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CMCA EXAM CMCA EXAM 180 QUESTIONS AND VERIFIED ANSWERS LATEST RATED A.

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CMCA EXAM CMCA EXAM 180 QUESTIONS AND VERIFIED ANSWERS LATEST RATED A.

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CMCA
Course
CMCA

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lOMoARcPSD|15424936




CMCA EXAM / CMCA EXAM 180 QUESTIONS AND VERIFIED
ANSWERS LATEST 2023/2024 | RATED A+
1. Why are special membership meetings held? - ANSWER- To conduct specific
Executive sessions should typically be used for discussing which of the following issues: -
business
2. ANSWER- Member's
delinquency

3.
Which of the following is a duty -of ANSWER-a manager attending
Be the a board
meeting? time
4. If the
keeper.governing documents and laws present conflicting notice periods, follow: - ANSWER- State
laws
.
5. If an owner fails to receive notice of a meeting, the association is not responsible if the owner: -
ANSWER- Did not notify the association of their current.
address
6. Board meeting minutes should include which of the following: - ANSWER- Exac t wording of each
motion.

7. If a proxy vote needs to be approved, the best option for an approver would be: - ANSWER- The
secretary.
Where would a manager find guidelines regarding the association's responsibility for maintaining
8.
physical assets? - ANSWER- Board resolutions.
The primary management control tool for identifying whether the association needs to maintain a
9. particular property element is: - ANSWER- Maintenance responsibility
chart.

10. To determine which physical assets must be maintained by the association, the manager should: -
ANSWER- Review the association governing.
documents




CMCA

, lOMoARcPSD|15424936




11. 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.
12. When monitoring maintenance of an association's swimming pool, which of the following should be
entered into a permanent log at regular intervals? - ANSWER- Chlorine level
readings.
13. Which
of the following is an example of an association control system? -

ANSWER- Frequent neighborhood inspections.
14.
A work order: - ANSWER- Assigns maintenance tasks.

15. Which type of maintenance should be managed with a routine maintenance contract?
- ANSWER- Cutting the grass
16. Which method is the best alternative to increasing assessments? - ANSWER- Increasing income
by
charging higher user fees.
17.
When the Board reviews the proposed budget for approval, what should it . consider? -
ANSWER- The financial position of the association

18. What is the primary source of requirements when developing the association's annual
maintenance budget? - ANSWER- Governing documents.
19. 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.

20. Directors and officers liability insurance is designed to cover claims resulting




CMCA

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from: - ANSWER- Wrongful acts of employees of the association.
21. A component of building ordinance insurance coverage includes: - ANSWER- Extra
demolition.
22. Which of the following types of insurance coverage is one of limited value to a
. community association? - ANSWER- Assessment fee receivable

23. What section
To provide forofpayment
an insurance
of thepolicy describes
insurance the coverage
deductible, limits,
you would: deductiblesAllow for costs in the , policy
- ANSWER-
- ANSWER-
operating Declaration page(s).
budget. period,
and premium? 24.


25. Liability claims should be sent to the insurer: - ANSWER- Without admitting
negligence.
26. What does "Co-Insurance" obligate the Association to do? - ANSWER- Maintain certain limits of
insurance.
27. Legal review prior to executing a contract will assist the association in the even t that: - ANSWER- The
board has questions or.
concerns
28. 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:
29. - ANSWER- Attach bid
specifications.

30. Alternative dispute
resolution includes




CMCA

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