BOMI International BI-RPACS CAP-2101-20

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BOMI International RPA Capstone Experience Sample Questions:

1. Property managers keep a database of all tenant and property reports. There is a potential tenant looking for a new space in a property manager's building, as well as a current tenant who wants to move into a larger vacant space within the same building. Which reportBESTsupports the property manager's decision based on available square footage, expiration dates, and vacancies?

A) Lease expiration report
B) Stepped rent report
C) Tenant profile
D) Rent roll

2. A property manager must prepare the annual budget to review current rents, increases, and lease expiration dates. As the property manager, they want to prepare the budget by looking up tenant names, suite numbers, square footage, and other physical details. Which document should the manager use to compare information with an easy-to-read overview of the property and its tenants?

A) Delinquency report
B) Vacancy report
C) Rent roll
D) Pro forma

3. In addition to standard commercial liability insurance, a lease requires auto coverage for tenant-owned vehicles that are parked on the property. Which document describes how the auto insurance will be added to the commercial liability coverage?
Options:

A) Endorsement
B) Insurance binder
C) Claim
D) Certificate of insurance (COI)

4. 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) Market comparable
C) Industry comparisons
D) Budget comparison and variances

5. 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?

A) Budget reconciliation
B) Funds from operation (FFO)
C) Rent roll
D) Pro forma

Solutions: