Cmca m100 - Study guides, Class notes & Summaries

CMCA M100

CMCA - M100 Questions And Revised Correct Answers 55 and older community - ANSWER : Must have one person who is 55 years of age or older living in at least 80% of its occupied units. The community must be designated "55 and older" to qualify as this type of housing that legally prohibits children and limits occupancy to a certain age span. The designation process involves submitting applications and obtaining approval before any enforcement of the ages of residents commences. Ap...

CMCA - M100 Exam Questions and Answers

Negligence - ANSWERSfailure to exercise a duty of care Ethics - ANSWERSlearning right from wrong and doing the right thing. Duty of Care - ANSWERSexercising the skill and care a reasonable person would i a similar situation Duty of Loyalty - ANSWERSacting solely in another parties interests when administering their assets Acceleration - ANSWERSthe collection of all assessments due thru the end of the fiscal year accrual basis of accounting - ANSWERSaccounting method that records i...

CMCA M100 Exam Questions and Answers

CMCA M100 WITH COMPLETE SOLUTIONS 100% Negligence failure to exercise a duty of care Ethics learning right from wrong and doing the right thing. Duty of Care exercising the skill and care a reasonable person would i a similar situation Duty of Loyalty acting solely in another parties interests when administering their assets Acceleration the collection of all assessments due thru the end of the fiscal year accrual basis of accounting accounting method that records...

CMCA M100

Negligence - Answer- failure to exercise a duty of care Ethics - Answer- learning right from wrong and doing the right thing. Duty of Care - Answer- exercising the skill and care a reasonable person would i a similar situation Duty of Loyalty - Answer- acting solely in another parties interests when administering their assets Acceleration - Answer- the collection of all assessments due thru the end of the fiscal year accrual basis of accounting - Answer- accounting method that rec...