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CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) ALREADY GRADED A+ $13.99   Add to cart

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CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) ALREADY GRADED A+

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CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) ALREADY GRADED A+

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  • November 8, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CMCA
  • CMCA
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CMCA EXAM 2024 REAL

EXAM 170 QUESTIONS AND

CORRECT

ANSWERS(VERIFIED

ANSWERS) ALREADY

GRADED A+

, lOMoARcPSD|15424936




CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT
ANSWERS(VERIFIED ANSWERS) ALREADY GRADED A+




Why are special membership meetings held? - ANSWER- To conduct specific business
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Executive sessions should typically be used for discussing which of the following issues:
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- ANSWER- Member's delinquency
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Which of the following is a duty of a manager attending a board meeting? -
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ANSWER- Be the time keeper.
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If the governing documents and laws present conflicting notice periods, follow: -
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ANSWER- State laws.
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If an owner fails to receive notice of a meeting, the association is not responsible if the
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owner: - ANSWER- Did not notify the association of their current address.
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Board meeting minutes should include which of the following: - ANSWER- Exact
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wording of each motion.
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If a proxy vote needs to be approved, the best option for an approver would be: -
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ANSWER- The secretary.
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Where would a manager find guidelines regarding the association's responsibility for
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maintaining physical assets? - ANSWER- Board resolutions.
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The primary management control tool for identifying whether the association
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needs to maintain a particular property element is: - ANSWER- Maintenance
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responsibility chart.
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To determine which physical assets must be maintained by the association, the
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manager should: - ANSWER- Review the association governing documents.
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, lOMoARcPSD|15424936




Which of the following is a common management control for ensuring
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maintenance work is performed in a timely manner? - ANSWER- A work
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order/response form.
f f




When monitoring maintenance of an association's swimming pool, which of the
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following should be entered into a permanent log at regular intervals? - ANSWER-
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Chlorine level readings.
f f f




Which of the following is an example of an association control system? -
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ANSWER- Frequent neighborhood inspections. f f f




A work order: - ANSWER- Assigns maintenance tasks.
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Which type of maintenance should be managed with a routine maintenance
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contract? - ANSWER- Cutting the grass f f f f




Which method is the best alternative to increasing assessments? - ANSWER- Increasing
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income by charging higher user fees.
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When the Board reviews the proposed budget for approval, what should it
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consider? - ANSWER- The financial position of the association.
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What is the primary source of requirements when developing the association's
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annual maintenance budget? - ANSWER- Governing documents.
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When an association contracts out all of its service and has no employees, it is a
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best business practice to: - ANSWER- Negotiate contracts within the bidding
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process.

Directors and officers liability insurance is designed to cover claims resulting
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from: - ANSWER- Wrongful acts of employees of the association.
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A component of building ordinance insurance coverage includes: - ANSWER-
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Extra demolition.
f




Which of the following types of insurance coverage is one of limited value to a
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community association? - ANSWER- Assessment fee receivable. f f f f f




What section of an insurance policy describes the coverage limits, deductibles,
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policy period, and premium? - ANSWER- Declaration page(s).
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