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CAP-2101-20 Exam Actual Questions & Study CAP-2101-20 Group

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BOMI International RPA Capstone Experience Sample Questions (Q72-Q77):

NEW QUESTION # 72
A property manager is required to administer many types of leases. Which of the following leases requires the tenant to pay theMOSTexpenses?
Options:

A. Absolute net
B. Double net
C. Triple-net (NNN)
D. Industrial gross

Answer: A

Explanation:
Anabsolute net leaserequires the tenant to payallexpenses associated with the property - including property taxes, insurance, maintenance, repairs, and sometimes even structural repairs or roof replacement. This is more extensive than a triple-net (NNN) lease, where the tenant pays taxes, insurance, and maintenance, but not necessarily major capital expenses.

NEW QUESTION # 73
A property manager has been given the responsibility for hiring and managing a leasing team. Which of the following is the MOST important to improve leasing outcomes?

A. Monitor performance and report to ownership.
B. Determine an appropriate compensation structure.
C. Provide an adequate budget for marketing materials.
D. Set obtainable goals.

Answer: D

Explanation:
Analysis:
* A.A good compensation structure is important but doesn't guarantee performance or direction.
* B.Monitoring and reporting is amanagement task, not a direct performance improvement strategy.
* C.A marketing budget is supportive butnot sufficienton its own to improve outcomes.
* D.#Setting obtainable goalsgives the team a clear direction, measurable targets, and motivation - all of which arecritical for improving leasing outcomes.

NEW QUESTION # 74
The heating, ventilating, and air-conditioning (HVAC) technician and the electrician of a commercial property have different opinions on a critical building repair. During which stage of team development should the building manager expect this type of behavior?
Options:

A. Forming
B. Performing
C. Storming
D. Norming

Answer: D

Explanation:
Analysis:
TheTuckman model of team developmentincludes the following stages:
* Forming- Team meets, roles unclear, polite interactions.
* Storming-#Conflicts and disagreements arise as individuals assert opinions.
* Norming- Team starts to resolve conflicts and work more cohesively.
* Performing- Team functions at a high level with collaboration and trust.
Disagreement between team members is a classic characteristic of theStormingphase.

NEW QUESTION # 75
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. Market comparable
B. Prior year comparisons
C. Industry comparisons
D. Budget comparison and variances

Answer: D

Explanation:
The question describes a comparison betweenactual operations and budgeted projections, with a focus on identifying and explainingdifferences or variances. This is precisely whatbudget comparison and variance analysisis used for - tracking discrepancies between budgeted and actual results.

NEW QUESTION # 76
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. Rent roll, cash receipts, and transfer of excess funds
B. Internal rate of return, statement of present value, and depreciation analysis
C. Balance sheet, income statement, and financial audit
D. Amortization schedule, loan estimate, and quitclaim deed

Answer: A

Explanation:
A typical monthly reporting package from a property manager to an asset manager includes operational financial data-such as rent rolls (occupancy/income), cash receipts (income tracking), and transfers of excess funds (distributions). These provide a snapshot of property performance.

NEW QUESTION # 77
......

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Chris Lane Chris Lane

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