Practice & MathCâu 100 / 100
A property manager prepares an operating budget mainly to:
a.Set the sale price of the building
b.Calculate the owner's income taxes
c.Project income and expenses to guide financial decisions
d.Determine the mortgage interest rate
Giải thích
An operating budget forecasts the property's expected income and expenses, helping the manager plan for maintenance, reserves, and cash flow. It is a key financial management tool. Comparing actual results to the budget reveals how the property is performing.
Luyện miễn phí toàn bộ 100 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The process of weighing the value estimates from multiple appraisal approaches into a final opinion of value is called:
- A comparable property sold for $310,000 but has an extra bathroom worth $10,000 that the subject property lacks. To adjust, the appraiser would:
- A tenant who remains in possession after the lease expires without the landlord's consent creates a:
- A lease with a definite beginning and ending date, such as a one-year lease, is an:
- The Americans with Disabilities Act (ADA) most directly requires that:
- A buyer's agent notices visible mold and water staining during a showing. The best practice is to:
Cập nhật gần nhất: · quy trình kiểm tra
Đội Ngũ Biên Tập PrepPass · Đối chiếu với New York Real Estate Salesperson Licensing Exam · Quy trình kiểm tra