1

Alfon Batongbacal
REM 3304 Reconsulting
1. What is good and services tax?
A. Tax on goods and services is defined as all taxes levied on the production, extraction, sale, transfer,
leasing or delivery of goods.
B. the amount of money, property, and other transfers of value received over a set period of time in
exchange for services or products.
C. the total earnings a person receives before paying for taxes and other deductions
D. None of the above
2. A Real Estate Consultant is expected to _____.
A. Analyze
B. Program
C. Perform
D. Develop
3. A ________ is like a business plan.
A. Programming Development Assesment
B. Property Development Assessment
C. Program Developing Assessment
4. It’s a detailed analysis that considers all of the critical aspects of a proposed project in order to
determine the likelihood of it succeeding.
A. Development Study
B. Feasibility Studies
C. Flexibility Study
D. Feasibility Study
5. A _______ is undertaken during the initial due diligence phase.
A. Finance Feasibility
B. Financial Feasibility Study
C. Feasible Financing
D. Financial Studies
6. These fees must include all fees charged by consultant and professionals.
A. Finance Cost
B. Professional Fees
C. Construction Cost
D. Fees
7. These fees involved when connecting utilities to a development side including water, electricity,
drainage and ETC.
A. Councils/LGU’S Contribution
C. Utility Connection Fees
D. Construction Cost
8. This are calculated on the basis of the design or the size of the townhouse/dwelling that you are
developing.
A. Construction Cost
C. Utility Connection Fees
D. Councils/LGU’s Contribution
9. . It’s necessary expense but not always welcomed. It’s important to ensurethat all parties involved
starting from consultants (etc) to cover the project.
A. Life Saver
B. Insurance
C. Connection
D. Contingency
10. These commisions are allowed to be negotiable.
A. Marketing Strategy
B. Marketing
C. Selling
D.Selling Fees
11. This way you can claim your input tax credit monthly and it keeps your cashflow healthy.
A. GSTV
B. GRT
C. GVT
D. GST
12. Banks also use this value to calculate a percentage that can safety lend against the project.
A. GRV
B.GVT
C. GRT
D. GRR
13. This is dependent upon your strategy to sell or hold them.
A. Profit
B. Income & Tax
C. Income and Profit
D. Income
14. It’s about your properties that you have to ascertain per week.
A. Condominium
B. Rental Income
C. Capital
D. Income
15. This percentage is to cover costs that you don't know about. These are cost overruns or challenges
thatare faced by developers.
A.Continuous
B. Contingent
C. Contingency
D. Contigency
16. Which of the choices is NOT included in benefits of feasibility study?
A. Adds value to funding pitches
B. Helps make realistic assumptions
C. Enhance the goal
D. Helps in identification of new opportunities
17. What is RESA law?
A. Republic Act No. 9646
B. Republic Act No. 9647
C. Republic Act No. 9648
D. Republic Act No. 9641
18. What is a real estate consultant?
A. help maximize the potential return on an investment in real estate.
B. It’s a broker
C. overseeing transactions between buyers and sellers.
D. Negotiate prices or other sales terms.
19. Every applicant seeking to be registered and licensed as a real estate service practitioner, except
A. sales person
B. Broker
C. assessor
20. shall undergo an examination to be given by the Board as provided for in R.A.
A. No. 9646
B. No. 9647
C. No. 9648
D. No. 9641
21. resources to carry and implement the engagement and?___________ constraints imposed on the
entire process.
A. Time and Money
B. effort
C. Power and energy
D. human
22. .The?___set the work plan for establishing desirable action and implementing the decision
A. consultant
B. Broker
C. sales Person
D. Assessor
23. The Ethics in Consultancy Except?

A. agent
B. independence of action
C. objectivity in analysis
D. respect for co-practitioners
24. . Non-quantifiable Except.
A. Assistant
B. criteria that are easily described but are non- quantifiable such as
C. pride of ownership Specific location
D. Accessibility and -Feng Shul conformance
25. Quantifiable and measurable Except?
A. Design
B. levels of cash flow (in peso amounts or rates)
C. level of Investment
D. capital recovery tax shelter
26. The Unique Role of the Real Estate Consultant Except?
A. Advise clients on market conditions, prices, mortgages, legal requirements, and related matters.
B. Unlike others who serve the real estate market incidental to the main service such as brokers and
appraisers
C. Enters into the client's decision-making situation where the client's objectives and criteria are applied
(altered, modified, or restated)
D. The consultant simulates the decision process to the client, and the client reacts to the plan with
possible modification of original objectives and criteria
27. What is Fundamentals of real estate consulting?
A. Property developers, builders, real estate investors, and investment banks rely on real estate
consultants for professional advice.
B. Think of a broker as a middleman who ensures transactions can run smoothly and that each party has
the necessary information.
C. Observing and assessing candidates in their workplace. Interviewing candidates and examining their
portfolios of evidence.
28. the Qualification of Applicants for Examinations includes the following
A. Citizen of the Philippines
B. bad people
C. Bad people
D. US citizen
29. BENEFITS OF A FEASIBILITY STUDY EXCEPT
A. consume time
B. Point out the valid reasons to go ahead with the idea
C. Saves time money and resources.
D. Enhances the team's focus
30. What is gross income?
A. the total earnings a person receives before paying for taxes and other deductions
B. the amount of money, property, and other transfers of value received over a set period of time in
exchange for services or products
C. the dollar value of the total sales made by a company in one period before deduction expenses.

1

Uploaded by

Copyright:

Available Formats

1

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

1

Uploaded by

Copyright:

Available Formats

Alfon Batongbacal

REM 3304 Reconsulting

1. What is good and services tax?

leasing or delivery of goods.

exchange for services or products.

D. None of the above

2. A Real Estate Consultant is expected to _____.

3. A ________ is like a business plan.

A. Programming Development Assesment

B. Property Development Assessment

C. Program Developing Assessment

D. None of the above

determine the likelihood of it succeeding.

5. A _______ is undertaken during the initial due diligence phase.

B. Financial Feasibility Study

drainage and ETC.

C. Utility Connection Fees

C. Utility Connection Fees

10. These commisions are allowed to be negotiable.

13. This is dependent upon your strategy to sell or hold them.

B. Income & Tax

C. Income and Profit

thatare faced by developers.

16. Which of the choices is NOT included in benefits of feasibility study?

A. Adds value to funding pitches

B. Helps make realistic assumptions

C. Enhance the goal

D. Helps in identification of new opportunities

17. What is RESA law?

A. Republic Act No. 9646

B. Republic Act No. 9647

C. Republic Act No. 9648

D. Republic Act No. 9641

18. What is a real estate consultant?

A. help maximize the potential return on an investment in real estate.

D. Negotiate prices or other sales terms.

D. None of the above

A. Time and Money

C. Power and energy

23. The Ethics in Consultancy Except?

D. respect for co-practitioners

24. . Non-quantifiable Except.

C. pride of ownership Specific location

D. Accessibility and -Feng Shul conformance

25. Quantifiable and measurable Except?

B. levels of cash flow (in peso amounts or rates)

D. capital recovery tax shelter

26. The Unique Role of the Real Estate Consultant Except?

(altered, modified, or restated)

possible modification of original objectives and criteria

27. What is Fundamentals of real estate consulting?

the necessary information.

D. None of the above

28. the Qualification of Applicants for Examinations includes the following

A. Citizen of the Philippines

29. BENEFITS OF A FEASIBILITY STUDY EXCEPT

B. Point out the valid reasons to go ahead with the idea

C. Saves time money and resources.

D. Enhances the team's focus

30. What is gross income?