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BOMI International CAP-2101-20 Exam Syllabus Topics:

BOMI International RPA Capstone Experience Sample Questions:

1. A real estate services company has just been hired to provide property management services for a high- rise office building. As the property manager assigned to the building, what report should be created that incorporates the owner's objectives into a plan to operate the property?

A) Asset management plan
B) Narrative appraisal report
C) Pro forma
D) Building commissioning report

2. Which type of report should a property manager use to compare monthly revenue and expenses against budget?

A) Cost recovery report
B) Variance report
C) Cash flow report
D) Annual operating budget

3. An asset manager has been assigned the task of reviewing lease agreements for a portfolio of buildings that a client may acquire. All buildings are multi-tenant properties with low vacancy rates. What process should the asset manager use to verify tenant lease information and identify lease modifications that may impact acquisition price and transaction risk?

A) Appraisal
B) Asset management plan
C) Pro forma
D) Lease abstracting

4. A tenant in a multi-story, multi-tenant office building has requested dock access for furniture moving. Which item should the property manager request of the tenant's contractor before work begins?

A) Waiver of restoration
B) Performance bond
C) Certificate of insurance (COI)
D) Right of entry

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

Solutions: