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BOMI International RPA Capstone Experience Sample Questions:

1. Which of the following would be the most effective risk management tool for mitigating potential injury claims in a multi-tenant office building?

A) Conducting monthly safety inspections and addressing any hazards immediately.
B) Requiring all tenants to purchase their own liability insurance.
C) Ensuring that the building's insurance policy covers liability for tenant injuries.
D) Reducing the cost of maintenance services to cut expenses.

2. An investment firm recently purchased an office building and hired a property manager to operate the building. The property manager is evaluating whether to recommend replacement of single-pane windows with new energy-efficient windows for the entire building. The investment firm's desired rate of return is
12.5%, the project will cost $1,250,000, and the property manager estimates that the new windows will save
$125,000 in energy costs per year.
What is the payback period, and how much will the value of the building increase if the project is implemented?

A) The payback period is 12.5 years, and the increase in value is $1,000,000.
B) The payback period is 10 years, and the increase in value is $1,000,000.
C) The payback period is 12.5 years, and the increase in value is $15,625.
D) The payback period is 10 years, and the increase in value is $156,250.

3. What is the certification that is essential to marketing a building for sale or lease that requires property managers to first create a baseline to quantify gains in operational efficiency?

A) Green Seal Certification (GSC)
B) Leadership in Energy and Environmental Design (LEED)
C) Energy management control system (EMCS)
D) Building Research Establishment's Environmental Assessment Method (BREEAM)

4. An investment firm hires an asset manager to oversee the financial performance of a property. The asset manager requests from the property manager a monthly reporting package. Which of the followingBEST exemplifies components of a typical reporting package?

A) Balance sheet, income statement, and financial audit
B) Rent roll, cash receipts, and transfer of excess funds
C) Amortization schedule, loan estimate, and quitclaim deed
D) Internal rate of return, statement of present value, and depreciation analysis

5. What is the name of the report the property manager should review monthly in order to verify that all tenants have fully paid and have zero account balances?

A) Rent roll
B) Delinquency report
C) Vacancy report
D) Income statement

Solutions: