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Questions and Answers
A part of personnel management includes ___________________________________. This is a common procedure used to evaluate any organization's personnel.
A basic characteristic of a well-designed evaluation system is ____________________________________.
Traditional methods of evaluating performance often use rating scales. When using rating scales, use __________________ whenever possible.
The ____________________ should protect an employee from reprisal.
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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.
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The final step in the disciplinary action (before dismissing an employee) is to bring the situation to a conclusion, including a ____________.
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Accuracy of __________________ data is an essential element in developing accurate valuations for assessment.
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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.
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The __________________ is an effective graphic planning tool for measuring the progress of the organization, after the plan has been implemented.
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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.
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In ratio studies, the __________________ is the most widely used measure of appraisal level.
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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.
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__________________ is when low-valued properties are over-appraised relative to high-valued properties. The statistic that helps measure this is the __________________.
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If uniformity is good, but the level is low, can the values be trended?
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If the median and mean ratios stratified by heating type all have a level around 1, this stratification has good __________________ equity.
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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 ___________.
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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?
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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 __________.
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_______________ is the practice of adjusting the value on properties that sold without regard to the market analysis performed in setting values for the population.
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