100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
M100 Community Association Management Exam Newest Actual Exam With Complete Questions And Answers 2024 $15.99   Add to cart

Exam (elaborations)

M100 Community Association Management Exam Newest Actual Exam With Complete Questions And Answers 2024

 8 views  0 purchase
  • Course
  • M100 Community Association Management
  • Institution
  • M100 Community Association Management

M100 Community Association Management Exam Newest Actual Exam With Complete Questions And Answers 2024 Balance sheet - CORRECT ANSWER-Snapshot of financial condition at a specific point in time. Lists what the association owes and owns and its net worth. Role of CPA - CORRECT ANSWER-Audit - Thoro...

[Show more]

Preview 2 out of 12  pages

  • November 13, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • m100
  • m100 community
  • community associatio
  • M100 Community Association Management
  • M100 Community Association Management
avatar-seller
NURSING2EXAM
M100 Community Association
Management Exam Newest
Actual Exam With Complete
Questions And Answers 2024




Balance sheet - CORRECT ANSWER-Snapshot of financial condition at
a specific point in time. Lists what the association owes and owns and its
net worth.


Role of CPA - CORRECT ANSWER-Audit - Thorough examination of
financials
Review - Spot check
Compilation - Slap docs on CPA letterhead (no check)


Investments - CORRECT ANSWER-Purchase of anything with money
value for the purpose of generating additional income over time.
Safety - Protect the principal amount.

, Liquidity - Ease with which an investment can be converted to cash.
Yield - Amount of return on investment.


Five Types of Maintenance - CORRECT ANSWER-Routine
Preventative
Emergency Services
Requested
Reserve


Maintenance Management Tools - CORRECT ANSWER-Checklists
Charts of information
Calendars or schedules
Inventories
Work orders
Request forms


Characteristics of a Community Association - CORRECT ANSWER-
Mandatory membership
Mutually binding documents
Lien-based assessments


Purposes of a Community Association - CORRECT ANSWER-Business
- Not for profit
Government - Runs like a mini-government

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 NURSING2EXAM. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 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
$15.99
  • (0)
  Add to cart