CMCP Exam with Complete Solutions
Which type of insurance coverage provides protection to your business against third-party bodily
injury and property damage claims? Correct Ans-general business liability
Who is responsible for providing the insurance company underwriter with firsthand information
concerning the business being insured and its compliance with safety standards, as well as
assisting the business in implementing and monitoring a loss control program? Correct Ans-
loss control engineers
What is a net zero energy building? Correct Ans-a building that has zero net energy
consumption annually
Asset management is: Correct Ans-maximizing the value of a portfolio of properties within
the objectives of the owner
According to Deloitte Analysis, what are the three economic aspects of sustainable investments
Correct Ans-social, environmental, economic
Which of the following is an example of an item in the hard cost category when attempting to
access the lifecycle costing of green buildings? Correct Ans-the cost of electricity
Which type of insurance coverage provides protection to employees who are injured while
working? Correct Ans-workers' compensation
,The common set of accounting principles, standards, and procedures used to record accounting
data and compile the company's financial statements is known as: Correct Ans-GAAP
________ creates the foundation for sound decision making based on information, proper year-
end reconciliations, and compliance with tax and legal requirements. Correct Ans-Accurate
record keeping
A Full-Labor service contract covers: Correct Ans-100% of the labor to repair, replace and
maintain equipment
Several megatrends affect the development of building sustainability to varying degrees. Your
building owner wants to focus on using solar and geothermal power to the extent that it is
possible and economically feasible. Her focus on solar and geothermal power is most closely
connected with: Correct Ans-finite energy sources.
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: Correct Ans-articles dictating
minimum standards of conduct.
The process of bringing a historically designed office structure, especially one that has already
been commissioned, to an acceptable level of sustainable high-performance is called: Correct
Ans-recommissioning
,The primary duty of an asset manager is: Correct Ans-to help owners develop a stable and
lucrative investment portfolio
Based on LEED case studies, green building strategies typically have a rate of return of
________ times cost. Correct Ans-seven to ten
What is the difference between project planning and project monitoring? Correct Ans-project
planning defines the work requirements, and project monitoring tracks progress
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? Correct Ans-a
detailed listing of all the various accounts to which income and expenses are assigned
For which of the following is nonpotable water use permitted? Correct Ans-fire suppression
A ________ is an agreement between a client and agency that defines what's included within a
project and what is not. Correct Ans-statement of work
In measuring and analyzing their loss exposure, as well as establishing a positive risk
management focus, the building owners appropriately focused on which the following key loss
exposure areas as related to consequences for business operations? Correct Ans-frequency
and severity
Disaster recovery, business continuity planning, and crisis management are covered under which
of the following: Correct Ans-Business Continuity Management (BCM)
, 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 Correct Ans-amortization
SOP 5 sectionscedures Correct Ans-basic orders
access control
patrols
emergencies
miscellaneous procedures
EPA Correct Ans-Environmental Protection Agency
USGBG Correct Ans-US Green Building Council
LEED Correct Ans-Leadership in Energy & Environmental Design
3BL Correct Ans-Triple Bottom Line
3BL relationships between Correct Ans-Economics, Social Equity and the Environmental
Impact
IAQ Correct Ans-Indoor Air Quality
Which type of insurance coverage provides protection to your business against third-party bodily
injury and property damage claims? Correct Ans-general business liability
Who is responsible for providing the insurance company underwriter with firsthand information
concerning the business being insured and its compliance with safety standards, as well as
assisting the business in implementing and monitoring a loss control program? Correct Ans-
loss control engineers
What is a net zero energy building? Correct Ans-a building that has zero net energy
consumption annually
Asset management is: Correct Ans-maximizing the value of a portfolio of properties within
the objectives of the owner
According to Deloitte Analysis, what are the three economic aspects of sustainable investments
Correct Ans-social, environmental, economic
Which of the following is an example of an item in the hard cost category when attempting to
access the lifecycle costing of green buildings? Correct Ans-the cost of electricity
Which type of insurance coverage provides protection to employees who are injured while
working? Correct Ans-workers' compensation
,The common set of accounting principles, standards, and procedures used to record accounting
data and compile the company's financial statements is known as: Correct Ans-GAAP
________ creates the foundation for sound decision making based on information, proper year-
end reconciliations, and compliance with tax and legal requirements. Correct Ans-Accurate
record keeping
A Full-Labor service contract covers: Correct Ans-100% of the labor to repair, replace and
maintain equipment
Several megatrends affect the development of building sustainability to varying degrees. Your
building owner wants to focus on using solar and geothermal power to the extent that it is
possible and economically feasible. Her focus on solar and geothermal power is most closely
connected with: Correct Ans-finite energy sources.
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: Correct Ans-articles dictating
minimum standards of conduct.
The process of bringing a historically designed office structure, especially one that has already
been commissioned, to an acceptable level of sustainable high-performance is called: Correct
Ans-recommissioning
,The primary duty of an asset manager is: Correct Ans-to help owners develop a stable and
lucrative investment portfolio
Based on LEED case studies, green building strategies typically have a rate of return of
________ times cost. Correct Ans-seven to ten
What is the difference between project planning and project monitoring? Correct Ans-project
planning defines the work requirements, and project monitoring tracks progress
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? Correct Ans-a
detailed listing of all the various accounts to which income and expenses are assigned
For which of the following is nonpotable water use permitted? Correct Ans-fire suppression
A ________ is an agreement between a client and agency that defines what's included within a
project and what is not. Correct Ans-statement of work
In measuring and analyzing their loss exposure, as well as establishing a positive risk
management focus, the building owners appropriately focused on which the following key loss
exposure areas as related to consequences for business operations? Correct Ans-frequency
and severity
Disaster recovery, business continuity planning, and crisis management are covered under which
of the following: Correct Ans-Business Continuity Management (BCM)
, 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 Correct Ans-amortization
SOP 5 sectionscedures Correct Ans-basic orders
access control
patrols
emergencies
miscellaneous procedures
EPA Correct Ans-Environmental Protection Agency
USGBG Correct Ans-US Green Building Council
LEED Correct Ans-Leadership in Energy & Environmental Design
3BL Correct Ans-Triple Bottom Line
3BL relationships between Correct Ans-Economics, Social Equity and the Environmental
Impact
IAQ Correct Ans-Indoor Air Quality
