CMCP Quiz Questions and Answers
100% Solved
Question 1: A business has a(n) _______ impact on society through the wages paid to employees,
the materials bought from suppliers, and the prices charged to customers. Correct Ans-
ECONOMIC
Question 2: Asset management focuses on maximizing value according to the objectives of a
portfolio owner. T or F? Correct Ans-TRUE
Question 3: An asset manager may be an individual person or a company that oversees multiple
properties. T or F? Correct Ans-TRUE
, Question 4: An asset manager's job responsibilities include all of the following except:
Overseeing property deposition
Managing acquisitions
Handling the day-to-day operations
Managing the audit process Correct Ans-HANDLING THE DAY-TO DAY DUTIES OF THE
PROPERTY
Quiz 6, Question 5: Select some of the basic responsibilities that define the typical asset
manager. Select 5.
Oversee day to day operations
Help owners develop stable and lucrative investment portfolio
Create the asset plan
, Manage acquisitions
Manage the audit process
Meet ownership objectives Correct Ans-ALL EXCEPT OVERSEE DAY TO DAY
OPERATIONS
Quiz 6, Question 6: How can networking help you with career advancement? Check off each
correct answer.
Learn about a prospective employer
Prepare to make pitches to clients
Learn about a career
Get advice about a project
Find prospective job candidates Correct Ans-ALL OF THE ABOVE
Quiz 6, Question 7: Vendor performance is monitored during and after completion of the
contract. Goods should be inspected for damage and compared with the actual ________ to
ensure compliance. Correct Ans-PURCHASE ORDER
Quiz 6, Question 8: Which of the approaches listed below are ways to prevent vendor conflicts?
(Select 5)
Avoid giving vendor feedback
Establish an agreement on desired performance
Monitor services
Allow vendor to determine quality and value of results
Establish a clear statement of work
100% Solved
Question 1: A business has a(n) _______ impact on society through the wages paid to employees,
the materials bought from suppliers, and the prices charged to customers. Correct Ans-
ECONOMIC
Question 2: Asset management focuses on maximizing value according to the objectives of a
portfolio owner. T or F? Correct Ans-TRUE
Question 3: An asset manager may be an individual person or a company that oversees multiple
properties. T or F? Correct Ans-TRUE
, Question 4: An asset manager's job responsibilities include all of the following except:
Overseeing property deposition
Managing acquisitions
Handling the day-to-day operations
Managing the audit process Correct Ans-HANDLING THE DAY-TO DAY DUTIES OF THE
PROPERTY
Quiz 6, Question 5: Select some of the basic responsibilities that define the typical asset
manager. Select 5.
Oversee day to day operations
Help owners develop stable and lucrative investment portfolio
Create the asset plan
, Manage acquisitions
Manage the audit process
Meet ownership objectives Correct Ans-ALL EXCEPT OVERSEE DAY TO DAY
OPERATIONS
Quiz 6, Question 6: How can networking help you with career advancement? Check off each
correct answer.
Learn about a prospective employer
Prepare to make pitches to clients
Learn about a career
Get advice about a project
Find prospective job candidates Correct Ans-ALL OF THE ABOVE
Quiz 6, Question 7: Vendor performance is monitored during and after completion of the
contract. Goods should be inspected for damage and compared with the actual ________ to
ensure compliance. Correct Ans-PURCHASE ORDER
Quiz 6, Question 8: Which of the approaches listed below are ways to prevent vendor conflicts?
(Select 5)
Avoid giving vendor feedback
Establish an agreement on desired performance
Monitor services
Allow vendor to determine quality and value of results
Establish a clear statement of work
