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BOMI International RPA Capstone Experience Sample Questions:

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

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

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

3. Which of the following government agencies oversees the overland shipping of hazardous materials?

A) Environmental Protection Agency (EPA)
B) Occupational Safety and Health Administration (OSHA)
C) Department of Defense (DOD)
D) Department of Transportation (DOT)

4. A property manager is looking to select an elevator service contractor. The property manager is concerned with needing emergency maintenance on weekends. Which assessment criteria would the property manager need to further consider in the selection process?

A) Sufficient workforce
B) Technical expertise
C) Facility inventory
D) Financial soundness

5. A high credit tenant desires to give back several thousand feet of space due to corporate downsizing. The tenant's lease is still in effect for six additional years, and the property manager has no contractual obligation to take back the space. What is the landlord'sBESToutcome?

A) Assignment
B) Condemnation
C) Sublease
D) Subordination

Solutions: