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| Section | Objectives |
|---|---|
| Topic 1: Financial Management | - Asset Financial Analysis
|
| Topic 2: Asset Management | - Strategic Property Management
|
| Topic 3: Applied Capstone Assessment | - Real-World Scenario Application
|
| Topic 4: Environmental Health and Safety | - Risk and Compliance
|
| Topic 5: Property Management Operations | - Operational Decision Making
|
1. Which time frameBESTreflects the budget reporting frequency required by most building owners?
A) Quarterly
B) Monthly
C) Annually
D) Semi-annually
2. A property manager is working with an architect who is designing a green building using the U.S.
Green Building Council's (USGBC) Sustainable Building Technical Manual. During which phase of the green design process would the cost be established?
A) Bid
B) Occupancy
C) Design
D) Construction
3. The building owner wants to profit $150,000 annually on the prospective lease. What is the minimum lease rate required to meet the owner's objectives?
Options:
A) $7.14 per square foot
B) $15.14 per square foot
C) $13.00 per square foot
D) $14.51 per square foot
4. 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) Set obtainable goals.
C) Provide an adequate budget for marketing materials.
D) Determine an appropriate compensation structure.
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) Service plan
C) Backup plan
D) Emergency plan
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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