Question 1

As a facility manager preparing for a major project, you find yourself engaged in a critical process. In this context, what does the process of creating a formal plan and translating goals into a quantitative format describe?

Options :

A : job order costing.

B : activity-based costing.

C : a business case.

D : budget

Answer: D

Question 2

You have been asked to recommend a workplace technology that will best mitigate the risk of operational downtime. What technology will you recommend?

Options :

A : Computer Aided Facility Management System (CAFM)

B : Technical Support System (TSS)

C : Incident Management System (IMS)

D : Building Automation System (BAS)

Answer: A

Question 3

Which of the following refers to the number of years forecasted to recover an investment?

Options :

A : forecasted period

B : return period

C : investment period

D : payback period

Answer: D

Question 4

As a facility manager responsible for making sustainable product choices, you want to ensure the accuracy of sustainability claims. In this context, what is the most common method for validating a product's sustainability claim?

Options :

A : Using "watchdog" groups

B : Third-party certification

C : A four-step eco-validation process

D : Checking their website

Answer: B

Question 5

An amortized mortgage is a loan with

Options :

A : periodic payments of principal and interest.

B : interest-only payment features.

C : balloon payment features.

D : a sinking fund set aside.

Answer: A

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