100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CMCA EXAM REAL 120 QUESTIONS AND ANSWERS 100 % PASS SOLUTION A+ GRADE $7.99   Add to cart

Exam (elaborations)

CMCA EXAM REAL 120 QUESTIONS AND ANSWERS 100 % PASS SOLUTION A+ GRADE

 0 view  0 purchase
  • Course
  • CMCA EREAL 120
  • Institution
  • CMCA EREAL 120

CMCA EXAM REAL 120 QUESTIONS AND ANSWERS 100 % PASS SOLUTION A+ GRADE

Preview 3 out of 26  pages

  • October 11, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • cmca exam
  • CMCA EREAL 120
  • CMCA EREAL 120
avatar-seller
dennohz2000
CMCA EXAM 2024-2025 REAL 120 QUESTIONS AND ANSWERS 100 % PASS
SOLUTION A+ GRADE
In which procedure are performance problems brought to the employee's attention and
actions taken to correct them?

a. employment model

b. progressive discipline system

c. employee training program

d. continuous improvement program B

All the following are criteria to be considered when recommending a contractor to the board
except:

a. understanding of what needs to be done

b. possessing the necessary qualifications to do the job

c. price

d. timeframe D

What authority creates the right to vote by proxy?

a. association rules and regulations

b. state statutes

c. common law

d. owner's rights 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



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 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

c. the association can amend the governing documents to prohibit it

d. it helps establish a quorum 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 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 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 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



C

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 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 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 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 D

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

a. progressive planning and enhancement

b. performance evaluation

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 dennohz2000. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80467 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
$7.99
  • (0)
  Add to cart