Cmca latest 2024 - Study guides, Class notes & Summaries

Random CMCA Practice Test Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoice - Answer -C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. The primary management control...

CMCA PRACTICE EXAM QUESTIONS | With Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. - Answer -B Legal review prior to executing a contract will assist the association in the event that: A. A subcontractor is used. B. A performance bond is required. C. There is a budg...

CMCA Sample Exam | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ 1. Quorum requirements conflicts are resolved by: a. state statute. b. the board of directors. c. a vote of those present at a meeting. d. appointment of a person as a proxy. - Answer -A 2. Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully follow all document provisions. c. deductible in the association's insurance p...

Bids & Contracts (CMCA Test Preparation) | Questions and Correct Answers | latest Update 2024/2025 TRUE - Answer -TRUE OR FALSE: A contract is an agreement between two or more parties, enforceable by law, by which each party promises to do, or not do, something. d. retirement plan contributions - Answer -When deciding whether to have staff members or a contractor perform a task, a manager should consider each of the following EXCEPT: a. supervision b. expertise c. number of people d...

CMCA Exam Questions With Answers Latest Updated 2024 (GRADED) Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? A. A purchase order system B. An equipment warranties C. A work order/response form D. A contractor's invoicecorrect answerC. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. The primary management control tool for identifying whether the as...