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BOMI International RPA Capstone Experience Sample Questions (Q65-Q70):

NEW QUESTION # 65
A property manager is evaluating vendors, suppliers, and contractors to perform routine building maintenance operations. Which of the following is MOST important when choosing between competing proposals?

A. Develop a spreadsheet to compare proposals.
B. Consider prior work relationship.
C. Retain current contractor if prices remain flat.
D. Select lowest cost option.

Answer: A

Explanation:
#Analysis:
* A.Prior work relationships are helpful but may introduce bias or overlook better proposals.
* B.#Creating acomparison spreadsheetallows for a structured, objective evaluation of key proposal elements like cost, scope, quality, and experience.
* C.Automatically retaining a contractor maymiss out on better offersor improvements in service.
* D.Selecting the lowest cost without full analysis risks sacrificingquality and value.

NEW QUESTION # 66
As part of the due diligence process for an office building acquisition, an investment firm wants to incorporate information regarding tenant lease terms, rental payments, square footage, and monthly payment due dates into its pro forma analysis. Which type of report wouldBESTsummarize this information for the purchaser?

A. Vacancy report
B. Income statement
C. Roll-up report
D. Balance sheet

Answer: C

Explanation:
Aroll-up reportconsolidates various individual data points, such as tenant lease terms, payment schedules, square footage, and other operational details, making it the most suitable type of report for summarizing key information related to the due diligence process for an office building acquisition.

NEW QUESTION # 67
In reviewing the due diligence information, the property manager notices that tenants are on a variety of lease types. Which is the MOST effective approach for the property manager with respect to the current leases?

A. Hire an attorney to write a special lease rider to make leases uniform.
B. Adhere to the terms in the current leases.
C. Require each tenant to sign a new lease from the new owner to create conformity.
D. Review leases with each tenant and explain that the property now has a triple-net (NNN) lease structure.

Answer: B

Explanation:
Analysis:
FromScenario 2, we know:
* The building was recently acquired.
* There area variety of lease typesin place.
* The new ownerprefersto move toward atriple-net (NNN) lease structure.
However, leases arelegally binding contracts, and:
* Youcannot unilaterally changeexisting lease terms.
* Tenantsare not obligatedto sign a new lease or agree to changes unless the lease allows it.
Best (and most legally sound) approach:
A: Adhere to the terms in the current leases-This respects existing agreements and avoids legal issues. Any changes must happen atrenewal timeor throughmutual agreement.

NEW QUESTION # 68
The property manager has been tasked to prepare next year's budget by the asset manager.
This is the first assignment given since the acquisition, and the only available information is from the due diligence material described.
Which is the MOST appropriate action for the property manager to take?

A. Obtain the partnership's pro forma budget.
B. Prepare a draft budget to show knowledge of the local market.
C. Determine the partnership's goals, including the expected holding period.
D. Update budgets from prior year.

Answer: C

Explanation:
Why Option B is better:
"Determine the partnership's goals, including the expected holding period"
* This ensures thebudget reflects the new owner's intentions(e.g., capital improvement plans, lease-up strategy, target NOI).
* Theholding periodwill influence decisions like capital investments, lease structures, and operating expenses.
* It provides thestrategic directionneeded to create a relevant and accurate budget - not just a recycled one.

NEW QUESTION # 69
A property manager has planned and budgeted a chiller teardown for a medical office building. The work was scheduled to be completed in March. Due to a long lead time for parts, the work was not completed until May.
The property manager will need to calculate the difference between actual and budgeted costs and report this information to the building owner. What is this called?

A. Variance
B. Audit
C. Accrual
D. Expense

Answer: A

Explanation:
Avarianceis the difference between what wasbudgetedand what wasactually spent or incurred. In this case, the property manager must report thevariancein costs and timing due to the delay, which is key in financial and performance reporting.

NEW QUESTION # 70
......

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Pass Guaranteed 2025 BOMI International CAP-2101-20–Accurate Valid Dumps Ppt

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BOMI International RPA Capstone Experience Sample Questions (Q65-Q70):

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