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BOMI International RPA Capstone Experience Sample Questions (Q92-Q97):
NEW QUESTION # 92
The partnership plans to address the requirements to return the asset to its former position in the marketplace. What is the FIRST step to help achieve this goal?
Options:
Answer: B
NEW QUESTION # 93
A building owner and general contractor sign a contract to build an addition to a retail shopping center. Both parties agree to include a provision that specifies an amount of money to be paid by one party that is in material breach to the other party. This provision is often used when the sum of damages is difficult to predict in advance of contract execution. What is this provision called?
Answer: A
Explanation:
Liquidated damagesare pre-determined amounts specified in a contract to be paid as compensation if one party breaches the agreement. They are commonly used when actual damages would be hard to quantify in advance, making them a proactive risk management tool in construction and service contracts.
NEW QUESTION # 94
Which of the following is required before a vendor invoice can be paid?
Answer: D
Explanation:
Before a vendor invoice can be paid,property manager approvalis typically required to verify that the goods or services were delivered satisfactorily and that the invoice is accurate. This step ensures financial control and accountability in property management operations.
NEW QUESTION # 95
A property management team was assigned a multi-tenant office building. The team wants to keep track of which suites on each floor are occupied and vacant. Which type of report shows where tenants are located throughout the building and which spaces are vacant?
Answer: A
NEW QUESTION # 96
A property manager in a disaster-prone area wants to ensure business continuity during an emergency. What is one of theBESTways for the manager to mitigate downtime if many of the resources inside the disaster zone are not available during the crisis?
Answer: A
Explanation:
In a disaster scenario, local vendors may be unavailable or overwhelmed.Vendors outside the immediate areaare more likely to be operational and accessible, making them critical to maintaining services and minimizing downtime during a crisis.
NEW QUESTION # 97
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