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[General] CAP-2101-20 Exam Quick Prep - Sample CAP-2101-20 Test Online

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【General】 CAP-2101-20 Exam Quick Prep - Sample CAP-2101-20 Test Online

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BOMI International RPA Capstone Experience Sample Questions (Q120-Q125):NEW QUESTION # 120
A tenant in a multi-tenant office building is requesting a reduction in rent due to financial hardships. The tenant has been leasing space in the building for five years. Which of the following is the most appropriate first step for the property manager to take?
  • A. Offer to reduce rent by 50% as a short-term solution to keep the tenant.
  • B. Suggest that the tenant vacate and find a more affordable space.
  • C. Agree to the rent reduction immediately, as tenant retention is a priority.
  • D. Consult the building's owner and review the lease agreement before responding to the tenant.
Answer: D

NEW QUESTION # 121
A commercial property was contacted by a governmental agency to schedule an upcoming property inspection. What is theMOSTappropriate way for the property manager to prepare for the inspection?
  • A. Create a tenant organizational chart.
  • B. Document policies and procedures.
  • C. Determine a daily staff roster and schedule.
  • D. Prescreen maintenance vendors.
Answer: B
Explanation:
When a governmental agency conducts a property inspection, the focus is often on compliance with regulations, standards, and documented practices.Documented policies and proceduresare crucial for demonstrating that the property is being managed according to legal and operational standards. This provides inspectors with formal proof of how operations, safety, and compliance are handled.

NEW QUESTION # 122
Which of the following is theMOSTfundamental requirement for developing the annual property budget?
  • A. Reviewing all leases to ensure accurate revenue input
  • B. Choosing between the cash and accrual method
  • C. Using a zero-based budget approach
  • D. Understanding the owner's long-term and short-term objectives
Answer: D
Explanation:
Themost fundamentalstep in developing an annual property budget is to understand theowner's goals and objectives. These priorities guide all financial planning decisions, including budgeting for expenses, capital improvements, and revenue strategies. Without this understanding, the budget may misalign with ownership's expectations.

NEW QUESTION # 123
An investment firm has hired a third-party property manager to oversee a multi-tenant building with many tenants who are delinquent in payingrent. Which of the following strategies is MOST important to ensure successful revenue collection from tenants?
  • A. Uniform collection policy and persistent collection efforts by the property manager
  • B. Advising the investment firm that the role of a property manager does not include rent collection
  • C. Referring all collections efforts to legal counsel before contacting each tenant
  • D. Custom collection policy tailored to each tenant and periodic emails from the property manager
Answer: A

NEW QUESTION # 124
A property manager is reviewing the annual operating budget for a commercial office building. The building's budget for energy costs is projected to be $200,000, but actual expenses for the year were $250,000. What action should the property manager take to address this overage?
  • A. Reduce the property's reserve fund to cover the additional costs.
  • B. Reallocate the overage from the building's capital improvements budget.
  • C. Report the overage in the monthly financial statement and recommend a review of energy efficiency measures.
  • D. Ignore the overage, as it was within the allowable 10% variance.
Answer: C

NEW QUESTION # 125
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