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Exam (elaborations)

CMCA Ethics Module 4 Exam Questions & Answers 2024/2025

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CMCA Ethics Module 4 Exam Questions & Answers 2024/2025 The manager of a community association has professional duty to do all of the following EXCEPT: · Disclose and account for anything of value he or she receives as a result of managing the community association (for example - a valuable ...

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  • October 28, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CMCA Ethics Module 4
  • CMCA Ethics Module 4
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CMCA Ethics Module 4 Exam Questions
& Answers 2024/2025

The manager of a community association has professional duty to do all of the following EXCEPT:

· Disclose and account for anything of value he or she receives as a result of managing the community
association (for example - a valuable gift from a contractor)

· Delegate more authority than he or she has received from the board

· Decline to perform services that he or she is not qualified to perform

· Make a full written disclosure of any matter that presents a potential conflict of interest - ANSWERS·
Disclose and account for anything of value he or she receives as a result of managing the community
association (for example - a valuable gift from a contractor)

· Delegate more authority than he or she has received from the board

· Decline to perform services that he or she is not qualified to perform

· Make a full written disclosure of any matter that presents a potential conflict of interest X



A manager or management firm acquires an interest in a landscape company that is eligible to do
business with the community association. Based on this scenario, which of the following does NOT
qualify as a conflict of interest?

· Management happens to be tasked with or is responsible for maintain landscaping in the community
association common areas

· The manager obtains specific authorization from the board in writing before purchasing the landscaping
company

· The manager receives a share of the profit earned by the landscape company that does business with
the community association

· The manager receives a share of profit from a nursery which sells supplied to the landscape company
that does business with the community association. - ANSWERS· Management happens to be tasked
with or is responsible for maintain landscaping in the community association common areas

· The manager obtains specific authorization from the board in writing before purchasing the landscaping
company X

· The manager receives a share of the profit earned by the landscape company that does business with
the community association

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