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400 CHAPT 5 REVIEW QUESTIONS
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400 CHAPT 5 REVIEW QUESTIONS

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A part of personnel management includes ___________________________________. This is a common procedure used to evaluate any organization's personnel.

  • Project management
  • Performance evaluation (correct)
  • Office maintenance
  • Recruitment
  • A basic characteristic of a well-designed evaluation system is ____________________________________.

  • Comprehensive - should measure all important aspects of the position
  • Objective - looking at the performance of the task or tasks
  • Identify the employee's strong points and shortcomings
  • All of the above (correct)
  • Traditional methods of evaluating performance often use rating scales. When using rating scales, use __________________ whenever possible.

  • Subjective opinions
  • Personal relationships
  • Objective factors (correct)
  • Attendance
  • The ____________________ should protect an employee from reprisal.

    <p>Grievance procedure</p> Signup and view all the answers

    Disciplining an employee for unsatisfactory work performance must be fair yet serve the needs of the office. It should follow a ____________________, which is usually a sequence of steps that will lead to either improvement or termination of the employee.

    <p>Standard process</p> Signup and view all the answers

    The final step in the disciplinary action (before dismissing an employee) is to bring the situation to a conclusion, including a ____________.

    <p>Written report</p> Signup and view all the answers

    Accuracy of __________________ data is an essential element in developing accurate valuations for assessment.

    <p>Property characteristics</p> Signup and view all the answers

    Situational characteristics can also be reviewed by using a ____________________. The proximity of parcels to some feature that either adds to or detracts from value can be easily identified.

    <p>Geographic Information System (GIS</p> Signup and view all the answers

    The __________________ is an effective graphic planning tool for measuring the progress of the organization, after the plan has been implemented.

    <p>Gantt chart</p> Signup and view all the answers

    Accuracy of data entry is an essential element in developing accurate valuations for assessment, and various __________________ can also assist in assuring the accuracy of the data.

    <p>Edit checks</p> Signup and view all the answers

    In ratio studies, the __________________ is the most widely used measure of appraisal level.

    <p>Median</p> Signup and view all the answers

    When determining whether a reappraisal is necessary, the __________________ is a helpful statistic to measure accuracy of appraised values by giving the average percentage miss from the median.

    <p>Coefficient of dispersion</p> Signup and view all the answers

    __________________ is when low-valued properties are over-appraised relative to high-valued properties. The statistic that helps measure this is the __________________.

    <p>Regressivity</p> Signup and view all the answers

    If uniformity is good, but the level is low, can the values be trended?

    <p>Yes</p> Signup and view all the answers

    If the median and mean ratios stratified by heating type all have a level around 1, this stratification has good __________________ equity.

    <p>Horizontal</p> Signup and view all the answers

    Low-dollar properties are over-appraised relative to high-dollar properties. This is an example of poor _______________ equity and should equate to a price-related differential ___________.

    <p>Vertical / above 1</p> Signup and view all the answers

    You have been asked to trend neighborhoods 3 and 5 based on their median levels. The median for neighborhood 3 is 1.14 and the median for neighborhood 5 is 0.76. Your target assessment level is 0.95. What are the correct trend factors?

    <p>Neighborhood 3: 0.8333, Neighborhood 5: 1.2500</p> Signup and view all the answers

    A box plot provides a significant amount of information about values within a group. The box itself represents __________ of the data, and the black line through the box represents the __________.

    <p>50.0% and median</p> Signup and view all the answers

    _______________ is the practice of adjusting the value on properties that sold without regard to the market analysis performed in setting values for the population.

    <p>Sales chasing</p> Signup and view all the answers

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