CMCA PRACTICE EXAM QUESTIONS
AND ANSWERS 100% PASS
In preparing the association's annual financial report, many governing documents specify: -
ANS Retaining an independent certified public accountant
When a dispute is mediated, the uninvolved third party facilitates discussion and -
ANS Assists both parties in reaching a mutually acceptable agreement
When developing a rule, it must be consistent with.... - ANS Applicable statues and governing
documents
What would impact the operation of a newly installed entry control system? -
ANS Communicating the access control policy to residents
The BOD receives its authority to perform its specific duties through the: - ANS governing
documents
What has the greatest regulatory influence on the management of a community association? -
ANS specific state statutes
What duty does the BOD and manager have to its members? - ANS Loyalty
management conducts its day to day operation of the association in accordance with: -
ANS contract
@COPYRIGHT ALL RIGHTS RESERVED PAGE 1 OF 6
, in an initial letter you send to an owner who has violated one of the associations adopted rules,
what is the best way to get the owner in compliance? - ANS Offer to meet to hear the
owner's viewpoint
If you have a proprietary lease in a development, what is your best interest in the property? -
ANS stock membership
a board exercises its fiduciary responsibility by: - ANS establishing internal controls.
the primary purpose of a community association is to - ANS deal with governance and
business
in the hierarchy of a community associations governing documents, what is the highest
authority? - ANS declaration
who has the ultimate responsibility for the care and maintenance of the common areas,
facilities, and physical property? - ANS the board of directors
where would a manager find guidelines regarding the associations responsibility for maintaining
the physical assets? - ANS board resolutions
to determine which physical assets must be maintained by the association, the manager should:
- ANS review the association governing documents
a work order: - ANS assigns maintenance tasks
the primary management control tool for identifying whether the association needs to maintain
a particular property element is: - ANS maintenance responsibility chart
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 6
AND ANSWERS 100% PASS
In preparing the association's annual financial report, many governing documents specify: -
ANS Retaining an independent certified public accountant
When a dispute is mediated, the uninvolved third party facilitates discussion and -
ANS Assists both parties in reaching a mutually acceptable agreement
When developing a rule, it must be consistent with.... - ANS Applicable statues and governing
documents
What would impact the operation of a newly installed entry control system? -
ANS Communicating the access control policy to residents
The BOD receives its authority to perform its specific duties through the: - ANS governing
documents
What has the greatest regulatory influence on the management of a community association? -
ANS specific state statutes
What duty does the BOD and manager have to its members? - ANS Loyalty
management conducts its day to day operation of the association in accordance with: -
ANS contract
@COPYRIGHT ALL RIGHTS RESERVED PAGE 1 OF 6
, in an initial letter you send to an owner who has violated one of the associations adopted rules,
what is the best way to get the owner in compliance? - ANS Offer to meet to hear the
owner's viewpoint
If you have a proprietary lease in a development, what is your best interest in the property? -
ANS stock membership
a board exercises its fiduciary responsibility by: - ANS establishing internal controls.
the primary purpose of a community association is to - ANS deal with governance and
business
in the hierarchy of a community associations governing documents, what is the highest
authority? - ANS declaration
who has the ultimate responsibility for the care and maintenance of the common areas,
facilities, and physical property? - ANS the board of directors
where would a manager find guidelines regarding the associations responsibility for maintaining
the physical assets? - ANS board resolutions
to determine which physical assets must be maintained by the association, the manager should:
- ANS review the association governing documents
a work order: - ANS assigns maintenance tasks
the primary management control tool for identifying whether the association needs to maintain
a particular property element is: - ANS maintenance responsibility chart
@COPYRIGHT ALL RIGHTS RESERVED PAGE 2 OF 6