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APC > MANDATORY QUESTIONS- Incorporated Into Submission > Flashcards

MANDATORY QUESTIONS- Incorporated Into Submission Flashcards

1
Q

What is the difference between a balance sheet and a profit and loss statement?

A

Tbc

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2
Q

You say you were a member of a diversity board, what was that and how did it encourage diversity & inclusion?

A
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3
Q

What’s the difference between managed and audited accounts?

A
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4
Q

What’s the difference between Arbitrator and expert witness?

A
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5
Q

What is an inclusive environment?

A
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6
Q

What is unconscious bias?

A
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7
Q

Talk me through the risk assessment you undertook when inspecting.

A
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8
Q

What guidance do you follow when inspecting buildings?

A
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9
Q

What data is required in your office and what electronic data is held in your office?

A
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10
Q

What is an Automated Valuation Model? What are their strengths and weaknesses?

A
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11
Q

What is the definition of Security of Data?

A
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12
Q

How can you ensure data security?

A
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13
Q

What are the personal data principles of GDPR?

A
  • Processed lawfully, fairly and in a transparent manner
  • Accurate, and when necessary, kept up to date
  • Kept in form that permits identification of data, for no longer than necessary
  • Processed in a manner that ensures appropriate security of the personal data
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14
Q

How long do you need to keep old files for?

A
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15
Q

How long do you need to keep old files for?

A
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16
Q

What legislation relates to the disposal of old files?

A

The Limitation Act 1980

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17
Q

How much a request be made by a member if the public under the FOI ACT 2000?

A

In writing.

Public bodies have 20 days to respond.

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18
Q

What legislation specifically relates to data held by public bodies?

A

The Freedom of Information Act 2000.

19
Q

What individual rights exist under GDPR?

A

Right to be Informed
Right of Access
Right to Rectification
Right to Erasure
Right to Restrict Processing
Right to Data Portability
Right to Object

20
Q

What data is affected by GDPR?

A

Personal data, including identifiers such as an IP address
Sensitive personal data, including genetic data
Electronic data
Manual data, including business cards or written records

21
Q

What impact can sustainability have on potential clients and tenants?

A
22
Q

What is the minimum energy efficiency a property should reach?

A
23
Q

What is an EPC?

A
24
Q

Tell me more about the RICS Guidance Note on Sustainability and ESG.

A
25
Q

Tell me more about the RICS Guidance Note on Sustainability and ESG.

A
26
Q

Are any buildings exempt from EPCs?

A
27
Q

What actions do you and the agency take to try and be sustainable?

A
28
Q

In the RICS Professional Statement on COI - what are the three types of conflicts noted?

A
29
Q

What is the VOA Complaints Handling Procedure?

A
30
Q

How do you carry out COI checks- what would you do if you found a conflict? Is it possible to proceed? What guidance could you refer to?

A
31
Q

Can you explain your experience of conflict avoidance?

A
32
Q

Can you explain your experience of conflict avoidance?

A
33
Q

What are the various dispute resolution procedures? Are they binding?

A
34
Q

Why as a surveyor do you need to have basic understanding of accounting principles?

A
35
Q

What is the profits test - how would you carry it out?

A
36
Q

Would you advise a client in regard to a financial status of a company?

A
37
Q

What are the main requirements of the Health and Safety Act 1974?

A
38
Q

What is the difference between a hazard and a risk? Can you name any examples?

A
39
Q

What is the UK Generally Accepted Practice, and the RICS
Applications (VPGA) 1 – Valuation for inclusion and financial statements?

A
40
Q

What is the RICS Conflict Avoidance Pledge?

A
41
Q

What is the Equality Act 2010?

A
42
Q

What is the approved Document M?

A
43
Q

How do you incorporate sustainability considerations into your valuations?

A
44
Q

How do you approach market rent valuations in a fluctuating market?

A

APC (10 decks)

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