NCARB Management Test with all Correct & 100%
Verified Answers |Guaranteed to Pass
Buisiness Organization ✔Correct Answer-the legal structure of an architectural firm
office organization ✔Correct Answer-the way the firm organizes itself to complete work
ethical standards ✔Correct Answer-the accepted principles of correct professional conduct
Human Resources ✔Correct Answer-The practices and legal responsibilities pertaining to
employing others
Business Development ✔Correct Answer-The use of marketing and public relations to
increase business
sole proprietorship ✔Correct Answer-Business owned by one entity. Simple to set up, risk is
on the owner.
Limited Partnership ✔Correct Answer-Contains a general partner (runs day to day business)
and a limited partner (no say in management, only invest) Both hold financial risks.
C corporation ✔Correct Answer-for large companies who have investors, this is difficult to
establish, although relieves owners/management of risk.
S corporation ✔Correct Answer-A small business corporation owned by no more than 75
individuals; its profits are taxed at the individual level rather than the corporate level
LLC (Limited Liability Company) ✔Correct Answer-Limited liability, pass through income
taxation, flexibility
LLP (Limited Liability Partnership) ✔Correct Answer-Risk is that liability is limited individually.
Standard of Care ✔Correct Answer-The level of skill and diligence that a reasonably prudent
architect would exercise in the same community, in the same time frame, and given the same or
similar facts and circumstances. DO NOT INCREASE STANDARD OF CARE IN CONTRACT!
Support Staff ✔Correct Answer-Employees other than the professional staff and senior
management that carry on day to day, company work. HR, Receptionist, Cleaners, etc.
AIA Code of Ethics ✔Correct Answer-General obligations, obligations to public, obligations to
the client, obligations to the professions, obligations to colleagues, obligations to the
environment.
Verified Answers |Guaranteed to Pass
Buisiness Organization ✔Correct Answer-the legal structure of an architectural firm
office organization ✔Correct Answer-the way the firm organizes itself to complete work
ethical standards ✔Correct Answer-the accepted principles of correct professional conduct
Human Resources ✔Correct Answer-The practices and legal responsibilities pertaining to
employing others
Business Development ✔Correct Answer-The use of marketing and public relations to
increase business
sole proprietorship ✔Correct Answer-Business owned by one entity. Simple to set up, risk is
on the owner.
Limited Partnership ✔Correct Answer-Contains a general partner (runs day to day business)
and a limited partner (no say in management, only invest) Both hold financial risks.
C corporation ✔Correct Answer-for large companies who have investors, this is difficult to
establish, although relieves owners/management of risk.
S corporation ✔Correct Answer-A small business corporation owned by no more than 75
individuals; its profits are taxed at the individual level rather than the corporate level
LLC (Limited Liability Company) ✔Correct Answer-Limited liability, pass through income
taxation, flexibility
LLP (Limited Liability Partnership) ✔Correct Answer-Risk is that liability is limited individually.
Standard of Care ✔Correct Answer-The level of skill and diligence that a reasonably prudent
architect would exercise in the same community, in the same time frame, and given the same or
similar facts and circumstances. DO NOT INCREASE STANDARD OF CARE IN CONTRACT!
Support Staff ✔Correct Answer-Employees other than the professional staff and senior
management that carry on day to day, company work. HR, Receptionist, Cleaners, etc.
AIA Code of Ethics ✔Correct Answer-General obligations, obligations to public, obligations to
the client, obligations to the professions, obligations to colleagues, obligations to the
environment.
