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Florida Real Estate Broker Exam Correct 100%!!

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Technical skills - ANSWER Skills that include time management, preparing Cmas, and completing contracts. Desk cost - ANSWER Dividing total office expenses by number of sales associates Institutional advertising - ANSWER Advertising that describes the firm, its personnel, and its services. Fixed expense - ANSWER Occupancy costs are an example of what type of expenses? Cash basis accounting - ANSWER What is the most simple type of accounting and is used by most small business taxpayers? 100 sqft - ANSWER What is the minimum amount of sqft a sales associate should have for office space? Managing by exception - ANSWER When a broker compare the results of his income and expense statements with the budget, finds variances, and takes corrective action, he is using what philosophy of management? Business plan - ANSWER A document that provides direction for an organization as well as all the steps and procedures involved in accomplishing its goals. January 31 - ANSWER What is the latest date that a broker can give thier employees w-2 forms and give thejr associates form 1099 for the previous year? Variable expense - ANSWER What type of expense are commissions paid to sales


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