400 CHAPTER 1 REVIEW
12 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

A property assessment system organizes resources to carry out the primary assessment responsibilities of ______, in accordance with property tax laws and regulations.

  • Collecting taxes, monitoring compliance, and enforcing regulations
  • Discovery, listing, and valuing properties (correct)
  • Inspecting, valuing, and reviewing appeals
  • Identifying, auditing, and classifying properties

Standards of practice are necessary to ensure:

  • Appraisal accuracy
  • Work is finished on time
  • Staff and resources are used wisely
  • All of the above (correct)

Ratio studies are often used for oversight purposes; however, they can also be used for internal ______ in an effective assessment system.

  • Quality control (correct)
  • Appraisal review
  • Data adjustment
  • Performance auditing

The legal framework in an effective assessment system requires ______ reappraisals.

<p>Annual (A)</p> Signup and view all the answers

The assessor's role or responsibility in the property assessment system is that of a ______.

<p>Manager (B)</p> Signup and view all the answers

The process of influencing individuals and groups to set and achieve goals is the definition of ______.

<p>Leadership (A)</p> Signup and view all the answers

What are the four resources that management must have to achieve the goals of the organization?

<p>Human, Financial, Material, Information (B)</p> Signup and view all the answers

List the four basic managerial functions:

<p>Planning, Organizing, Directing, controlling (A)</p> Signup and view all the answers

Which of the four basic managerial functions provides the basis for the other managerial functions?

<p>Planning (B)</p> Signup and view all the answers

List the three necessary management skills:

<p>Technical, Conceptual, Human (A)</p> Signup and view all the answers

Which classical principle establishes the hierarchical structure of the organization, commonly called the chain of command?

<p>Scalar Principle (B)</p> Signup and view all the answers

The _________________ of management is comprised of subunits that are dependent on each other to accomplish the required tasks of the organization.

<p>Systems School (B)</p> Signup and view all the answers

Flashcards

Property Assessment System Resources

The system organizes resources to handle property tax responsibilities like finding, listing, and evaluating properties.

Standards of Practice Purpose

Ensuring consistency and quality in property assessments, following laws and regulations.

Ratio Studies Use

Ratio studies can be used for property assessment oversight and for internal quality control.

Reappraisals Frequency

An effective assessment system needs annual property reappraisals.

Signup and view all the flashcards

Assessor's Role

An assessor manages the property assessment process.

Signup and view all the flashcards

Leadership Definition

Influencing individuals and groups to achieve goals.

Signup and view all the flashcards

Management Resources

Management needs four resources (human, financial, material, and information) to succeed.

Signup and view all the flashcards

Managerial Functions

The four basic managerial functions are planning, organizing, directing, and controlling.

Signup and view all the flashcards

Basis of Managerial Functions

Planning provides the foundation for all other managerial functions.

Signup and view all the flashcards

Management Skills

Essential management skills include technical, conceptual, and human skills.

Signup and view all the flashcards

Scalar Principle

This principle establishes a hierarchical structure (chain of command) within an organization.

Signup and view all the flashcards

Systems School of Management

The organization is made up of interconnected parts that work together.

Signup and view all the flashcards

More Like This

Property Taxation Overview
12 questions
Property Tax in Lithuania
37 questions

Property Tax in Lithuania

FearlessBandoneon avatar
FearlessBandoneon
New Jersey Property Tax Laws and Regulations
26 questions
Use Quizgecko on...
Browser
Browser