Tax assessment of real property according to value is known as
a. appraisal
b. ad valorem
c. replacement cost
d. accretion
Answer: b. ad valorem
You might also like to view...
Which of the following statements is not true as it relates to the dollar-value LIFO inventory method?
a. It is easier to erode LIFO layers using dollar-value LIFO techniques than it is with specific goods pooled LIFO. b. Under the dollar-value LIFO method, it is possible to have the entire inventory in only one pool. c. Several pools are commonly employed in using the dollar-value LIFO inventory method. d. Under dollar-value LIFO, increases and decreases in a pool are determined and measured in terms of total dollar value, not physical quantity.
The Fair Credit Reporting Act:
A. has no application to the workplace. B. prevents employers from conducting credit checks on employees and applicants. C. requires notice to and consent by the individual before an employer can have a background check done by a consumer-reporting agency. D. requires an applicant to provide information about their credit worthiness to employers, upon their request.