Already Graded A+ Premium Exam Tested And Verified
Subject Area MACS 609 CERTIFICATION
Description Exam compiled from the shared exam library.
Expected Grade A+
Total Questions 200
Duration 3 hours
Learning Outcomes 1. Demonstrate mastery of core concepts
Accreditation Sourced from the shared exam library.
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,1. Brainstorming and focus groups are a big part of this style of management.
A. Coercive
B. Dictatorial
C. Laissez-faire
D. Participatory
Answer: D. Participatory
2. - ...ANSWER...No intent needs to be proven Rich is a sole proprietor who has no
staff. If he grows his business to a four-agent firm, which of the following can he
expect?
A. Increased revenue Which of the following is an industry trend that a brokerage should
track?
B.
C.
D.
Answer: A. Increased revenue Which of the following is an industry trend that a
brokerage should track?
3. - ...ANSWER...Networking The Texas Deceptive Trade Practices-Consumer
Protection Act (DTPA) protects consumers against real estate licensees who ______. -
...ANSWER...Use lies, misrepresentations, fraud, or other deceptive practices or acts
to advertise or sell real estate Who has the most valuable information about your
firm's operations to assist in identifying potential risk?
A. You and your staff Dominic works for Omen Brokerage. He's responsible for supervising
the activities of licensees and unlicensed employees at the office. In which staffing category
does his position fall?
B.
C.
D.
Answer: A. You and your staff Dominic works for Omen Brokerage. He's
responsible for supervising the activities of licensees and unlicensed employees at
the office. In which staffing category does his position fall?
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,4. financial analysis -
A. tells you which of your ventures, geographic regions, and even licensees generate the
most (or the least) profit
B.
C.
D.
Answer: A. tells you which of your ventures, geographic regions, and even licensees
generate the most (or the least) profit
5. - ...ANSWER...It provides a strategic method for accomplishing set business goals.
What's a downside for a brokerage that opts for a national affiliation?
A. Less decision-making authority James is placing a listing ad for a soon-to-be-built
expensive home in a gated community. He includes the words "exclusive" and
"ultra-conservative community" in his ad. Is James in danger of violating fair housing law?
B.
C.
D.
Answer: A. Less decision-making authority James is placing a listing ad for a
soon-to-be-built expensive home in a gated community. He includes the words
"exclusive" and "ultra-conservative community" in his ad. Is James in danger of
violating fair housing law?
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, 6. - ...ANSWER...sustainability A ______ is a budget prepared by a department
that's been given the responsibility of generating enough income to cover an
allocated portion of the firm's budget and make a profit. - ...ANSWER...profit center
budget Broker Matt is evaluating the hardware and software needs of his new
brokerage. Which of the following statements regarding hardware and software
considerations is true?
A. The software will determine the performance requirements of the hardware. Danny is
willing to take on some risk with his new brokerage, but he wants the support and brand
recognition of an established company. Why type of brokerage is Danny considering?
B.
C.
D.
Answer: A. The software will determine the performance requirements of the
hardware. Danny is willing to take on some risk with his new brokerage, but he
wants the support and brand recognition of an established company. Why type of
brokerage is Danny considering?
7. - ...ANSWER...price levels Which of the following statements is true about a
business plan?
A. The business plan should state your mission, set goals for your business, and develop a
clear picture about the products services you offer. Monty is advertising a number of listings
in the local newspaper and includes the fair housing logo in the ad. What else is required?
B.
C.
D.
Answer: A. The business plan should state your mission, set goals for your
business, and develop a clear picture about the products services you offer. Monty
is advertising a number of listings in the local newspaper and includes the fair
housing logo in the ad. What else is required?
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