Certified Manager of Community Associations (CMCA) Exam,
Exam Coverage
The exam coverage includes the core competencies required for the
Certified Manager of Community Associations (CMCA) Exam,
administered by the Community Association Managers International
Certification Board. It focuses on community association governance,
including the roles and responsibilities of boards of directors,
governing documents, and meeting procedures. The exam also
evaluates knowledge of financial management, budgeting, accounting
principles, facilities maintenance, contract management, and risk
management. Emphasis is placed on legal compliance, ethical
professional conduct, effective communication with homeowners and
,boards, and the practical skills needed to manage condominium,
cooperative, and homeowners associations successfully. 🏘️📘
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
,Which types of management is the process of operating, maintaining,
repairing, and replacing common property?
a. human resources
b. facilities
c. financial
d. risk
B
, 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
Exam Coverage
The exam coverage includes the core competencies required for the
Certified Manager of Community Associations (CMCA) Exam,
administered by the Community Association Managers International
Certification Board. It focuses on community association governance,
including the roles and responsibilities of boards of directors,
governing documents, and meeting procedures. The exam also
evaluates knowledge of financial management, budgeting, accounting
principles, facilities maintenance, contract management, and risk
management. Emphasis is placed on legal compliance, ethical
professional conduct, effective communication with homeowners and
,boards, and the practical skills needed to manage condominium,
cooperative, and homeowners associations successfully. 🏘️📘
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
,Which types of management is the process of operating, maintaining,
repairing, and replacing common property?
a. human resources
b. facilities
c. financial
d. risk
B
, 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
