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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:

A) Host a broker open house to introduce the partnership's plans for the building.
B) Place an advertisement in the local business press detailing the intentions of the partnership.
C) Enroll the building in the EPA's Energy Star Program to validate the building's energy efficiency.
D) Open the building to public tours to display ideas and encourage feedback.

2. A property manager is reviewing the annual operating budget for a commercial office building. The building's budget for energy costs is projected to be $200,000, but actual expenses for the year were $250,000. What action should the property manager take to address this overage?

A) Reduce the property's reserve fund to cover the additional costs.
B) Report the overage in the monthly financial statement and recommend a review of energy efficiency measures.
C) Reallocate the overage from the building's capital improvements budget.
D) Ignore the overage, as it was within the allowable 10% variance.

3. A property manager is evaluating the financial performance of their portfolio. There are various ways to evaluate performance, but they will begin with evaluating actual operations and budgeted projections. The property manager requested that any difference greater than $5,000 or 5% of the budgeted amount must be explained. Which standard performance comparisonBESTdescribes this step?

A) Prior year comparisons
B) Industry comparisons
C) Budget comparison and variances
D) Market comparable

4. A property manager is working on constructing a new building that has a proposed height of one hundred feet.
Which of the following codes should the managerFIRSTaddress to get the building built?

A) Zoning
B) Structural
C) Engineering
D) Building

5. Which of the following is LEAST likely to be an asset manager's responsibility?

A) Drafting preventative maintenance schedules
B) Overseeing property managers
C) Making property financing recommendations
D) Developing an asset plan

Solutions: