Exam (elaborations)
CMCA EXAM QUESTIONS AND ANSWERS 2024
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CMCA EXAM QUESTIONS AND ANSWERS 2024
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CMCA EXAMWhich type of management is the process of operating, maintaining, repairing,
and replacing common property? - ANSWERS-Facilities
The higher a document's place in the hierarchy, the: - ANSWERS-greater its legal
weight in a court of law
Based on which type of requirements would you choose a contractor over the
association to complete work? - ANSWERS-requires supervision, expertise
required and low urgency
Who is required to be present for an annual association membership meeting to
conduct business? - ANSWERS-a quorum of the members
Which of the following would a condominium unit member's personal insurance
policy cover when it is the primary insurance policy? - ANSWERS-bodily injury due
to a slip and fall within a member's unit
Community association governing documents and state statutes may require who
to be involved in preparing annual reports? - ANSWERS-a CPA
What is a typical management control used to identify physical assets? -
ANSWERS-inventory
,When a contractor fails to perform to the terms of the contract, which provision
in the contract allows the association to terminate? - ANSWERS-default provisions
Where can an individual find the owner and association's maintenance
responsibilities? - ANSWERS-the declaration
At the monthly board meeting, it is the role of the manager to do all of the
following except: - ANSWERS-call for a vote on an issue
All of the following are goals of maintenance in a community association except: -
ANSWERS-increasing the association's profits
The use of parliamentary procedure during meetings helps to ensure that: -
ANSWERS-the board considers one item of business at a time
GAAP requires which statement for year-end reports for a community
association? - ANSWERS-cash flows
When developing a rule, the rule must be capable of: - ANSWERS-uniform
enforcement
If you prepare a maintenance responsibility chart for your community association,
it must be based on all of the following except: - ANSWERS-human resource policy
,Who is responsible for selecting a contractor? - ANSWERS-Board
A manager must take into consideration all of the following Federal laws during
the hiring process, except the: - ANSWERS-Housing and Urban Recovery Act of
1983
Which government agency regulates employee compensation or payment? -
ANSWERS-DOL
A legally binding contract should include all of the following provisions except: -
ANSWERS-insurance
If a physical asset is to be replaced, the basis for an association's scheduled
replacement consists of the: - ANSWERS-reserve study and replacement fund
budget
A closed board meeting may also be referred to as a: - ANSWERS-executive
session
All of the following are types of association meetings except: - ANSWERS-ad hoc
meetings
, A useful management control to record various maintenance services and
information needed in case of an emergency is a maintenance: - ANSWERS-
contact sheet
All of the following are key contract provisions except: - ANSWERS-contractor's
phone numbers
It is good practice for an association to include a disclaimer in its employee
manual stating that: - ANSWERS-it is not an implied contract or promise of
employment
To get needed maintenance work performed, a manager must organize the
maintenance work into basic categories and: - ANSWERS-create controls for
ensuring that the work will be completed
Upon receipt of a proper petition to call a special meeting, what should the
manager do? - ANSWERS-advise the board of its duty to respond in a timely
manner
All of the following are basic types of contracts except: - ANSWERS-architecture
contracts
In which procedure are performance problems brought to the employee's
attention and actions taken to correct them? - ANSWERS-progressive discipline
system
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