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The Oxford Dictionary describes: Assess (verb)- To estimate size or quality of; estimate value of (property etc.) for taxation. Assessment(noun)-Basically means estimation or 'figuring out' size etc.

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What term refers to the process of determining the values of a property to be taxed?

assessment


Is the word 'risk assessment' a proper noun?

No, the term "risk assessment" is not a proper noun. It is a common noun that refers to the process of identifying and evaluating potential risks in various contexts, such as in business, healthcare, or environmental studies. Proper nouns are specific names of people, places, or organizations, while "risk assessment" describes a general concept or activity.


Why should validation occur before an assessment?

Validation before an assessment ensures that the assessment tool is reliable and measures what it is intended to measure. It helps in identifying any flaws or biases in the assessment tool, making the results more valid and accurate. Without validation, there is a risk of incorrect conclusions being drawn from the assessment results.


Which term is defined as the as the process of determining the value of a property to be taxed?

The term defined as the process of determining the value of a property to be taxed is "property assessment." This process involves evaluating the property's market value, which serves as the basis for calculating property taxes. Property assessments are typically conducted by government assessors and can influence local tax revenues.


What term is defined as ordered suspension of activity?

The term "ordered suspension of activity" is often referred to as a "moratorium." A moratorium is a temporary halt or pause on a specific activity or process, typically imposed by an authority or governing body. This can apply to various contexts, such as financial transactions, legal proceedings, or environmental regulations, allowing time for assessment, regulation, or reconsideration.