CMCA PRACTICE EXAM QUESTIONS & ANSWERS(GRADED A)EXAM BUNDLE

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 even...

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 el...

C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure maintenance work is completed. - ANSWER 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 war...

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 even...

Statement of Revenue and Expense - ANSWER This report shows the activity over a period of time & therefore will indicate the amount of income received & expenses incurred, whether actual or accrued, for all activity of the association through the 8 months of the fiscal year. The report may also show...

Ad hoc committee - ANSWER used when an objective needs consideration and no standing committee can absorb that issue; short-term basis board liaison system - ANSWER directors assigned to certain committees to guide the committee on Board policy and procedures and to report back to the board

Abstention - ANSWER When a participant in a vote either does not go to vote or, in parliamentary procedure, is present during the vote, but does not cast a ballot. An abstention may be used to indicate the voting individual's ambivalence about the measure or mild disapproval that does not rise to...

Antepartum - ANSWER time period before childbirth Antepartum exercises - ANSWER safe, productive, and recommended during the antepartum period such as swimming, brisk walking, indoor stationary cycling, step or elliptical machines, and low-impact aerobics (taught by a certified aerobics instructo...

TRUE - ANSWER TRUE or FALSE Risk management is the process of making and carrying out decisions that will minimize the adverse effects of accidental losses upon the community association. c. income exposure to loss - ANSWER What type of Exposure to Loss for a community association is character...