The FRC Property Index Can Be Characterized by Each of the Following

question 22

Multiple Choice

The FRC Property Index can be characterized by each of the following EXCEPT:

• A) The index includes only properties with no outstanding mortgage debt
• B) The information used in compiling the index is voluntarily contributed by property owners
• C) The index reflects payments to both property managers and portfolio asset managers
• D) All of the above are true

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Definitions:

Sigma

A statistical term that measures how far a given process deviates from perfection. The term is notably used in Six Sigma methodology to measure the number of defects in a process.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values from the mean.

Benchmarking

The process of comparing key points within your business with comparable points in another external entity.

External Entity

An organization, group, or individual that exists outside of the company and interacts with the business through transactions, partnerships, or other forms of engagement.