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BOMI International RPA Capstone Experience Sample Questions:

1. Which time frameBESTreflects the budget reporting frequency required by most building owners?

A) Semi-annually
B) Monthly
C) Quarterly
D) Annually

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

3. In semi gross and net leases, a landlord implements an additional rent clause to recapture the increased cost of operating the building. What may be another reason for additional rent clause?

A) Hedge against inflation.
B) Allow landlord to collect late fees.
C) Maintain the equity value of the base rent dollar.
D) Ensure the property is well-maintained.

4. Which of the following is required under the Americans with Disabilities Act (ADA) for a commercial building?

A) A ramp must be installed if there are more than three steps at the building's entrance.
B) Elevators must be available in all buildings above three floors.
C) All signage must be in Braille, regardless of the size of the building.
D) Restrooms must be accessible, but only on the ground floor.

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

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

Solutions: