IAAO 400 – REVIEW QUESTIONS EXAM
WITH CORRECT QUESTIONS AND
ANSWERS 2025
A property assessment system organizes resources to carry out the primary assessment
responsibilities of _______, _________, and __________ properties, in accordance with
property tax laws and regulations. - CORRECT-ANSWERSdiscovery
listing
valuing
Standards of practice are necessary to ensure: - CORRECT-ANSWERSAppraisal
accuracy
Work is finished on time
Staff and resources are used wisely
All of the above
Ratio studies are often used for oversight purposes. However, they can also be used for
internal ________ _________ in an effective assessment system. - CORRECT-
ANSWERSquality control
The legal framework in an effective assessment system requires ___________
reappraisals. - CORRECT-ANSWERSannual
The assessor's role or responsibility in the property assessment system is that of a
_________. - CORRECT-ANSWERSmanager
, The process of influencing individuals and groups to set and achieve goals is the
definition of ____________. - CORRECT-ANSWERSleadership
What are the four resources that management must have in order to achieve the goals of
the organization? - CORRECT-ANSWERSHuman
Financial
Material
Information
List the four basic managerial functions: - CORRECT-ANSWERSPlanning
Organizing
Directing
Controlling
Which of the four basic managerial functions provides the basis for the other managerial
functions? - CORRECT-ANSWERSPlanning
List the three necessary management skills: - CORRECT-ANSWERSTechnical
Human
Conceptual
Which classical principle establishes the hierarchical structure of the organization,
commonly called the "chain of command"? - CORRECT-ANSWERSScalar principle
The ___________ of management is comprised of subunits that are dependent on each
other to accomplish all of the required tasks of the organization. - CORRECT-
ANSWERSsystems school
One of the first things that must be done in the planning process is to determine the
________ status of the organization. - CORRECT-ANSWERScurrent
WITH CORRECT QUESTIONS AND
ANSWERS 2025
A property assessment system organizes resources to carry out the primary assessment
responsibilities of _______, _________, and __________ properties, in accordance with
property tax laws and regulations. - CORRECT-ANSWERSdiscovery
listing
valuing
Standards of practice are necessary to ensure: - CORRECT-ANSWERSAppraisal
accuracy
Work is finished on time
Staff and resources are used wisely
All of the above
Ratio studies are often used for oversight purposes. However, they can also be used for
internal ________ _________ in an effective assessment system. - CORRECT-
ANSWERSquality control
The legal framework in an effective assessment system requires ___________
reappraisals. - CORRECT-ANSWERSannual
The assessor's role or responsibility in the property assessment system is that of a
_________. - CORRECT-ANSWERSmanager
, The process of influencing individuals and groups to set and achieve goals is the
definition of ____________. - CORRECT-ANSWERSleadership
What are the four resources that management must have in order to achieve the goals of
the organization? - CORRECT-ANSWERSHuman
Financial
Material
Information
List the four basic managerial functions: - CORRECT-ANSWERSPlanning
Organizing
Directing
Controlling
Which of the four basic managerial functions provides the basis for the other managerial
functions? - CORRECT-ANSWERSPlanning
List the three necessary management skills: - CORRECT-ANSWERSTechnical
Human
Conceptual
Which classical principle establishes the hierarchical structure of the organization,
commonly called the "chain of command"? - CORRECT-ANSWERSScalar principle
The ___________ of management is comprised of subunits that are dependent on each
other to accomplish all of the required tasks of the organization. - CORRECT-
ANSWERSsystems school
One of the first things that must be done in the planning process is to determine the
________ status of the organization. - CORRECT-ANSWERScurrent
