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BOMI International RPA Capstone Experience Sample Questions (Q42-Q47):
NEW QUESTION # 42
A property manager needs to select a new vendor for landscaping services for a high-rise office building.
Which of the following should be the property manager's primary criteria when evaluating the vendor?
Answer: A
NEW QUESTION # 43
An asset manager has requested the assistance of a property manager with financial analysis of a potential property acquisition. The asset manager wants to know the estimated annual net operating income (NOI) that the property will contribute to the portfolio. Which of the following reports isMOSThelpful for the asset manager?
Answer: D
Explanation:
Thepro formais a financial report used to estimate the future income, expenses, and operating costs, including the projected net operating income (NOI) for a property. It would be the most useful for estimating the annual NOI that will contribute to the portfolio.
NEW QUESTION # 44
What is the FIRST step in the Plan-Do-Check-Act (PDCA) continuous improvement process as it relates to maintaining compliance with sustainability certifications and related legal requirements?
Answer: D
Explanation:
Analysis:
ThePDCA cyclestands for:
* Plan- Identify a problem or opportunity and plan a change.
* Do- Implement the change on a small scale.
* Check- Measure and assess the results.
* Act- If successful, implement on a larger scale or adjust as needed.
So, thefirst stepis toidentify the issuethat needs improvement - in this context, an environmental issue related to compliance.
NEW QUESTION # 45
A property manager was recently hired to oversee a portfolio of properties. The property manager would like to become familiar with the terms of the leases and is reviewing the lease abstracts for this information. The previous property manager is a former colleague and someone who the current property manager knows quite well. What is best practice when assuming the role of a property manager to determine theMOSTaccurate lease terms?
Answer: B
Explanation:
The best practice for determining the most accurate lease terms is to compare thelease abstractto thelease itself, as it will provide the most direct and accurate information.
NEW QUESTION # 46
A property manager is performing a risk assessment of a business continuity plan. What type of plan is a business continuity plan?
Answer: A
Explanation:
Abusiness continuity planis a type ofdisaster plandesigned to ensure that essential business functions can continue during and after a major disruption (such as a natural disaster or system failure). It focuses on minimizing downtime and maintaining operations.
NEW QUESTION # 47
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