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BMAA 423 - Quiz (final term)

Total questions: 30

Worksheet time: 10mins

Name
Class
Date
1.
  1. Why do architects typically join professional organizations?

a)

  1. a) To reduce licensing fees

b)

  1. b) To gain social popularity

c)

  1. c) To exchange ideas and enhance professional reputation

d)

  1. d) To avoid public speaking opportunities

2.
  1. What benefit does public speaking offer architects beyond the immediate audience?

a)

  1. a) Free advertising time

b)

  1. b) Media exposure and expanded network

c)

  1. c) Automatic publication in journals

d)

  1. d) Reduced project fees

3.
  1. Project signs are considered effective because:

a)

  1. a) They use expensive materials

b)

  1. b) They are cost-efficient and visible

c)

  1. c) They are required by law

d)

  1. d) They include advertisements

4.
  1. What qualifies a building to be featured in magazine articles?

a)

  1. a) Its size and material cost

b)

  1. b) It must be fully air-conditioned

c)

  1. c) Its relevance to trends or community impact

d)

  1. d) Its geographic location only

5.
  1. What type of architectural competition typically offers no compensation?

a)

  1. a) Corporate-sponsored

b)

  1. b) Design-build

c)

  1. c) Idea-generation without contractual intent

d)

  1. d) Invitational with award guarantees

6.
  1. A well-made office brochure should include:

a)

  1. a) List of suppliers

b)

  1. b) Building code references

c)

  1. c) Portfolio samples and staff resume

d)

  1. d) CAD files

7.
  1. Entertainment is considered part of PR because it:

a)

  1. a) Is tax-deductible

b)

  1. b) Builds informal client relationships

c)

  1. c) Is cheaper than advertising

d)

  1. d) Increases project costs

8.
  1. Which of the following office locations might harm a firm’s image despite other benefits?

a)

  1. a) City center with good parking

b)

  1. b) Suburban tech park

c)

  1. c) Run-down industrial area

d)

  1. d) Waterfront office with high rent

9.
  1. A strategic PR move during a building opening is to:

a)

  1. a) Send personal message

b)

  1. b) Volunteer as a host in the Program

c)

  1. c) Attend in person with a congratulatory note or gift

d)

  1. d) Postpone engagement

10.
  1. Maintaining strong ties with contractors and reps helps:

a)

  1. a) Gain reasonable discounts

b)

  1. b) Expand network and referrals

c)

  1. c) Avoid permits

d)

  1. d) First to know latest products

11.
  1. One main reason a poor office setup may hurt PR is:

a)

  1. a) Higher rent

b)

  1. b) Negative first impressions on clients

c)

  1. c) No parking space

d)

  1. d) No internet connection

12.
  1. An architect’s appearance in a televised talk show might lead to:

a)

  1. a) Opportunity for Show-business

b)

    1. b) Project delays

c)
  1. c) New speaking or media opportunities

d)

  1. d) Higher overhead cost

13.
  1. Which of the following best supports long-term business development?

a)

  1. a) Reducing staff’s workload

b)

  1. b) Effective networking and PR consistency

c)

  1. c) Posting all projects in social media

d)

  1. d) Minimizing communication

14.
  1. Civic organizations offer architects opportunities to:

a)

  1. a) Regulate taxes

b)

  1. b) Reduce registration time

c)

  1. c) Influence committees and build contacts

d)

  1. d) Apply for free permits

15.
  1. A PR brochure lacking updated content may:

a)

  1. a) Reduce office expenses

b)

  1. b) Harm credibility and relevance

c)

  1. c) Improve public appeal

d)

d) Give clients the low-key impression

16.
  1. In business accounting, what is an “asset”?

a)

  1. a) A paid bill

b)

  1. b) A signed construction contract

c)

  1. c) Anything of value owned by the firm

d)

  1. d) A new acquired car

17.
  1. What is the most liquid asset for an architecture firm?

a)

a) Real Property

b)

b) Surplus

c)

c) Cash

d)

d) Prepaid

18.
  1. What qualifies as a physical plant asset?

a)

a) Library

b)

b) Real Property

c)

c) Building Permit

d)

d) Rent contracts

19.
  1. Which item would fall under liabilities?

a)

  1. a) Office blueprint collection

b)

  1. b) Vouchers payable

c)

c) Personnel

d)

d) Brand new car

20.
  1. Prepaid income represents:

a)

  1. a) Client payment before service is delivered

b)

  1. b) Interest-free loan

c)

  1. c) Future asset of the company

d)

  1. d) Staff compensation and retirement fund

21.
  1. A firm’s capital investment includes:

a)

  1. a) Government subsidies

b)

  1. b) Intern bonuses

c)

  1. c) Owner contributions and borrowed funds for business use

d)

  1. d) Real estate agent fees

22.
  1. A reserve for a “slack period” is intended to:

a)

  1. a) Improve building code compliance

b)

  1. b) Cover operations during low project volume

c)

c) Fund for the upcoming and future projects

d)

d) Renovation of office

23.
  1. Operating profit is achieved when:

a)

  1. a) Employee count is high

b)

  1. b) Total income exceeds total expenses

c)

  1. c) Fewer to no loans are taken

d)

d) Total income is equal to expenses

24.
  1. Accrued expenses are:

a)

  1. a) Money paid before getting something

b)

  1. b) Bills the company already paid

c)

  1. c) Costs the company owes but hasn’t paid yet

d)

  1. d) Money the company will never have to pay

25.
  1. Overhead expenses include:

a)

  1. a) Site construction materials

b)

  1. b) Project-specific labor

c)

  1. c) Library use, office utilities, admin salaries

d)

  1. d) Consultant fees per project

26.
  1. Direct expenses usually include:

a)

  1. a) Electric and Internet bills

b)

  1. b) Office supplies and equipment

c)

  1. c) Consulting fees and travel for specific projects

d)

  1. d) Interest payments

27.
  1. Profit can accumulate through:

a)

  1. a) Hiring less employees

b)

  1. b) Spending from surplus in exchange for other’s surplus

c)

  1. c) Producing more value than consumed

d)

  1. d) Borrowing for new projects

28.
  1. A firm’s net worth equals:

a)

  1. a) Loans plus contracts

b)

  1. b) Assets minus liabilities

c)

  1. c) Total assets minus total liabilities

d)

d) Physical plants and Signed Contracts

29.
  1. What is a “note payable”?

a)

  1. a) Email from a supplier

b)

  1. b) Formal written promise to repay borrowed funds

c)

  1. c) Summary of past income signed by trusted Accountant of the Company

d)

  1. d) Inventory sheet

30.
  1. What is a practical benefit of earning surplus in architectural practice?

a)

  1. a) Wider scope of future projects

b)

  1. b) Business reinvestment and stability

c)

  1. c) More budget for office renovation

d)

  1. d) Exemption from taxation