The Assessment tab is where you define how the objects are handled in an object based assessment.
Assessment Type (Read-Only): The object being assessed (i.e. risk , control, organization) was selected as the Assessment Type when the assessment was created.
Iteration Type (Read-Only): The iteration type (i.e. page based, matrix based) was selected when the assessment was created.
Update Objects in the Governance Portal: Select this checkbox to send the assessment result back to the object in the Governance Portal.
IsTemplate: This checkbox will be selected if you are creating an assessment template. It will remain unchecked in case of an assessment. This is a view-only option.