CBRE Junior Accountant Interview Questions and Answers

Cap rate is a real estate metric used to determine the potential return on investment.

• Cap rate stands for capitalization rate.

• It is calculated by dividing the net operating income (NOI) by the property's value.

• The result is expressed as a percentage and represents the rate of return an investor can expect from the property.

• A higher cap rate indicates a higher potential return on investment, but may also indicate higher...read more

I have previous experience in managing a team and overseeing daily operations.

• Managed a team of 10 employees and ensured smooth workflow

• Developed and implemented strategies to improve productivity and efficiency

• Handled customer complaints and resolved issues effectively

• Trained new employees on company policies and procedures

• Conducted performance evaluations and provided feedback to team members

Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

• Involves initiating, planning, executing, controlling, and closing a project

• Focuses on achieving specific goals and success criteria

• Requires effective communication, coordination, and resource management

• Uses tools like Gantt charts, project sched...read more

I prioritize tasks, set clear deadlines, delegate responsibilities, and regularly communicate with team members to ensure timely completion.

• Prioritize tasks based on importance and urgency

• Set clear deadlines for each task and overall project

• Delegate responsibilities to team members based on their strengths and workload

• Regularly communicate with team members to track progress and address any obstacles

• Use project managem...read more

Expected salary is negotiable based on the responsibilities and benefits offered by the company. Currently earning $XX,XXX per year.

• Expected salary is based on the responsibilities and benefits offered by the company.

• Currently earning $XX,XXX per year.

• Open to discussing salary based on the position and company's compensation package.

Yes, I am open to relocating for the right opportunity.

• I am open to exploring new locations for career growth

• I have relocated for previous job opportunities and am comfortable with the process

• I understand the benefits of relocating for career advancement

A BOQ stands for Bill of Quantities, which is a document used in construction projects to list the materials, parts, and labor needed for a project.

• A BOQ is typically prepared by a quantity surveyor or estimator.

• It includes detailed information on quantities, unit rates, and total costs for each item in the project.

• BOQs are used to help contractors and clients understand the scope of work and costs involved in a projec...read more

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship.

• A contract must involve an offer, acceptance, consideration, and intention to create legal relations.

• Contracts can be written or oral, but written contracts are generally more enforceable.

• Examples of contracts include employment agreements, rental agreements, and sales contracts.

FIDIC stands for International Federation of Consulting Engineers, which publishes standard contracts for the construction industry.

• FIDIC is an acronym for International Federation of Consulting Engineers.

• FIDIC publishes standard contracts for the construction industry.

• FIDIC contracts are commonly used in international construction projects.