Download CMCP EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS and more Exams Nursing in PDF only on Docsity! CMCP EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS 1) Advantages of purchasing insurance for your company include all of the following except:** insurance premiums are fully deductible. purchase of insurance lessens the uncertainty of loss occurrence. insurance is viable when the time value of money is essential to the company. having insurance increases the confidence of companies doing business with yours. - Precise Answer ✔✔INSURANCE IS VIABLE WHEN THE TIME VALUE OF MONEY IS ESSENTIAL TO THE COMPANY 2) Which of the following reflects organizational culture in the workplace? how employees and managers respond to crisis situations the ways that managers control the workspace incentives and rewards within the organization All of the above. - Precise Answer ✔✔ALL OF THE ABOVE 3) What is a method to use when clearly and concisely communicating in writing? think before you write be direct read what you write All of the above. - Precise Answer ✔✔ALL OF THE ABOVE 4) A lease abstract is an overview of: the most frequently litigated items in a lease. the most frequently negotiated items in a lease. the most frequently referenced items in a lease. the most frequently taxed items in a lease. - Precise Answer ✔✔THE MOST FREQUENTLY REFERENCED ITEMS IN A LEASE 5) Over 69,000 commercial building projects have been registered for third-party green building certification with the USGBC, the major American proponent of built environment sustainability. What is the USGBC? the US Green Building Council the US Green Building Group the US Green Board and Group the US Green Board and Council - Precise Answer ✔✔US GREEN BUILDING COUNCIL 6) Compute the consumer price index adjustment multiplier as a percentage, knowing that the Current Index is 201.5 and the Base Index is 194.6. 3.55% 3.42% -3.55% -3.42% - Precise Answer ✔✔3.55% 12) Interpersonal skills as a manager include the ability to do which of the following? interact motivate influence All of the above. - Precise Answer ✔✔ALL OF THE ABOVE 13) An account is an individual record of information and transactions related to each asset or liability and of each aspect of owner's equity. What is a chart of accounts? a list of each aspect of owner's equity, broken into individual accounts the result of the equation: assets = liabilities + owner's equity a numbered list of assets a detailed listing of all the various accounts to which income and expenses are assigned - Precise Answer ✔✔A DETAILED LISTING OF ALL THE VARIOUS ACCOUNTS TO WHICH INCOME AND EXPENSES ARE ASSIGNED 14) What is the best definition of amortization? the process of spreading out a loan into a series of fixed payments comprised of both principle and interest over a specified period of time the process of analyzing loan payments to get the best ROI the process of building out a loan table, using spreadsheets and a calculator, to increase payments and shorten the life of the loan the process of negotiating with the lender to lower your interest rate and payment - Precise Answer ✔✔THE PROCESS OF SPREADING OUT A LOAN INTO A SERIES OF FIXED PAYMENTS COMPRISED OF BOTH PRINCIPLE AND INTEREST OVER A SPECIFIED PERIOD OF TIME 15) As a building professional considering property improvements, it is critical to ask: Will the proposed capital items pay back in additional revenues? Will the proposed capital items pay back through increased marketability? Will the proposed capital items pay back in decreased expenses? All of the above. - Precise Answer ✔✔ALL OF THE ABOVE 16) Conscious communication involves which three activities? thinking, running, expressing thinking, behaving, feeling thinking, wondering, buying thinking, questioning, behaving - Precise Answer ✔✔THINKING, BEHAVING, FEELING 17) The primary duty of an asset manager is: to complete audits. to oversee the day-to-day operations. to help owners develop a stable and lucrative investment portfolio. to create the asset plan. - Precise Answer ✔✔HELP OWNERS DEVELOP A STABLE AND LUCRATIVE INVESTMENT PORTFOLIO 18) The document depicting how building space is leased among tenants on a floor-by-floor basis is called a: rent roll. stacking plan. stepped rent report. tenant profile. - Precise Answer ✔✔STACKING PLAN Disaster recovery, business continuity planning, and crisis management are covered under which of the following: Experience Exchange Reporting (EER) Business Continuity Management (BCM) Emergency Response and Preparedness Planning (ERPP) Distributed Call Listing (DCL) - Precise Answer ✔✔BCM (BUSINESS CONTINUITY PLAN) 25) Which type of insurance coverage provides protection to employees who are injured