AM APC Questions Bank

Question 1

How does governing ensure the members are trusted to provide high levels of expertise?

Question 2

What are the three key stages of the Ethics decision tree?

Answer 2

Do I have enough information to make an ethical decision?
Peer review - consult with others
- Helps to reduce the risk of unconscious bias
- Helps confirm the balance and objectivity of SWOT analysis
‘Press test’ - how would the public perceive my decision?

Question 3

Provide an example of when you have used the decision tree

Question 4

What are the differences and definitions of the five buzzwords:
 Integrity
 Respect
 Responsibility
 Trust
 Service

Answer 4

Integrity: Acting honestly, transparently, and adhering to high ethical standards in all professional activities and decisions.
Respect: Treating others with dignity, valuing diversity of perspectives, and maintaining professional courtesy in all interactions.
Responsibility: Taking ownership of actions, being accountable for outcomes, and fulfilling professional obligations with diligence.
Trust: Building and maintaining confidence through consistent demonstration of reliability, competence, and ethical behaviour.
Service: Prioritising client needs and public interest, delivering high-quality professional work, and contributing positively to the profession and community.

Question 5

What are the five RICS Rules of Conduct and can you provide examples of how you apply each in your daily work?

Answer 5

Members and Firms must:
Act with honesty and integrity - not changing a valuation for a client without market evidence
Maintain professional competency - identify limitations in ability and seek advice or pass to someone more competent
Provide good quality and diligent service - establishing client needs C objectives at the beginning of instruction

Answer 6

Encourage diversity and inclusion - being inclusive in professional settings
Act in the public interest and maintain public confidence - work in alignment with legal and RICS regulations

Question 7

Can you explain the RICS Ethics Decision Tree and how you would use it in a practical situation?

Answer 7

Framework for ethical decision-making Considers legality of actions
Checks consistency with Rules of Conduct
Tests if you’d be comfortable with actions being made public
Example: If asked to adjust a valuation without evidence, use tree to assess compliance with regulations and standards

Question 8

What does acting with integrity mean to you in your professional practice?

Answer 8

Being honest and straightforward in actions Maintaining independence and objectivity
Not compromising professional standards under pressure

Question 9

How would you respond if a client asked you to do something that conflicts with the RICS Rules of
Conduct?

Answer 9

Explain why the request conflicts with professional obligations
Offer alternative legal and ethical approaches
Be prepared to decline the instruction if necessary

Question 10

What is your understanding of the RICS Professional Standard on Countering Bribery and Corruption?

Answer 10

Provides guidance on identifying and managing bribery/corruption risks
Defines what constitutes a bribe Outlines required procedures for firms
Specifies reporting obligations for RICS members