QUESTIONS | WITH COMPLETE
SOLUTIONS!!
1 of 126
Term
Sales ratio minus the Median
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Mean Deviation
Range Aggregate
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2 of 126
Term
A loss in Value
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Diversification Depreciation
Taxes Appreciation
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3 of 126
Term
What type of depreciation is wear and tear?
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Financial Economic
Social Physical
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4 of 126
Term
If a real property value is set by a decision of an appeal hearing, the
BOA cannot change that value unless there have been additions,
deletions, or dramatic changes for how many years ?
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3 years 2 years
4 years 1 year
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5 of 126
Term
What is the acronym for the four forces that effect value?
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VMI PEGS
, BIGS PATS
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6 of 126
Term
Annual budget divided by the Total assessed value =
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Maturity Prime Interest Rate
Millage Rate Dollar Price
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7 of 126
Term
What does PRD measure ?
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Reporting Bias Cultural Bias