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BOMI International RPA Capstone Experience Sample Questions:

1. A property manager is reporting on monthly variances to the asset manager of an office building. The annual budget for custodial expenses is $660,000. Lastmonth, custodial expenses were $61,000. What is the variance against the budget?

A) Negative variance of $6,000
B) Positive variance of $599,000
C) Negative variance of $599,000
D) Positive variance of $6,000

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

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

3. A property manager is performing a risk assessment of a business continuity plan. What type of plan is a business continuity plan?

A) Service plan
B) Disaster plan
C) Emergency plan
D) Backup plan

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) Amortization schedule, loan estimate, and quitclaim deed
B) Rent roll, cash receipts, and transfer of excess funds
C) Balance sheet, income statement, and financial audit
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) Income statement
B) Rent roll
C) Vacancy report
D) Delinquency report

Solutions: