RELIABLE EXAM CAP-2101-20 PASS4SURE - RELIABLE CAP-2101-20 EXAM SIMULATIONS

Reliable Exam CAP-2101-20 Pass4sure - Reliable CAP-2101-20 Exam Simulations

Reliable Exam CAP-2101-20 Pass4sure - Reliable CAP-2101-20 Exam Simulations

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BOMI International RPA Capstone Experience Sample Questions (Q97-Q102):

NEW QUESTION # 97
Which of the following entities isMOSTlikely to be omitted from a standard property insurance policy?

  • A. The named insured
  • B. Mortgagees
  • C. Adjacent property owners
  • D. The property manager

Answer: C

Explanation:
Astandard property insurance policytypically covers thenamed insured(the property owner),mortgagees, andproperty managersif they are added as additional insureds.Adjacent property ownersare less likely to be included in the policy unless specifically added, as they have no direct ownership or stake in the insured property.


NEW QUESTION # 98
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. Fiduciary liability insurance
  • C. Employment practices liability insurance
  • D. Employee benefits liability insurance

Answer: A

Explanation:
Professional liability insurance(also known as errors and omissions insurance) protects professionals like architects from claims of negligence, mistakes, or failure to perform services as promised in a contract. This makes it the best protection against claims related to professional work performance.


NEW QUESTION # 99
What is the FIRST step in the Plan-Do-Check-Act (PDCA) continuous improvement process as it relates to maintaining compliance with sustainability certifications and related legal requirements?

  • A. Develop a series of steps to mitigate the issue using the certification system or legal compliance.
  • B. Identify an environmental problem in the building that can be mitigated by compliance.
  • C. Assess the effectiveness of the strategy that has been developed and implemented.
  • D. Apply on a larger scale throughout the building if the implementation has been successful.

Answer: B

Explanation:
Analysis:
ThePDCA cyclestands for:
* Plan- Identify a problem or opportunity and plan a change.
* Do- Implement the change on a small scale.
* Check- Measure and assess the results.
* Act- If successful, implement on a larger scale or adjust as needed.
So, thefirst stepis toidentify the issuethat needs improvement - in this context, an environmental issue related to compliance.


NEW QUESTION # 100
What is the process used to break down a lease into its specific parts to discover any lease components that have an effect on base rent and the rental stream?

  • A. Location analysis
  • B. Leasing plan
  • C. Lease abstract
  • D. Lease buyout

Answer: C

Explanation:
Alease abstractis a summarized version of a lease that breaks it down into its key components, such as base rent, operating expenses, and lease terms. This document helps identify specific details that affect the rental stream and base rent, making it a crucial part of lease analysis.


NEW QUESTION # 101
Which type of report should a property manager use to compare monthly revenue and expenses against budget?

  • A. Annual operating budget
  • B. Cost recovery report
  • C. Variance report
  • D. Cash flow report

Answer: C

Explanation:
Analysis:
* A. Annual operating budget:This sets the expectations but doesnot track actuals vs. budget.
* B. Cash flow report:Shows income and expenses, butnot in comparison to budgeted figures.
* C. Cost recovery report:Focuses onrecoverable expenses(like CAM), not budget tracking.
* D. Variance report:#Specifically designed tocompare actual revenue/expenses to budget, highlightingover- or under-performance.


NEW QUESTION # 102
......

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