CMCP UPDATED EXAM SCRIPT QUESTIONS AND
SOLUTIONS GRADED A+
✔✔11)
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% - ✔✔3.55%
✔✔12)
Interpersonal skills as a manager include the ability to do which of the following?
interact
motivate
influence
All of the above. - ✔✔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
- ✔✔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 -
✔✔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. - ✔✔ALL OF THE ABOVE
✔✔16)
Conscious communication involves which three activities?
thinking, running, expressing
thinking, behaving, feeling
thinking, wondering, buying
thinking, questioning, behaving - ✔✔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. - ✔✔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. - ✔✔STACKING PLAN
✔✔19)
To ensure that tenant satisfaction is high, how often should tenant satisfaction surveys
be conducted?** - ✔✔NOT MORE OFTEN THAN EVERY TWO YEARS
✔✔20)
Which of the following is not a benefit of an energy-efficient building?
lower operating and maintenance costs
improved occupant satisfaction and well-being
greater market attraction
None of the above. - ✔✔NONE OF THE ABOVE
✔✔21)
A best practice for documenting a security incident is to include a report that contains all
of the following except:
the reporting individual's name and title.
a description of the security incident.
an estimated cost to repair or litigate the incident.
details about the incident. - ✔✔AN ESTIMATED COST TO REPAIR OR LITIGATE THE
INCIDENT
SOLUTIONS GRADED A+
✔✔11)
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% - ✔✔3.55%
✔✔12)
Interpersonal skills as a manager include the ability to do which of the following?
interact
motivate
influence
All of the above. - ✔✔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
- ✔✔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 -
✔✔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. - ✔✔ALL OF THE ABOVE
✔✔16)
Conscious communication involves which three activities?
thinking, running, expressing
thinking, behaving, feeling
thinking, wondering, buying
thinking, questioning, behaving - ✔✔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. - ✔✔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. - ✔✔STACKING PLAN
✔✔19)
To ensure that tenant satisfaction is high, how often should tenant satisfaction surveys
be conducted?** - ✔✔NOT MORE OFTEN THAN EVERY TWO YEARS
✔✔20)
Which of the following is not a benefit of an energy-efficient building?
lower operating and maintenance costs
improved occupant satisfaction and well-being
greater market attraction
None of the above. - ✔✔NONE OF THE ABOVE
✔✔21)
A best practice for documenting a security incident is to include a report that contains all
of the following except:
the reporting individual's name and title.
a description of the security incident.
an estimated cost to repair or litigate the incident.
details about the incident. - ✔✔AN ESTIMATED COST TO REPAIR OR LITIGATE THE
INCIDENT
