Tentamen (uitwerkingen)
CMCA EXAM 2023 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE
- Vak
- Instelling
CMCA EXAM 2023 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE
[Meer zien]Voorbeeld 3 van de 21 pagina's
Voorbeeld 3 van de 21 pagina's
In winkelwagen
In winkelwagen
2 beoordelingen
Door: uepwyzwu07 • 4 maanden geleden
Door: vazguz • 1 jaar geleden
Verkoper
Volgen
johnkabiru
Ontvangen beoordelingen
Voorbeeld van de inhoud
CMCA EXAM 2023 REAL EXAM 17 0 QUESTIONS AND CORRECT ANSWERS( VERIFIED ANSWERS )|AGRADE Why are special membership meetings held? - ANSWER - To conduct specific business Executive sessions should typically be used for discussing which of the following issues: - ANSWER - Member's delinquency Which of the fo llowing is a duty of a manager attending a board meeting? - ANSWER - Be the time keeper. If the governing documents and laws present conflicting notice periods, follow: - ANSWER - State laws. If an owner fails to receive notice of a meeting, the associatio n is not responsible if the owner: - ANSWER - Did not notify the association of their current address. Board meeting minutes should include which of the following: - ANSWER - Exact wording of each motion. If a proxy vote needs to be approved, the best opti on for an approver would be: - ANSWER - The secretary. Where would a manager find guidelines regarding the association's responsibility for maintaining physical assets? - ANSWER - Board resolutions. The primary management control tool for identifying wheth er the association needs to maintain a particular property element is: - ANSWER - Maintenance responsibility chart . To determine which physical assets must be maintained by the association, the manager should: - ANSWER - Review the association governing doc uments. Which of the following is a common management control for ensuring maintenance work is performed in a timely manner? - ANSWER - A work order/response form. When monitoring maintenance of an association's swimming pool, which of the following shoul d be entered into a permanent log at regular intervals? - ANSWER - Chlorine level readings. Which of the following is an example of an association control system? - ANSWER - Frequent neighborhood inspections. A work order: - ANSWER - Assigns maintenance tasks. Which type of maintenance should be managed with a routine maintenance contract? - ANSWER - Cutting the grass Which method is the best alternative to increasing assessments? - ANSWER - Increasing income by charging higher user fees. When the Board reviews the proposed budget for approval, what should it consider? - ANSWER - The financial position of the association. What is the primary source of requirements when developing the association's annual mainten ance budget? - ANSWER - Governing documents. When an association contracts out all of its service and has no employees, it is a best business practice to: - ANSWER - Negotiate contracts within the bidding process. Directors and officers liability insurance is designed to cover claims resulting from: - ANSWER - Wrongful acts of employees of the association. A component of building ordinance insurance coverage includes: - ANSWER - Extra demolition. Which of the following types of insurance coverage is one of limited value to a community association? - ANSWER - Assessment fee receivable. What section of an insurance policy describes the coverage limits, deductibles, policy period, and premium? - ANSWER - Declaration page(s). To provide for payment of the insura nce deductible, you would: - ANSWER - Allow for costs in the operating budget. Liability claims should be sent to the insurer: - ANSWER - Without admitting negligence. What does "Co -Insurance" obligate the Association to do? - ANSWER - Maintain certain limi ts of insurance. Legal review prior to executing a contract will assist the association in the event that: - ANSWER - The board has questions or concerns. In older condominiums, an association should have what type of contract covering mechanical equipment? - ANSWER - Preventive maintenance. Rather than describing the scope of work in detail in the contract, a manager may: - ANSWER - Attach bid specifications . Alternative dispute resolution includes which of the following methods? - ANSWER - Mediation. Employment contracts need not include: - ANSWER - Interests. In terms of compensation, a contract should state: - ANSWER - When and on what terms payment(s) wil l be made. Preparing a bid request includes which of the following? - ANSWER - Identifying potential contractors. For which project would a board most likely want to use a consultant to help develop bid specifications? - ANSWER - Repairing and/or replacing all roofs. In what type of a contract would a waiver of lien be recommended? - ANSWER - Re-roofing the buildings. When a dispute is mediated, an uninvolved third party facilitates discussion and: - ANSWER - Assists both parties in reaching a mutually acce ptable agreement .Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper johnkabiru. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €28,51. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 83637 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen