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RECA Unit 1 Quiz Correctly Solved Exam [100% Correct Answers]
RECA Unit 1 Quiz Correctly Solved Exam [100% Correct Answers] Which of the following acts as an accountability mechanism that RECA is obligated to follow under the Act? A) RECA must compile an annual report for the Minister of Service Alberta for the prior year. B) RECA must prepare an annual consumer report detailing the investigations conducted for the Minister of Service Alberta. C) RECA must create a market report regarding the industries it regulates for the Minister of S...
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RECA Unit 1 Quiz Correctly Solved Exam [100% Correct Answers] Which of the following acts as an accountability mechanism that RECA is obligated to follow under the Act? A) RECA must compile an annual report for the Minister of Service Alberta for the prior year. B) RECA must prepare an annual consumer report detailing the investigations conducted for the Minister of Service Alberta. C) RECA must create a market report regarding the industries it regulates for the Minister of S...
RECA Rural Part 1 Correctly Solved Exam [100% Correct Answers]
RECA Rural Part 1 Correctly Solved Exam [100% Correct Answers] What area does an acre cover? **Ans** An acre covers an area of 43,560 square feet. How many hectares are in an acre? **Ans** One acre is equivalent to 0.4047 hectares. What are animal unit equivalents? **Ans** Animal unit equivalents (AU) are a standard measure used to evaluate the grazing impact of different types of livestock and wildlife. For example, Animal Unit Months (AUM) indicate the duration livestoc...
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RECA Rural Part 1 Correctly Solved Exam [100% Correct Answers] What area does an acre cover? **Ans** An acre covers an area of 43,560 square feet. How many hectares are in an acre? **Ans** One acre is equivalent to 0.4047 hectares. What are animal unit equivalents? **Ans** Animal unit equivalents (AU) are a standard measure used to evaluate the grazing impact of different types of livestock and wildlife. For example, Animal Unit Months (AUM) indicate the duration livestoc...
RECA Residential Exam 100% correct Answers [VERIFIED]
RECA Residential Exam 100% correct Answers [VERIFIED] **Fiduciary Representation** **Ans** Fiduciary representation involves trust and confidence. A fiduciary is required to act in the best interests of the client, maintaining loyalty throughout the relationship. **5 Ds of Role Clarity** **Ans** Role clarity is achieved by first having a discussion to identify roles, determining the responsibilities of each party, documenting the agreements, disclosing relevant informatio...
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RECA Residential Exam 100% correct Answers [VERIFIED] **Fiduciary Representation** **Ans** Fiduciary representation involves trust and confidence. A fiduciary is required to act in the best interests of the client, maintaining loyalty throughout the relationship. **5 Ds of Role Clarity** **Ans** Role clarity is achieved by first having a discussion to identify roles, determining the responsibilities of each party, documenting the agreements, disclosing relevant informatio...
RECA Quiz Review Questions [100% Correct Answers]
RECA Quiz Review Questions [100% Correct Answers] Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid...
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RECA Quiz Review Questions [100% Correct Answers] Which of the following describes a competent real estate professional? A) A real estate professional who agrees to provide services that they are incapable of performing B) A real estate professional who possesses the necessary ability and knowledge to perform an action proficiently C) A real estate professional who represents a client in matters that are beyond their expertise D) A real estate professional who holds a valid...
RECA Fundamentals of Real Estate Exam [100% Correct] 2025 Release
RECA Fundamentals of Real Estate Exam [100% Correct] 2025 Release **Exclusions of REIX** **Ans** REIX excludes certain activities, such as those not involving real estate trades, property title registration, or conveyance. It also does not cover claims related to bodily injury, sickness, emotional or mental disorders, death, slander, property damage or loss, and any dishonest, fraudulent, criminal, or malicious acts. **Personal Information** **Ans** Personal information is an...
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RECA Fundamentals of Real Estate Exam [100% Correct] 2025 Release **Exclusions of REIX** **Ans** REIX excludes certain activities, such as those not involving real estate trades, property title registration, or conveyance. It also does not cover claims related to bodily injury, sickness, emotional or mental disorders, death, slander, property damage or loss, and any dishonest, fraudulent, criminal, or malicious acts. **Personal Information** **Ans** Personal information is an...
