective and efficient operations. Procedures in place for monitoring the quality of assessments, editing data, reviewing appraisals, and reporting time and productivity. Compensation - Answers Employee ________________________ should be competitive with market if budget permits and equitable among classes of positions. Current - Answers One of the first things that must be done in the planning process is to determine the ____________________ status of the organization. Skill Based - Answers A system in which pay increases are linked to the number or depth of skills an employee acquires is known as ______________ pay. Budget - Answers The resources required for the organization's operational plans in monetary terms iis the ________________. Job sharing - Answers Allowing two people to spit a single jon is known as _____________________. Each personworks part-time. Planning - Answers A process of determining how an organization accomplishes its goals and objectives is ___________________. Flexible Hours - Answers Allowing employees to determine how they will fulfill their time commitment to the jurisdiction os known as _______________________. Objectives - Answers Measurable specifics that must be accomplished in total, or in some combination, to achieve the goals in the plan are _________________. Flexible Days - Answers The employee works extra hours each day in order to have extra days off. The 9/80 and 4/10 are the most common. This is called _________________. Allocate resources efficiently, Consider the future, Provide the foundation for other management functions. - Answers The purpose of planning is to: Tele-Commuting - Answers A scheduling technique that allows works to work at home while communicating via telephone, computer and fax machine is called _______________________. Mission Statement - Answers A well thought out _______________ _____________________ is focused on the reasons for the organization's existence. It should be clear, concise, and realistic. Operational - Answers Short-range plans (usually one year or less) are also referred to as ___________________________ plans. Gantt - Answers Charts that show jobs to be done on the vertical axis and time allocations on the horizontal axis are known as _______________ charts. Flow Chart - Answers A ___________________ ______________________ sequences significant events, incorporating yes or no decisions, but without a time dimension. 80 to 85 - Answers Staff costs account for approximately ___________ to ______________ percent of the budget for most jurisdictions. Line Item - Answers The __________________ budget focuses on how much is spent and for what purpose, rather than the activity affected. Visual Aids - Answers When making a budget presentation, good ____________________ _________________________ will keep you and your audience on track, holds interest, and makes key points more memorable. An appropriate legal framework, A competent staff and an effective training program, Complete maps and property data. - Answers An attribute of an effective assessment system: Scalar - Answers The ______________ principle states that authority and responsibility should flow vertically from the highest level to the lowest level, following what is commonly called "the chain of command". Division of Labor - Answers As an organization grows, various portions of a particular task are assigned among a number of members of the organization. Leadership - Answers The process of influencing individuals and groups to set and achieve goals is the definition of _____________________. Planning - Answers Of the basic managerial functions ____________________________ requires the identification of goals and the various ways of achieving them. It also provides the basis for the other managerial functions. Vocational Skills - Answers Not a necessary management skill? Classical - Answers One of the first management therories was the ____________ school of management, which was primarily an authoritarian approach. Increase the degree of organizational sucess, estabish a coordinated effort within the organization, Allocate resources efficiently - Answers Purpose of planning? Be aware of and understand administrative rules and regulations, Know the organizational structure, Know the performance history of their organization. - Answers As a prelude to planning, the assessor must: Operational Plan - Answers A _________________ contains detailed information about work loads, measures of performance and resources required. Strategic Plan - Answers A process for determining where the organization is going over some spain of time, usually the next 2 to 5 years, is a part of the _______________. Operational Plan - Answers A ___________ contains detailed information about work loads, measures of performance and resources required. Objectives - Answers Written __________have qualitative measurable terms, stating the desired results to be obtained with in a given period of time.