RECA FUNDAMENTALS (2025) EXAM QUESTIONS AND ALL CORRECT AN
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
1. Which of the fol- Spatial Information System (Spin 2)
lowing is NOT a
RECA education-
al resource for
industry profes-
sionals?
2. Which entity has Provincial Legislature
the authority to
amend the Real
Estate Act
3. Which of the fol- Consumer Price Index (CPI)
lowing measures
the change in a
cost of a fixed
basket of goods
and services pur-
chased by fami-
lies over a period
of time
4. Which of the fol- an increase in quantity supplied
lowing will occur
to the supply of a
good when there
is a change in
quantity supplied
due to a price in-
crease?
, RECA FUNDAMENTALS (2025) EXAM QUESTIONS AND ALL CORRECT AN
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
5. Microeconics studies the basic theories of supply and demand as it relates to individuals,
households and firms
6. Resource Mar- facilitate the exchange of factors of production
kets
7. What causes change in tastes, expectations, and number of consumers
the quantity de-
manded to shift?
8. benefits of eco- depletion of natural resources
nomic growth
9. Real Property Re- document produced by Alberta Land Surveyor
port
10. Which of the fol- cost of production
lowing is not a
non-price deter-
minant of de-
mand
11. What type of mixed economy
economy does
Canada have?
12. Benefits of RE- - effective record keeping and administrative procedures
CAS trust assur- - education and advice in relation to brokerage trust accounting
ance and practice - identifies and resolves potential problems regarding brokerage trust accounting
review program requirements
13. Responsibilities
of RECA
, RECA FUNDAMENTALS (2025) EXAM QUESTIONS AND ALL CORRECT AN
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
- Handling professional conduct review
- establishing industry standards of practice
- issuing authorization to trade in real estate
14. Four factors of land, labor, capital, entrepreneurship
production
15. RECA provides - financial reports
the following an- - industry statistics
nual reports - reports for the previous year
16. The structure of - local real estate boards
real estate in Al- - alberta real estate association
berta includes; - canadian real estate association
17. Referral defini- The act of recommending or directing a person for service to another person or
tion business
- brokerage is responsible for paying and receiving remuneration in connection
to trade
18. RECAS profes- - gather all relevant information
sional conduct - treat parties fairly
review Objects -gather information efficiently
19. Amendments to - can be made by provincial legislature with recommendations by the Minister of
the Act Service Alberta
20. Amendments to The rules contain the day to day activities
the rules - council has the authority to create and amend
21. Executive Direc- - determines the length of suspension
tor can suspend - serves the decision on the industry professional
license - will consider the evidence when making the decision
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
1. Which of the fol- Spatial Information System (Spin 2)
lowing is NOT a
RECA education-
al resource for
industry profes-
sionals?
2. Which entity has Provincial Legislature
the authority to
amend the Real
Estate Act
3. Which of the fol- Consumer Price Index (CPI)
lowing measures
the change in a
cost of a fixed
basket of goods
and services pur-
chased by fami-
lies over a period
of time
4. Which of the fol- an increase in quantity supplied
lowing will occur
to the supply of a
good when there
is a change in
quantity supplied
due to a price in-
crease?
, RECA FUNDAMENTALS (2025) EXAM QUESTIONS AND ALL CORRECT AN
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
5. Microeconics studies the basic theories of supply and demand as it relates to individuals,
households and firms
6. Resource Mar- facilitate the exchange of factors of production
kets
7. What causes change in tastes, expectations, and number of consumers
the quantity de-
manded to shift?
8. benefits of eco- depletion of natural resources
nomic growth
9. Real Property Re- document produced by Alberta Land Surveyor
port
10. Which of the fol- cost of production
lowing is not a
non-price deter-
minant of de-
mand
11. What type of mixed economy
economy does
Canada have?
12. Benefits of RE- - effective record keeping and administrative procedures
CAS trust assur- - education and advice in relation to brokerage trust accounting
ance and practice - identifies and resolves potential problems regarding brokerage trust accounting
review program requirements
13. Responsibilities
of RECA
, RECA FUNDAMENTALS (2025) EXAM QUESTIONS AND ALL CORRECT AN
SWERS 100% SOLVED AND GUARANTEED SUCCESS!!
- Handling professional conduct review
- establishing industry standards of practice
- issuing authorization to trade in real estate
14. Four factors of land, labor, capital, entrepreneurship
production
15. RECA provides - financial reports
the following an- - industry statistics
nual reports - reports for the previous year
16. The structure of - local real estate boards
real estate in Al- - alberta real estate association
berta includes; - canadian real estate association
17. Referral defini- The act of recommending or directing a person for service to another person or
tion business
- brokerage is responsible for paying and receiving remuneration in connection
to trade
18. RECAS profes- - gather all relevant information
sional conduct - treat parties fairly
review Objects -gather information efficiently
19. Amendments to - can be made by provincial legislature with recommendations by the Minister of
the Act Service Alberta
20. Amendments to The rules contain the day to day activities
the rules - council has the authority to create and amend
21. Executive Direc- - determines the length of suspension
tor can suspend - serves the decision on the industry professional
license - will consider the evidence when making the decision
