ARE 5.0 Practice Management Practice Exam Questions with Correct Answers
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Course
ARE 5.0 Practice Management
Institution
ARE 5.0 Practice Management
ARE 5.0 Practice Management Practice
Exam Questions with Correct Answers
What are the four reasons an architect should consider professional liability insurance? -
Answer-1. Social Responsibility, 2. Continuing Operations, 3. Contract Requirements, 4.
Business Survival
During the building of a...
What examples of actions adhere to professional behaviors outlined for AIA members in the
Code of Ethics and Professional Conduct? - Answer✔✔-1. Provide pro bono services, 2. sign
drawings within responsible control, 3. advance sustainable design practices
What are some negative effects of falsely hiring an employee as a consultant? - Answer✔✔-1.
Loss of worker's compensation, 2. tax liabilities, 3. Lost employment benefit, 4. exposure to
fraud
According to AIA Document B1010, Standard Form of Agreement Between Owner and Architect
is required to carry which types of insurance? - Answer✔✔-1. Professional liability, 2. Workers'
Compensation, 3. Automobile Insurance, 4. General liability
What are the client risk probabilities an architect should ask themselves when writing a
proposal? - Answer✔✔-1. Client's expectations of error-free, near perfect drawings, 2. Client's
dreams exceed the reality of their funding, 3. Clients understanding of the construction process
What 4 project characteristics does a stipulated or lump-sum include? - Answer✔✔-1. Client has
extensive experience in the project type, 2. The project Scope is well-defined, 3. Hotel, hospital
or other project that has many units, 4. Client must have total fee before starting project.
What 2 things does an architect's professional-liability insurance cover? - Answer✔✔-1. Errors
by current employees, 2. Claims brought by third parties
What are typical purposes of a good, highly evolved professional training-and -development
program? - Answer✔✔-1. Ensures that employees are kept well informed of changing trends
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