RECA Commercial Unit 2 Correctly Solved Exam [100% Correct]
RECA Commercial Unit 2 Correctly Solved Exam [100% Correct] Commercial real estate properties exhibit several features that set them apart from other investment types. These features include the following: (x10) **Answer:** 1. They involve land 2. Transaction timelines are long 3. High transaction costs 4. Expensive assets 5. Durable, long-lasting properties 6. Heavily regulated 7. Prolonged production cycle 8. Require intensive management 9. Unique and heterogeneous as...
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RECA Commercial Unit 2 Correctly Solved Exam [100% Correct] Commercial real estate properties exhibit several features that set them apart from other investment types. These features include the following: (x10) **Answer:** 1. They involve land 2. Transaction timelines are long 3. High transaction costs 4. Expensive assets 5. Durable, long-lasting properties 6. Heavily regulated 7. Prolonged production cycle 8. Require intensive management 9. Unique and heterogeneous as...
Practice Exam (residential) RECA Correctly Solved Exam |100% Correct Answers|
Practice Exam (residential) RECA Correctly Solved Exam |100% Correct Answers| Which statement best describes a qualified real estate professional? A) A real estate agent who commits to providing services they cannot perform B) A real estate agent who has the necessary skills and expertise to perform services effectively C) A real estate agent who puts their own interests ahead of their clients' D) A real estate agent who undertakes some due diligence tasks for clients when...
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Practice Exam (residential) RECA Correctly Solved Exam |100% Correct Answers| Which statement best describes a qualified real estate professional? A) A real estate agent who commits to providing services they cannot perform B) A real estate agent who has the necessary skills and expertise to perform services effectively C) A real estate agent who puts their own interests ahead of their clients' D) A real estate agent who undertakes some due diligence tasks for clients when...
CAPSIM Rehearsal Quiz |100% Correct Answers| VERIFIED!!
CAPSIM Rehearsal Quiz |100% Correct Answers| VERIFIED!! Inventing a new product *Ans* 1. Research the opportunity in the segment in the Courier 2. Select appropriate product attributes - Performance, Size, MTBF 3. Display the R&D worksheet. 4. Enter the product attributes 5. Note the R&D completion date 6. Display the Production worksheet 7. Order capacity and automation (optionally, wait a year) 8. Display the Finance worksheet 9. Fund the plant with stock and bond iss...
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CAPSIM Rehearsal Quiz |100% Correct Answers| VERIFIED!! Inventing a new product *Ans* 1. Research the opportunity in the segment in the Courier 2. Select appropriate product attributes - Performance, Size, MTBF 3. Display the R&D worksheet. 4. Enter the product attributes 5. Note the R&D completion date 6. Display the Production worksheet 7. Order capacity and automation (optionally, wait a year) 8. Display the Finance worksheet 9. Fund the plant with stock and bond iss...
Capstone: CAPSIM Team Member Guide [Revised Study] 100% Correct
Capstone: CAPSIM Team Member Guide [Revised Study] 100% Correct Age *Ans* The length of time since the product was invented or revised. Age and MTBF *Ans* Two buying criteria that remain the same. Annual Reports *Ans* Results from the previous year are called this. You can access these from two locations: 1) from the Capstone Spreadsheet, click Reports in the menu bar, 2) on the website, log into your simulation then click the Reports link. Business-to-Busin...
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Capstone: CAPSIM Team Member Guide [Revised Study] 100% Correct Age *Ans* The length of time since the product was invented or revised. Age and MTBF *Ans* Two buying criteria that remain the same. Annual Reports *Ans* Results from the previous year are called this. You can access these from two locations: 1) from the Capstone Spreadsheet, click Reports in the menu bar, 2) on the website, log into your simulation then click the Reports link. Business-to-Busin...
CAPSIM - Capstone HR Test Review
CAPSIM - Capstone HR Test Review 1. Production runs can be scheduled in *Ans* one or two shifts -Up to twice the production line's First Shift Capacity can be scheduled for each individual product. Production runs that exceed the First Shift Capacity result in either Overtime and/or a Second Shift, depending on the Worker Complement. 2. Hiring the Needed Complement will always eliminate *Ans* a Second Shift -Hiring the Needed Complement eliminates all Overtime. The Second Sh...
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CAPSIM - Capstone HR Test Review 1. Production runs can be scheduled in *Ans* one or two shifts -Up to twice the production line's First Shift Capacity can be scheduled for each individual product. Production runs that exceed the First Shift Capacity result in either Overtime and/or a Second Shift, depending on the Worker Complement. 2. Hiring the Needed Complement will always eliminate *Ans* a Second Shift -Hiring the Needed Complement eliminates all Overtime. The Second Sh...
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