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BOMI International RPA Capstone Experience Sample Questions (Q85-Q90):

NEW QUESTION # 85
A landlord has hired an electrician to rewire a vacant floor in an office building. Before work can commence, the property manager wants to verifythat the contractor has liability coverage for their negligent acts. Which of the followingMOSTaccurately describes this type of coverage?

A. Personal liability insurance
B. Fire damage insurance
C. Workers' compensation insurance
D. General commercial liability insurance

Answer: D

Explanation:
General commercial liability insuranceprovides coverage for bodily injury, property damage, and negligent acts caused by contractors while performing their work. It is themost accurate and appropriate coverageto protect against claims resulting from a contractor's mistakes or accidents during a project.

NEW QUESTION # 86
What is the name of the report the property manager should review monthly in order to verify that all tenants have fully paid and have zero account balances?

A. Rent roll
B. Vacancy report
C. Delinquency report
D. Income statement

Answer: C

Explanation:
Adelinquency reportlists tenants who have outstanding balances or have not paid rent on time. Reviewing this report monthly helps the property manager ensure all accounts are current and take action on overdue payments if needed.

NEW QUESTION # 87
What is the MOST effective strategy a property manager should use to solicit tenant input for developing a building-wide risk mitigation plan?

A. Include a survey in tenant rent billings.
B. Hire a third-party environmental consultant to contact tenants to ask about Occupational Safety and Health Act (OSHA) compliance.
C. Call one tenant every week to ask about workplace hazards.
D. Host tenant events to identify the information leaders in each organization.

Answer: A

NEW QUESTION # 88
Which type of audit is used to ensure that a building is managed in compliance with legislation, management agreements, and leases?

A. Engineering audit
B. Operational audit
C. Regulatory audit
D. Financial audit

Answer: C

Explanation:
Aregulatory auditensures compliance with laws, regulations, lease obligations, and management agreements.
It focuses on whether a property is being managed in accordance with legal and contractual obligations, making it the most appropriate type of audit for this scenario.

NEW QUESTION # 89
A real estate services company has just been hired to provide property management services for a high- rise office building. As the property manager assigned to the building, what report should be created that incorporates the owner's objectives into a plan to operate the property?

A. Building commissioning report
B. Narrative appraisal report
C. Asset management plan
D. Pro forma

Answer: C

NEW QUESTION # 90
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