100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CMCA EXAM 2024 ACTUAL EXAM COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) | GRADE A+| $18.99   Add to cart

Exam (elaborations)

CMCA EXAM 2024 ACTUAL EXAM COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) | GRADE A+|

 7 views  0 purchase
  • Course
  • CMCA
  • Institution
  • CMCA

CMCA EXAM 2024 ACTUAL EXAM COMPREHENSIVE QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) | GRADE A+|

Preview 3 out of 30  pages

  • October 26, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CMCA
  • CMCA
avatar-seller
ASSIGNMENT7
1




CMCA EXAM 2024 ACTUAL EXAM
COMPREHENSIVE QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) | GRADE A+|



What authority creates the right to vote by proxy?
a. association rules and regulations
b. state statutes
c. common law
d. owner's rights - Correct Answer - B


Periodic maintenance performed to avoid disruptive breakdowns and to prolong the
useful life of a physical asset is considered:
a. routine maintenance
b. requested maintenance
c. emergency service maintenance
d. preventative maintenance - Correct Answer - D


Before the commencement of any services and repairs, the association should:
a. survey the owners/tenants to see if services are necessary
b. ask the board to suggest what to do next
c. raise assessments to pay for work
d. compare three or more bids - Correct Answer - D


All of the following are true with respect to cumulative voting except:
a. Many people perceive it as ballot box stuffing
b. it allows owners to cast all of their available votes for one person

, 2


c. the association can amend the governing documents to prohibit it
d. it helps establish a quorum - Correct Answer - D


Preparing for a board meeting includes an agenda with:
a. the vice president's report
b. minutes of the previous meeting
c. items to be addressed and voted on
d. introductions of the board and manager - Correct Answer - C


Which contract covers the costs of all labor and materials?
a. cost and fees
b. repair service
c. lump sum
d. time and materials - Correct Answer - D


Your community association should have established dismissal policies and procedures
in its:
a. performance evaluation program
b. interview process
c. employee handbook
d. employment records and files - Correct Answer - C


A community association wants to develop a RFP to repair or replace roofs of properties
that were damaged in a recent storm. Who should prepare the extensive specifications
for the job?
a. board members
b. association manager
c. third-party expert
d. possible contractor - Correct Answer - C

, 3




Annual meetings are intended to prove a forum:
a. in which owners expand their power
b. for all business, elections and reports stated
c. for owners to decide special issues
d. to allow the board to take action at a special meeting - Correct Answer - B


A job description should include:
a. required duties of the position
b. a list of paydays and holidays
c. salary and benefits
d. reporting relationships - Correct Answer - A


When an organization is interested in receiving proposals for a particular project, what
should it develop?
a. bid specification
b. bid request
c. bid qualifications sheet
d. bid statement of work - Correct Answer - B


Who is entitled to vote when more than one person owns a unit or lot?
a. all owners are entitled and their vote is split
b. all owners are entitled and each gets a vote
c. neither owner is entitled and they must have a proxy in order to vote
d. owners should vote in concert, with one owner designated to cast the vote - Correct
Answer - D


The process of reviewing the extent to which a person has met established goals and
standards is called:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ASSIGNMENT7. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $18.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$18.99
  • (0)
  Add to cart