Exam
Exam Coverage
The exam coverage includes the leadership and management
principles taught in M-100 Community Management, a preparatory
course for the Certified Manager of Community Associations (CMCA)
Exam offered through the Community Associations Institute. It focuses
on the roles and responsibilities of community association managers,
governance structures, and working effectively with boards of
directors. The exam also assesses knowledge of financial
management, budgeting, facilities maintenance, risk management,
contract administration, and ethical leadership. Emphasis is placed on
effective communication, decision-making, and applying best
,practices to manage condominium, cooperative, and homeowners
associations efficiently. 🏘️📘
True or false: The role of the professional community association
manager is to make all decisions for the association and to delegate
information-gathering and fact-finding support to the board of
directors.
False. The professional manager assists the board by providing
information-gathering, implementing board decisions, and
administering services within the policies set by the board.
,Which of the following community association committees typically
are assigned responsibilities related to elections, nominations, and
architectural standards? a. standing committees b. professional
committees c. ad hoc committees d. mandatory committees
d. mandatory committees. A mandatory committee is required by the
governing documents and is typically assigned responsibilities such as
elections, nominations, and architectural standards.
, In which of the following forms of community association
management is the association managed by the board itself or by
committees under the direction of the board? a. management
company b. volunteer or self-management c. association-employed
manager d. municipal management
b. volunteer or self-management. Self-managed associations handle
all community functions, including accounting, record keeping, and
collecting dues. Approximately 150,000 self-managed associations
exist in the U.S.