while working? general business liability commercial auto insurance workers' compensation business owner's insurance - Precise Answer ✔✔WORKER'S COMP 26)** The process of bringing a historically designed office structure, especially one that has already been commissioned, to an acceptable level of sustainable high-performance is called: recommissioning. retro-commissioning. continuous commissioning. lifestyle commissioning. - Precise Answer ✔✔RECOMISSIONING 27) According to Deloitte Analysis, what are the three economic aspects of sustainable investments? social, environmental, financial interpersonal, intercontinental, expandability social, environmental, economic financial, environmental, sustainable - Precise Answer ✔✔SOCIAL, ENVIRONMENTAL & ECONOMIC 28) A lease where the tenant pays the landlord base rent, as well as property operating expenses, insurance, and real estate taxes for the property is called a ________ lease. single-net double-net triple-net absolute-net - Precise Answer ✔✔TRIPLE - NET 29) Which of the following is not an attribute of a tenant portal? usually an online service allows the tenant to pay rent online allows the tenant to place repair and work orders deletes the tenant's contact information - Precise Answer ✔✔DELETES THE TENANT'S CONTACT INFO 30) How can networking help with career advancement? you can get advice about a current work project you can learn about a prospective employer you can use your network to practice your client sales pitches All of the above. - Precise Answer ✔✔ALL THE ABOVE 31) For which of the following is nonpotable water use permitted? cooking drinking water dish washing fire suppression - Precise Answer ✔✔FIRE SUPPRESSION 32) Which of the following contributes to inferior indoor air quality in a commercial building? inadequate ventilation insufficient cleaning excessive emissions of volatile organic compounds All of the above - Precise Answer ✔✔ALL OF THE ABOVE What value would you calculate for a project with a six percent capitalization rate and a net operating income of $150,000? $9,000 $900,000 $2,500,000 $250,000,000 - Precise Answer ✔✔2,500,000 39) A good social media policy includes: firing or disciplining employees for social media posts. limiting the social media policy to only certain teams or certain titles. enforcing the policy only when there has been an egregious post or article. None of the above. - Precise Answer ✔✔NONE OF THE ABOVE 40) Several megatrends affect the development of building sustainability to varying degrees. Your building owner wants to focus on using solar and geothermal power to the extent that it is possible and economically feasible. Her focus on solar and geothermal power is most closely connected with: global population growth. finite energy sources. finite freshwater. disease vectors. - Precise Answer ✔✔FINITE ENERGY SOURCES 41) The primary differences between an asset manager and a property manager is: the asset manager focuses on the day-to-day management, and the property manager focuses on maximizing return on property value for the investors. the property manager focuses on the day-to-day management, and the asset manager focuses on maximizing return on property value for the investors. the property manager focuses on increasing income and reducing expenses, and the asset manager focuses on maintaining the property and marketing units. the asset manager focuses on collecting rents and paying bills, while the property manager focuses on improving property value. - Precise Answer ✔✔PM FOCUSES ON DAY TO DAY MANAGEMENT, AM FOCUSES ON MAXIMIZING RETURN ON PROPERTY VALUE FOR INVESTORS 42) Based on LEED case studies, green building strategies typically have a rate of return of ________ times cost.** three to six four to seven six to eight seven to ten - Precise Answer ✔✔SEVEN TO TEN 43) In measuring and analyzing their loss exposure, as well as establishing a positive risk management focus, the building owners appropriately focused on which the following key loss exposure areas as related to consequences for business operations? frequency and severity frequency and small loss easily predictable and irritatingly time-consuming easily predictable and easy to calculate - Precise Answer ✔✔FREQUENCY AND SEVERITY 44) A prospective tenant is starting a new business and does not anticipate much cash flow in the first few years. As a result, the tenant requests the type of lease that ensures the landlord pays for all expenses and property operations. The tenant wants a ________ lease. net gross double-net triple-net - Precise Answer ✔✔GROSS 5) A Full-Labor service contract covers: 100% coverage of labor, equipment, parts and materials 100% of the labor to repair, replace and maintain equipment