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CMCA EXAM PREP EXAM | STUDY QUESTIONS AND ANSWERS GRADED A+ | 2024/2025 GUIDE CMCA EXAM PREP EXAM | STUDY QUESTIONS AND ANSWERS GRADED A+ | 2024/2025 GUIDE CMCA EXAM PREP EXAM | STUDY QUESTIONS AND ANSWERS GRADED A+ | 2024/2025 GUIDE

CMCA Study Guide Exam/160 Questions and Answers/A+ Scores

CMCA Study Guide Verified Questions And Answers 2023

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 - 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. association will be covered for shortfalls in the reserve accounts. d. association will recover any funds lost through employee dishonesty. - D ...

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. association will be covered for shortfalls in the reserve accounts. d. association will recover any funds lost through employee dishonesty. - ANSWER-D 3. Which type of management is the process of operating, maintaining, repairing, and replacing common property? a. Human Resources b. Facilities c. Financial d. Risk - AN...

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CMCA Study Guide

CMCA Study Guide Questions With 100% Correct Answers Articles of incorporation - ANSWER- Bring the corporation into existence, define its basic purposes and powers, indicate whether stock will be issued, and indicate whether there will be a board of directors Bylaws - ANSWER- Formally adopted governing regulations for the administration and management of a community association CC & Rs (Covenants, Conditions & Restrictions) - ANSWER- The governing documents that dictate how the ho...

CMCA Exam Study Guide (100 out of 100) Questions and Verified Solutions