CMCP Practice Exam Questions and
Answers
1)
For which of the following is nonpotable water use permitted?
cooking
drinking water
dish washing
fire suppression Correct Ans-FIRE SUPPRESSION
2)
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 Correct Ans-ALL OF THE ABOVE
3)
Property managers must obey many laws regarding their fiduciary obligations to their clients and
customers. However, many professional trade associations also have a code of ethics to which
their members subscribe. A typical code of ethics must include:
a preamble.
articles dictating minimum standards of conduct.
,amendments and condition examples.
a summary or conclusion. Correct Ans-ARTICLES DICTATING MINIMUM STANDARDS
OF CONDUCT
4)
The common set of accounting principles, standards, and procedures used to record accounting
data and compile the company's financial statements is known as:
ASC.
GAAP.
IFRS.
SPF. Correct Ans-GAAP
5)
________ creates the foundation for sound decision making based on information, proper year-
end reconciliations, and compliance with tax and legal requirements.
Accurate record keeping
Education in finance
Managerial guidance
Team dedication Correct Ans-ACCURATE RECORD KEEPING
6)
In addition to pedestrian-oriented entrances, employee showers, and changing facilities, what
else could a company do to show support for a "alternative transportation" or "bike to work"
policy?
, make the walk/bike policy mandatory for all employees
create convenient and secure bike storage
improve the lighting in the parking garage
improve the surface of the parking lot Correct Ans-CREATE CONVENIENT AND SECURE
BIKE STORAGE
7)
Which of the following management and leadership skills should not be learned by new
managers?
writing and presenting
interacting and team building
currying favor with upper management
delegating and personnel management Correct Ans-CURRYING FAVOR WITH UPPER
MANAGEMENT
8)
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 Correct Ans-2,500,000
Answers
1)
For which of the following is nonpotable water use permitted?
cooking
drinking water
dish washing
fire suppression Correct Ans-FIRE SUPPRESSION
2)
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 Correct Ans-ALL OF THE ABOVE
3)
Property managers must obey many laws regarding their fiduciary obligations to their clients and
customers. However, many professional trade associations also have a code of ethics to which
their members subscribe. A typical code of ethics must include:
a preamble.
articles dictating minimum standards of conduct.
,amendments and condition examples.
a summary or conclusion. Correct Ans-ARTICLES DICTATING MINIMUM STANDARDS
OF CONDUCT
4)
The common set of accounting principles, standards, and procedures used to record accounting
data and compile the company's financial statements is known as:
ASC.
GAAP.
IFRS.
SPF. Correct Ans-GAAP
5)
________ creates the foundation for sound decision making based on information, proper year-
end reconciliations, and compliance with tax and legal requirements.
Accurate record keeping
Education in finance
Managerial guidance
Team dedication Correct Ans-ACCURATE RECORD KEEPING
6)
In addition to pedestrian-oriented entrances, employee showers, and changing facilities, what
else could a company do to show support for a "alternative transportation" or "bike to work"
policy?
, make the walk/bike policy mandatory for all employees
create convenient and secure bike storage
improve the lighting in the parking garage
improve the surface of the parking lot Correct Ans-CREATE CONVENIENT AND SECURE
BIKE STORAGE
7)
Which of the following management and leadership skills should not be learned by new
managers?
writing and presenting
interacting and team building
currying favor with upper management
delegating and personnel management Correct Ans-CURRYING FAVOR WITH UPPER
MANAGEMENT
8)
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 Correct Ans-2,500,000
