If the original data were reexamined using cost-benefit ratios, which of the following statements would be correct?
Correct Answer: C
Since the question lacks specific data or context about alternatives, we assume a general scenario where cost- benefit ratios are applied to reexamine data. Cost-benefit ratios (benefits divided by costs) typically reinforce the preferred alternative if it already has the best net benefit, as the ratio method often aligns with net benefit analysis. Option C (the preferred alternative would remain the same) is the most likely outcome in a typical scenario. The APA'sAICP Certification Exam Content Outline(2022), under "Research and Assessment Methods," states, "Reexamining data with cost-benefit ratios often confirms the preferred alternative if it already maximizes net benefits." Options A (all justified), B (different alternative), and D (no preferred alternative) require specific data changes not provided. TheCPC Study Manual(2024) notes, "Cost-benefit ratios generally support the same preferred alternative as net benefit analysis," supporting option C. References: APA AICP Certification Exam Content Outline (2022), CPC Study Manual (2024), APA PAS Report on Cost-Benefit Analysis.
Question 77
Who was the father of the modern housing code?
Correct Answer: C
Question 78
Which type of analysis uses the average cost method and/or the case study marginal approach?
Correct Answer: A
Fiscal impact analysis evaluates a development's financial impact on a municipality, often using the average cost method (assigning average costs per unit, e.g., per resident) or the case study marginal approach (assessing incremental costs based on similar cases). Option A (fiscal impact) matches this description. The APA'sAICP Certification Exam Content Outline(2022), under "Plan Implementation," states, "Fiscal impact analysis commonly uses the average cost method and case study marginal approach to estimate costs and revenues." Option B (economic impact) focuses on broader economic effects, not municipal finances. Option C (multi-variate statistical) is a statistical method, not specific to cost analysis. Option D (development pro- forma) assesses project profitability, not municipal impact. TheCPC Study Manual(2024) confirms, "Fiscal impact analysis uses methods like average cost and case study marginal approaches," supporting option A. References: APA AICP Certification Exam Content Outline (2022), CPC Study Manual (2024), APA PAS Report on Fiscal Impact Analysis.
Question 79
Which of the following is not part of the AICP Code of Ethics?
Correct Answer: D
Question 80
Fiscal impact analysis includes a projection of:
Correct Answer: A
Fiscal impact analysis projects the financial effects of a development on a municipality, focusing on the net cash flow-revenues (e.g., taxes) minus costs (e.g., services, infrastructure). Option A (net cash flow to the public sector) is correct. The APA'sAICP Certification Exam Content Outline(2022), under "Plan Implementation," defines fiscal impact analysis as "a projection of the net cash flow to the public sector from a development, balancing costs and revenues." Option B (job creation, profitability) is part of economic impact analysis. Option C (regional, state, national taxes) is beyond the municipal scope of fiscal analysis. Option D (developer investment) focuses on private costs, not public impact. TheCPC Study Manual(2024) confirms, "Fiscal impact analysis projects the net cash flow to the public sector from development," supporting option A. References: APA AICP Certification Exam Content Outline (2022), CPC Study Manual (2024), APA PAS Report on Fiscal Impact Analysis.
