IAAO 300 Chapter 2 Review Questions
The three components of a Property Tax System are the ___________, _________________, and
________________. - Answer-Assessment
Appeal
Collection
_________ systems update master files directly from computer work stations and edits are built into
data entry software. - Answer-On-line
A __________ should be conducted to measure and evaluate the accuracy and uniformity of new values.
- Answer-ratio study
The receipt of payments and distribution of funds is part of the ___________ system. - Answer-
collection
The four components of the mass appraisal system are: - Answer-Data collection and maintenance
Exploratory data analysis
Model development
Model application review and reconciliation
Analysis of available _____________ such as personnel, maps and data base are critical before
conducting a reappraisal. - Answer-resources
The three components of a Property Tax System are the ___________, _________________, and
________________. - Answer-Assessment
Appeal
Collection
_________ systems update master files directly from computer work stations and edits are built into
data entry software. - Answer-On-line
A __________ should be conducted to measure and evaluate the accuracy and uniformity of new values.
- Answer-ratio study
The receipt of payments and distribution of funds is part of the ___________ system. - Answer-
collection
The four components of the mass appraisal system are: - Answer-Data collection and maintenance
Exploratory data analysis
Model development
Model application review and reconciliation
Analysis of available _____________ such as personnel, maps and data base are critical before
conducting a reappraisal. - Answer-resources
