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| Section | Objectives |
|---|---|
| Topic 1: Property Management Operations | - Operational Decision Making
|
| Topic 2: Environmental Health and Safety | - Risk and Compliance
|
| Topic 3: Financial Management | - Asset Financial Analysis
|
| Topic 4: Asset Management | - Strategic Property Management
|
| Topic 5: Applied Capstone Assessment | - Real-World Scenario Application
|
1. Which of the following management styles should supervisors avoid when managing people?
A) Motivational
B) Communicative
C) Commandeering
D) Influential
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) Construction
C) Occupancy
D) Design
3. Which type of audit is used to ensure that a building is managed in compliance with legislation, management agreements, and leases?
A) Operational audit
B) Engineering audit
C) Financial audit
D) Regulatory audit
4. A tenant has filed a claim against a property management company's architect, alleging financial loss suffered as a result of non-performance on a space design contract. Which of the following insurance policiesBEST protects the architect from this claim?
A) Professional liability insurance
B) Employment practices liability insurance
C) Fiduciary liability insurance
D) Employee benefits liability insurance
5. 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) Roll-up report
B) Vacancy report
C) Balance sheet
D) Income statement
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
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