Challenges Game Shows regina June 9, 2024 Report a question What’s wrong with this question? You cannot submit an empty report. Please add some details. 0 votes, 0 avg 5 Professional Practice – Game Show 1 / 20 1. The smallest type of settlement in the Philippines A. Barangay B. Province C. City D. Municipality 2 / 20 2. The practice of appraising multiple properties as of a given date by a systematic and uniform application of appraisal methods and techniques A. Benchmarking appraisal B. Market data approach C. Mass appraisal D. Averaging appraisal 3 / 20 3. A section of the EIS that details the prevention, mitigation, compensation, contingency and monitoring measures to enhance positive impacts and minimize negative impacts of a proposed project is called __ A. Environmental Management Plan B. Environmentally Critical Certificate C. Environmental Impact Statement D. Environmentally Critical Clearance 4 / 20 4. In the appraisal process, the property being appraised is referred to as the __ A. Assessed property B. Subject property C. Comparable property D. Appraised property 5 / 20 5. A taxpayer is presumed to habitually engage in real estate business if the taxpayer consummated during the preceding year at least __ taxable real estate transactions, regardless of amount A. 6 B. 2 C. 3 D. 5 6 / 20 6. Land specifically devoted to various trees and plants A. Orchard B. Green spaces C. Garden D. Farm land 7 / 20 7. Which of the following are political forces influencing value? A. Shift in population density B. Employment trends and wage levels C. Rent controls, special use permits, credit control D. Price level interest rates, tax burdens 8 / 20 8. It is the rate at which the Net Present Value (NPV) equals zero. A. Return of Investment B. Rate of return C. Internal rate of return D. Payback rate 9 / 20 9. The economic characteristic of situs refers to which of the following? A. Land cannot be destroyed B. No two parcels of land are exactly alike C. People prefer certain areas D. There may not be enough land in certain areas to satisfy demand 10 / 20 10. According to MRPAAO, it is an open-sided roofed automoble shelter that is usually formed by an extension of the roof from the side of a building A. Parking lot B. Garage C. Carport D. Car shelter 11 / 20 11. What term best described the effect of a power plant on the value of a nearby home? A. Contribution B. Balance C. Externalities D. Conformity 12 / 20 12. The objective of undertaking an appraisal of real estate is to __. A. Identify legal rights and interest that may exist B. Establish loan value C. Determine asking price D. Estimate value 13 / 20 13. According to MRPAAO and to the provisions of the Building Code, buildings of wood construction is what type of building A. Type V B. Type I C. Type II D. Type IV 14 / 20 14. The importance of EIA as a tool that measures allocation and utilization in terms of cost associated with __ A. Environmental friendliness B. Environmental conservation C. Environmental preservation D. Environmental awareness 15 / 20 15. Because hospitals are not usually offered for sale in the open market, the best approach to value to be used in the appraisal of hospitals is __ A. Income Approach B. All of the approaches C. Cost Approach D. Market Data Approach 16 / 20 16. In order to mark the lot plan boundaries on the parcel of land, the following is used as the marker A. Concrete monument B. Concrete lot marker C. Permanent marker D. Cylindrical concrete monument 17 / 20 17. The date of valuation for an appraisal is determined by which of the following? A. The date the property is actually inspected B. Whatever date is specified in the appraisal report C. The date of the appraisal assignment is accepted D. The actual date the appraisal is signed 18 / 20 18. Described as the just and complete equivalent of the loss which the owner of the thing expropriated has to suffer by reason of the expropriation A. Usufruct B. Just Compensation C. Disbursement D. Remuneration 19 / 20 19. Which among the following is not an abiotic? A. Fungi B. Temperature C. Humidity D. Light 20 / 20 20. Assigning of new assessed values to property, particularly real estate, as the result of a general, partial, or individual reappraisal of the property A. Reappraisal B. Reclassification C. Reassessment D. Revaluation Your score is About Author / regina Previous post Flashcards – Executive Orders, Presidential Decrees, and Republic Acts Next post Pertinent Real Estate Laws – Short Quiz Leave a Comment Cancel replyYour email address will not be published. Save my name, email, and website in this browser for the next time I comment. Δ
