PCM Test Questions with all Correct & 100% Verified
Answers |Latest Version |Already Graded A+
What must an architect posses to pursue reciprocal licensure in another state? ✔Correct
Answer-An NCARB certificate is sufficient and some states require additional testing
Why would an architect avoid the phrase "with the highest standards" in a contract?
✔Correct Answer-An architect's liability may increase or the professional work may be
uninsurable
How does public relations differ from marketing? ✔Correct Answer-This kind of firm
promotion is not project-centric.
What are the five most important changes made to the 1909 American Institute of Architect's
Code of Ethics? ✔Correct Answer--Compete for projects on the basis of fee advertise, -
Replace another architect on a project
-Engage in design-build projects
-Offer free design services to secure a commission
What is the purpose of an Employer Identification Number (EIN)? ✔Correct Answer-It is
assigned by the Internal Revenue Service and is used for filing taxes and communicating with
the IRS.
What is the main advantage of a studio office organization versus a departmental office
organization? ✔Correct Answer-This form of firm organization provides the best opportunity
for group problem-solving.
What is an overhead rate? ✔Correct Answer-This ratio of total office overhead to total direct
labor determines this measure of financial strength of an office.
What are the two types of accounting used in an architectural firm? ✔Correct Answer-
General ledger and project cost are used for this purpose in an architecture firm.
Balance sheets are used to show what elements of the financial condition of a firm? ✔Correct
Answer-These are summaries of all assets and liabilities in an office.
What are the other names for professional liability insurance? ✔Correct Answer-The terms
Malpractice Insurance and Errors and Omissions are often substituted
What are the implied duties of an architect? ✔Correct Answer--Cooperating with contractors
-Assisting the owner in coordinating the work
-Not interfering with the contractor's work
, -Giving relevant information to contractors
What are the four steps to make sure the firm's accounts receivable are being paid in a timely
manner? ✔Correct Answer--Contract terms
-Timely billing
-Complete invoices
-Regular procedures for tracking accounts
If a firm pays an employee 50 dollars per hour and the net multiplier of that firm is 3, what is
the billing rate for that employee? ✔Correct Answer-A billing rate of 150 dollars would be
determined by what combination of figures if the employee is paid 50 dollars per hour.
What, if any, insurance is the owner obligated to have according to the AIA document A201
General Conditions of the Contract for Construction? ✔Correct Answer--Liability Insurance
-Property Insurance
-Boiler and machinery insurance
What are the three commonly used, viable defenses when an architect is sued for liability
and/or negligence? ✔Correct Answer--Betterment
-Statute of limitations
-Statute of repose
The owner of an architecture firm might manage firm overhead by controlling what specific
consts? ✔Correct Answer--Non-billable labor
-Non-labor direct expences
-Outsourced expenses
-Postage and delivery
-Local travel expenses
-Presentation materials
What does it imply if a firm is carrying a bill for longer than 90 days? ✔Correct Answer-The
firm is effectively loaning money interest-free if this is happening
What is the accounting term for a bill to the firm for office supplies? ✔Correct Answer-A
liability in this part of the firms accounting.
What does the net profit before tax include? ✔Correct Answer-Total annual revenue minus
consultant fees and reimbursable expenses are part of this number.
What is the concept of privity? ✔Correct Answer-As defined in the American Institute of
Architects document !201, General Conditions of the Contract for Construction this is the term
that holds architects harmless from claims by parties with whom they have no direct contract.
What are the four levels of LEED certification? ✔Correct Answer--Certified
Answers |Latest Version |Already Graded A+
What must an architect posses to pursue reciprocal licensure in another state? ✔Correct
Answer-An NCARB certificate is sufficient and some states require additional testing
Why would an architect avoid the phrase "with the highest standards" in a contract?
✔Correct Answer-An architect's liability may increase or the professional work may be
uninsurable
How does public relations differ from marketing? ✔Correct Answer-This kind of firm
promotion is not project-centric.
What are the five most important changes made to the 1909 American Institute of Architect's
Code of Ethics? ✔Correct Answer--Compete for projects on the basis of fee advertise, -
Replace another architect on a project
-Engage in design-build projects
-Offer free design services to secure a commission
What is the purpose of an Employer Identification Number (EIN)? ✔Correct Answer-It is
assigned by the Internal Revenue Service and is used for filing taxes and communicating with
the IRS.
What is the main advantage of a studio office organization versus a departmental office
organization? ✔Correct Answer-This form of firm organization provides the best opportunity
for group problem-solving.
What is an overhead rate? ✔Correct Answer-This ratio of total office overhead to total direct
labor determines this measure of financial strength of an office.
What are the two types of accounting used in an architectural firm? ✔Correct Answer-
General ledger and project cost are used for this purpose in an architecture firm.
Balance sheets are used to show what elements of the financial condition of a firm? ✔Correct
Answer-These are summaries of all assets and liabilities in an office.
What are the other names for professional liability insurance? ✔Correct Answer-The terms
Malpractice Insurance and Errors and Omissions are often substituted
What are the implied duties of an architect? ✔Correct Answer--Cooperating with contractors
-Assisting the owner in coordinating the work
-Not interfering with the contractor's work
, -Giving relevant information to contractors
What are the four steps to make sure the firm's accounts receivable are being paid in a timely
manner? ✔Correct Answer--Contract terms
-Timely billing
-Complete invoices
-Regular procedures for tracking accounts
If a firm pays an employee 50 dollars per hour and the net multiplier of that firm is 3, what is
the billing rate for that employee? ✔Correct Answer-A billing rate of 150 dollars would be
determined by what combination of figures if the employee is paid 50 dollars per hour.
What, if any, insurance is the owner obligated to have according to the AIA document A201
General Conditions of the Contract for Construction? ✔Correct Answer--Liability Insurance
-Property Insurance
-Boiler and machinery insurance
What are the three commonly used, viable defenses when an architect is sued for liability
and/or negligence? ✔Correct Answer--Betterment
-Statute of limitations
-Statute of repose
The owner of an architecture firm might manage firm overhead by controlling what specific
consts? ✔Correct Answer--Non-billable labor
-Non-labor direct expences
-Outsourced expenses
-Postage and delivery
-Local travel expenses
-Presentation materials
What does it imply if a firm is carrying a bill for longer than 90 days? ✔Correct Answer-The
firm is effectively loaning money interest-free if this is happening
What is the accounting term for a bill to the firm for office supplies? ✔Correct Answer-A
liability in this part of the firms accounting.
What does the net profit before tax include? ✔Correct Answer-Total annual revenue minus
consultant fees and reimbursable expenses are part of this number.
What is the concept of privity? ✔Correct Answer-As defined in the American Institute of
Architects document !201, General Conditions of the Contract for Construction this is the term
that holds architects harmless from claims by parties with whom they have no direct contract.
What are the four levels of LEED certification? ✔Correct Answer--Certified
