Random CMCA Practice Test Questions (Under Construction) Exam Questions and answers Newest RATED A+ 2025/2026

Random CMCA Practice Test Questions (Under
Construction) Exam Questions and answers Newest
RATED A+ 2025/2026
C. A work order/response form - A, B, and D speak to elements OTHER than a control to ensure
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maintenance work is completed. - Answers Which of the following is a common management
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control for ensuring maintenance work is performed in a timely manner?
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A. A purchase order system
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B. An equipment warranties
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C. A work order/response form
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D. A contractor's invoice
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Il` C. Maintenance responsibility chart along, with the governing documents, defines parameters of
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Il` association maintenance responsibility. Il` Il`




The other answers have no bearing on necessity of maintenance or maintenance responsibility. -
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Answers The primary management control tool for identifying whether the association needs to
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maintain a particular property element is:
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A. Physical inspections
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B. Association bylaws
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C. Maintenance responsibility chart
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D. Community asset inventory
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Il` B. Re-roofing the buildings - Large contracts involving significant material purchase and/or use of
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Il` sub-contractors commonly include lien waivers and should be recommended to the board. Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`

,A, C, and D typically do not include significant material purchases or the use of sub-contractors so
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a waiver of lien is not necessary. - Answers In what type of a contract would a waiver of lien by
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recommended?
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A. Repair of the HVAC system
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B. Re-roofing the buildings
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C. Repair of the pool pump
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D. Annual tree pruning
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Il` B. Maintain certain limits of insurance - Co-insurance seeks to the limits of insurance in place at
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Il` the time of a loss and speaks to insurance obligation for the parties involved in the claim.
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Co-insurance does not obligate the Association to pay a deductible. Provides no obligation to Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




provide insurance for homeowners. - Answers What does "Co-Insurance" obligate the
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Association to do?
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A. Pay the deductible
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B. Maintain certain limits of insurance
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C. Cover the depreciated value of all association buildings
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D. Provide insurance for homeowners
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Il` A. Negotiate contracts within the bidding process.
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Incorrect Answers: Il`




B. Employment practices liability insurance is typically purchased by an association that has
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employees to provide coverage against certain types of claims by those employees, and usually
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accompanies a workers compensation insurance policy.
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,C. The association MUST NEVER assume that contractors carry their own insurance coverage and
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should require all contractors to provide evidence of insurance.
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D. D&O insurance policies is designed to pay for wrongful acts that do not lead to property
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damage (PD), bodily injury (BI), personal injury (PI), or advertising injury (AI); an example of a
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claim for coverage under D&O would be if a board of directors is accused of not uniformly
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enforcing rules or covenants. Therefore, it is unlikely that the services of independent contractors
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would lead to claims under D&O. - Answers When an association contracts out all of its services
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and has no employees, it is a best business practice to:
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A. Negotiate contracts within the bidding process.
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B. Purchase employment practices liability insurance.
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C. Assume the contractors carry their own insurance coverage.
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D. Increase the coverage under the D&O insurance policy.
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Il` A. Did not notify association of their current address. It is the owner's responsibility to provide
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Il` current contact information to Management. Il` Il` Il` Il`




Incorrect:

B. The duty to notify all owners of meetings belongs to the Board, which is often delegated to
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Management.
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C. Signing a petition to hold a meeting is not legal notice of the meeting. The duty to notify all
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owners of meetings belongs to the Board, which is often delegated to Management.
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D. The notice of meetings is sent to the "Owner of Record" at the last known address. In the case
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of multiple owners sharing title to a unit, the owners of that unity have the duty to notify the
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Board/Management which one of the owners will receive notices, and provide current contact
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information. - Answers If an owner fails to receive notice of a meeting, the association is not
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responsible if the owner:
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, A. Did not notify association of their current address.
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B. Does not usually attend the meetings.
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C. Already signed the petition to call the meeting.
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D. Shares title with multiple owners.
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Il` A. Governing documents
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Incorrect:



B. The maintenance plan is plan for doing repairs.
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C. Will show financial position but not what maintenance work is required.
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D. Reserves are funded separately for long term repairs. - Answers What is the primary source of
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requirements when developing the association's annual maintenance budget?
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A. Governing documents
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B. State law
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C. Annual audit
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D. Reserve Study
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Il` B. More accurately reflects the association's financial condition. Under the modified accrual
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Il` basis, also sometimes referred to as modified cash basis, some accounts, such as assessment
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Il` income, are maintained on the accrual basis and other accounts, such as interest or other
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Il` miscellaneous income accounts, and some expenses, such as miscellaneous repairs, are Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




Il` maintained on a cash basis. The accrual of major expenses in particular, such as a contract for
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Il` landscaping, trash removal, etc., regardless of non-receipt invoices, gives the read a much more
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Il` accurate depiction of the association's financial standing, as the accruals serve to alert the reader
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Il` to recognition of obligations that the association must meet.
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