What is the primary advantage of mass appraisal?(a) Accuracy(b) Timeliness(c) Cost-effectiveness(d) Fairness
Question
Solution 1
The primary advantage of mass appraisal is (c) Cost-effectiveness. This method is used primarily for taxation purposes such as property tax. It involves assessing a group of properties as of a given date, using standard methods and allowing for statistical testing. This makes it a more cost-effectiv Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
What is the primary advantage of mass appraisal?(a) Accuracy(b) Timeliness(c) Cost-effectiveness(d) Fairness
What is low on productivity and high on value advantage? A. service leader B. commodity leader C. cost leader D. cost and service leader
What is the primary advantage of a public limited company (PLC)? A. Limited liability B. Tax benefits C. Easy formation D. Unlimited liability
Cathode rays haveA only mass. B only charge. C neither mass nor charge. D both mass and charge.
The amount paid to acquire an asset is known as its: A. current cost. B. historical cost. C. market cost. D. present value.