CCIM 101 FINANCIAL ANALYSIS –
QUESTIONS AND CORRECT
ANSWERS (LATEST VERIFIED
CONTENT)
•
1. Central Place Theory - <<<<<CORRECT
ANSWER >>>>>>-A theory that explains the
distribution of services, based on the fact that settlements
serve as centers of market areas for services; larger
settlements are fewer and farther apart than smaller
settlements and provide services for a larger number of
people who are willing to travel farther.
2. Population to employment ratio (PER) -
<<<<<CORRECT ANSWER >>>>>>-
Total population/ total employment
3. PER - <<<<<CORRECT ANSWER
>>>>>>-For every 1 person working there are only 2
working (3 PER)
4. Location Quotient (LQ) - <<<<<CORRECT
ANSWER >>>>>>-e (local) / E (national)
, 5. EBM - <<<<<CORRECT ANSWER
>>>>>>-Total employment/ basic employment in
community
6. Factors in apartment market area delineation -
<<<<<CORRECT ANSWER >>>>>>-
household linkage patterns, household psychographics,
competitive facilities, physical and psychological barriers
7. location analysis for an office use usually examines -
<<<<<CORRECT ANSWER >>>>>>-
the general area around a site or a general submarket
area
8. location analysis for an industrial use usually examines -
<<<<<CORRECT ANSWER >>>>>>-
the general area around the site or a general submarket
area
9. market analysis is important to the investor because -
<<<<<CORRECT ANSWER >>>>>>-it
provides the data necessary to perform a strategic
analysis
10. strategic analysis - <<<<<CORRECT
ANSWER >>>>>>-the process of determining
whether the market will support a particular use at a
particular site so it is profitable is called
QUESTIONS AND CORRECT
ANSWERS (LATEST VERIFIED
CONTENT)
•
1. Central Place Theory - <<<<<CORRECT
ANSWER >>>>>>-A theory that explains the
distribution of services, based on the fact that settlements
serve as centers of market areas for services; larger
settlements are fewer and farther apart than smaller
settlements and provide services for a larger number of
people who are willing to travel farther.
2. Population to employment ratio (PER) -
<<<<<CORRECT ANSWER >>>>>>-
Total population/ total employment
3. PER - <<<<<CORRECT ANSWER
>>>>>>-For every 1 person working there are only 2
working (3 PER)
4. Location Quotient (LQ) - <<<<<CORRECT
ANSWER >>>>>>-e (local) / E (national)
, 5. EBM - <<<<<CORRECT ANSWER
>>>>>>-Total employment/ basic employment in
community
6. Factors in apartment market area delineation -
<<<<<CORRECT ANSWER >>>>>>-
household linkage patterns, household psychographics,
competitive facilities, physical and psychological barriers
7. location analysis for an office use usually examines -
<<<<<CORRECT ANSWER >>>>>>-
the general area around a site or a general submarket
area
8. location analysis for an industrial use usually examines -
<<<<<CORRECT ANSWER >>>>>>-
the general area around the site or a general submarket
area
9. market analysis is important to the investor because -
<<<<<CORRECT ANSWER >>>>>>-it
provides the data necessary to perform a strategic
analysis
10. strategic analysis - <<<<<CORRECT
ANSWER >>>>>>-the process of determining
whether the market will support a particular use at a
particular site so it is profitable is called
