CPM Practice Questions - Certified Property Manager (CPM) Exam

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A property manager discovers that a vendor has been submitting inflated invoices for maintenance work. According to IREM ethical standards, what is the property manager's FIRST responsibility?

Report the vendor to local law enforcement Notify the property owner and take appropriate corrective action Confront the vendor privately and request a refund Document the findings but wait for owner direction

Correct Answer:

Notify the property owner and take appropriate corrective action

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