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IAAO Course 102 Final Exam Guide 2025 | Income Approach to Valuation | Tax Assessor

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Prepare for your 2025 IAAO Course 102 Final Exam. This comprehensive guide covers the Income Approach to Valuation, including key principles, capitalization rates, and property analysis for tax assessors and appraisers.

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age 1 of 44




IAAO 102 FINAL EXAM STUDY GUIDE 2025/2026

COMPLETE QUESTIONS AND CORRECT DETAILED

ANSWERS WITH RATIONALES || 100% GUARANTEED

PASS <RECENT VERSION>

The social consequence of the digital age is ......ANSWER........the

spread of ideas, values, and beliefs to be transmitted faster

than ever before.


Sociology is an art and a science. The art of sociology is based

on the creative ways we communicate with each other. The

science of sociology is based on ......ANSWER........theory and

research


The two events that caused social change and spurred on the

study of Sociology were urbanization and ......ANSWER........The

Industrial Revolution

,age 2 of 44




No theory is totally objective. It is based on

......ANSWER........Worldview


Karl Marx, who witnessed the Industrial Revolution was the

father of Structural Functional theory. ......ANSWER........False


Which of the following is Not part of C. Wright Mills

paradigms? ......ANSWER........Total Institutions


Which of the following theoretical perspective would view

television and movies as a form of big business in which profits

are more important than the equality of the product or the

individual; and which used to keep those in power in place?

......ANSWER........Conflict


Sociology is the of human and association and how it over time.

......ANSWER........scientific study, social behavior, changes

,age 3 of 44




Which sociological perspective stresses that society is a whole

unit, made up of interrelated parts that together harmoniously?

......ANSWER........Structural functional analysis


Methods of collecting research data include .

......ANSWER........all of the above


At the core of sociological research is the scientific research

method. ......ANSWER........True


Every group has its own normative order that determines the

group orientation. When a person departs significantly from the

group orientation and engages in deviant behavior, he or she

risks what is called a ......ANSWER........sanction


Deviance is defined as behavior that departs significantly from

cultural norms. ......ANSWER........true

, age 4 of 44




Goffman's concept- Total Institutions- are places such as prisons

that separate the person from society. This leads to the social

self eroding and the individual's identity becoming defined by

the nature of total institution. The process of the eroding of the

social self is called: ......ANSWER........Mortification of Self


Sociologist Robert Merton's Strain Theory indicates five modes of

adaptation: Conformity, Ritualism, Retreatism, and Rebellion.

Select the mode of adaptation not given.

......ANSWER........Innovation


What term did Durkheim use to describe a weakened

acceptance of norms? ......ANSWER........anomie


Human society is held together by a social order.

......ANSWER........True
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