Pass the IFMA Facility Manager CFM Questions and answers with CertsForce

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Viewing questions 41-50 out of questions
Questions # 41:

Part of your goals is to develop a succession plan for key positions within your operation, including yourself. What is most helpful in reaching this goal?

Options:

A.

Conduct staff interviews to see who wants to be promoted.


B.

Conduct a review of staff goals and objectives.


C.

Conduct a skills gap analysis of current staff and incorporate the results into training goals.


Questions # 42:

A tenant questions annual reconciliation charges for common area and operating expenses per their lease. What is the strongest business practice for ensuring accounting practices are sound?

Options:

A.

Double-check all coding and charges and confirm that generally accepted accounting principles have been followed.


B.

Perform periodic audits by an internal or external auditing group that is not part of the accounting department.


C.

Suggest the tenant’s chief accountant review your books and the lease.


Questions # 43:

Departments often forget to budget for equipment design and installation costs. What is the best solution?

Options:

A.

Develop a procedure that would charge back capital installation costs to the department procuring the equipment.


B.

Mark up each equipment capital request by 15% to cover design and installation costs.


C.

Establish a procedure for all capital budgets to include Facilities' input on design and installation costs.


D.

Create a facilities installation fund that is 15% of the company’s annual capital equipment fund to cover these costs.


Questions # 44:

What is a reason to invest in real estate?

Options:

A.

Sales tax advantage.


B.

Capital appreciation.


C.

Irregular return.


D.

Capital depreciation.


Questions # 45:

A company has decided to establish a long-range strategic facility technology plan. What is the first step in determining the future technology needs of the company?

Options:

A.

Determine the level of employee technological skill requirements for the future.


B.

Review corporate plans for building renovations and lease negotiations.


C.

Research advances in technology.


D.

Conduct an assessment of existing technology.


Questions # 46:

What are the three Rs of sustainability?

Options:

A.

Reduce, remove, and replace


B.

Reduce, reuse, and repurpose


C.

Reduce, reuse, and recycle


Questions # 47:

Which technology would be BEST to notify facility occupants during an emergency?

Options:

A.

Company's social media profile.


B.

Emergency notification system.


C.

E-mail system.


D.

Incident management system.


Questions # 48:

Which job strategy is most effective in encouraging job satisfaction according to Frederick Herzberg's theory?

Options:

A.

Job simplification.


B.

Job enrichment.


C.

Job rotation.


D.

Job enlargement.


Questions # 49:

What is an example of adaptive change?

Options:

A.

Vendors launching a new product division


B.

New policy for working from home


C.

Employee seeks college education


D.

Construction of a new head office


Questions # 50:

When would an organization choose a lease with a purchase option?

Options:

A.

When tax rebates cannot be applied.


B.

When it lacks the initial capital for the purchase.


C.

When it has long-term plans to develop the real estate.


D.

When it needs to partner with a developer.


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