RICS APC Professional Practice

Question 1

What are the RICS 'Rules of Conduct' designed to ensure?

Accepted Answer

That RICS members and firms maintain the highest standards of professional and ethical conduct

Answer

Maximum profitability for surveyors

Answer

That surveyors only work on large projects

Answer

That all surveyors charge the same fees

Question 2

What does the RICS ethical principle of 'acting with integrity' require of a surveyor?

Accepted Answer

Being honest, open, and transparent in all professional dealings, and not misleading others

Answer

Always agreeing with clients

Answer

Only working for reputable clients

Answer

Charging the highest fees possible

Question 3

What is the purpose of Professional Indemnity Insurance (PII) for RICS members?

Accepted Answer

To provide financial protection against claims arising from negligent professional advice or services

Answer

To insure the surveyor's office building

Answer

To fund the surveyor's retirement

Answer

To cover employee salaries

Question 4

Under RICS standards, what must a surveyor do if they identify a conflict of interest?

Accepted Answer

Disclose the conflict to all affected parties and either manage it appropriately with informed consent or decline the instruction

Answer

Ignore it and continue working

Answer

Only disclose it if asked

Answer

Charge a higher fee to compensate

Question 5

What is a 'competency' in the context of the RICS APC?

Accepted Answer

A defined area of knowledge, skill, or expertise that candidates must demonstrate at specified levels

Answer

A legal qualification

Answer

A type of building survey

Answer

A financial audit requirement

Question 6

What is RICS' complaints handling procedure designed to achieve?

Accepted Answer

To provide a fair and transparent process for resolving disputes between RICS members/firms and their clients

Answer

To penalise surveyors automatically

Answer

To increase RICS membership fees

Answer

To promote specific surveying firms