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CFM Exam Dumps - Certified Facility Manager

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Question # 25

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?

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.

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Question # 26

Before you can move people into a new leased space, you will need a certificate of occupancy. What system must be examined to obtain a certificate of occupancy?

A.

Life safety systems

B.

Potable water systems

C.

IT/Network systems

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Question # 27

A new hire has been provided with new uniforms and a $150 stipend for work boots. Within the first month, the employee gives a two-week notice. What actions should the manager take?

A.

Ask in a thoughtful and respectable tone for the employee to reimburse the organization for the uniforms and work boots.

B.

Absorb the loss of the material in the operating budget under uniform depreciation.

C.

Refer to the employee handbook and follow organizational policy regarding uniform and work boot issuances to employees.

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Question # 28

Your senior leadership decided to implement an energy dashboard to track utility consumption. They want a baseline before commissioning has started to evaluate the results. How should this commissioning information be used on the dashboard?

A.

To show the month's utility usage after commissioning and guide decisions on installing additional equipment.

B.

To show how much energy comes from the grid and how much from renewable sources.

C.

To show changes in energy usage as commissioning projects are completed and determine whether the project achieved the desired outcomes.

D.

To show monthly kilowatts used by individual pieces of equipment.

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Question # 29

What important factor forms the basis for Risk Management strategies?

A.

Knowledge of the organization's departmental goals, risks, and objectives.

B.

Knowledge of the leadership strategies that capture the organization's objectives.

C.

Knowledge of how the organization will respond to the possible impacts of risks.

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Question # 30

Your snow removal contractor is required to remove snow at two inches but has not responded during a heavy storm. What steps will you take in the future to ensure site safety?

A.

Cancel existing snow removal contract and hire another contractor immediately to remove snow and control ice for subsequent events.

B.

Meet with contractor immediately after the snow event to resolve service issues and identify a secondary contractor to remove snow and control ice in the event of future failures by the primary contractor.

C.

Immediately after snow event is predicted, purchase emergency supplies required for comfort of client staff staying on site throughout the event.

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Question # 31

A new hire has been provided with new uniforms and a $150 stipend to purchase new work boots. Within the first month of employment, the employee informs the manager that another job has been accepted and provides a two-week notice. What actions should the manager take regarding the material issuances?

A.

Ask in a thoughtful and respectful tone for the employee to reimburse the organization for the uniforms and work boots.

B.

Absorb the loss of the material in the operating budget under uniform depreciation.

C.

Refer to the employee handbook and follow organizational policy regarding uniform and work boot issuances.

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Question # 32

You are selecting a contractor or vendor for a project. You are concerned about project risk due to the technical nature of the project. What selection criteria will you use to reduce risk?

A.

Contractor provides warranties that meet your specific time period

B.

Contractor understands project requirements and possesses required skills and knowledge

C.

Contractor uses a project management approach that ensures a successful project

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