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APPA CEFP Exam Questions with Correct Answers

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APPA CEFP Exam Questions with Correct Answers

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APPA CEFP Exam Questions with Correct
Answers
What KPI shows a facilities department's spending relative to building size?

Dollars spent per gross square foot

What four elements are central to effective leadership beyond mission and vision?

Values, communication, empowerment, and self-understanding

What is a leader modeling when demonstrating the organization's desired future

direction?

Vision

What combination provides a structured approach for managing service delivery

change?

Organizational change management and individual change management

What practice involves comparing performance with similar institutions to identify

gaps?

Benchmarking

What is the purpose of a risk register in facilities management?

It documents identified risks, their likelihood and impact, assigned owners, and mitigation

actions

Which analysis compares total costs of ownership over an asset's useful life?

Life-cycle cost analysis

What internal control is important to prevent fraud in a facilities department?

, Segregation of duties

Which financial statement shows an organization's assets, liabilities, and net assets?

Balance sheet

What process involves comparing actual spending with the approved budget?

Variance analysis

What is the accounting treatment for a major piece of equipment purchased by a

department?

Capitalization

Which budgeting approach adjusts individual line items based on the prior year's

budget?

Incremental budgeting

What analysis identifies the point at which total revenue equals total costs?

Break-even analysis

What analysis compares expected financial benefits of outsourcing against total

expected costs?

Cost-benefit analysis

Which factor should carry the greatest weight when prioritizing maintenance and

renewal projects?

Impact on life safety, regulatory compliance, and operational continuity

What approach best supports decision-making for repairing or replacing an aging

boiler?

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