CCIM 101 - Financial Analysis UPDATED ACTUAL Exam Questions and CORRECT Answers

CCIM 101 - Financial Analysis UPDATED
ACTUAL Exam Questions and CORRECT
Answers
What are the four basic components of NOI? - CORRECT ANSWER - 1 - Potential rental
income (PRI)
2 - Vacancy and credit losses
3 - Other income
4 - Operating expenses


[XXXX] is used to determine a property's PRI (Potential Rental Income.) - CORRECT
ANSWER - Lease analysis



PRI equals NOI in what property/tenant scenario? - CORRECT ANSWER - If the
property has one tenant with a long-term absolute NNN lease.


[XXXX] is PRI minus vacancy and collection losses. - CORRECT ANSWER - ERI
(Effective Rental Income)


Name some items which are EXCLUDED from Operating Expenses. - CORRECT
ANSWER - Interest and principal on debt on the property
Depreciation (cost recovery)
Capital Expenditures
Income Taxes
Reserves for Replacement
Tenant Improvements


True or False: Depreciation is included in Operating Expenses. - CORRECT ANSWER -
False