100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CMCA EXAM QUESTIONS AND ANSWERS 2024 $17.99   Add to cart

Exam (elaborations)

CMCA EXAM QUESTIONS AND ANSWERS 2024

 7 views  0 purchase
  • Course
  • CMCA
  • Institution
  • CMCA

CMCA EXAM QUESTIONS AND ANSWERS 2024

Preview 4 out of 41  pages

  • October 21, 2024
  • 41
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CMCA
  • CMCA
avatar-seller
Teacher101
CMCA EXAM

Which type of management is the process of operating, maintaining, repairing,
and replacing common property? - ANSWERS-Facilities



The higher a document's place in the hierarchy, the: - ANSWERS-greater its legal
weight in a court of law



Based on which type of requirements would you choose a contractor over the
association to complete work? - ANSWERS-requires supervision, expertise
required and low urgency



Who is required to be present for an annual association membership meeting to
conduct business? - ANSWERS-a quorum of the members



Which of the following would a condominium unit member's personal insurance
policy cover when it is the primary insurance policy? - ANSWERS-bodily injury due
to a slip and fall within a member's unit



Community association governing documents and state statutes may require who
to be involved in preparing annual reports? - ANSWERS-a CPA



What is a typical management control used to identify physical assets? -
ANSWERS-inventory

,When a contractor fails to perform to the terms of the contract, which provision
in the contract allows the association to terminate? - ANSWERS-default provisions



Where can an individual find the owner and association's maintenance
responsibilities? - ANSWERS-the declaration



At the monthly board meeting, it is the role of the manager to do all of the
following except: - ANSWERS-call for a vote on an issue



All of the following are goals of maintenance in a community association except: -
ANSWERS-increasing the association's profits



The use of parliamentary procedure during meetings helps to ensure that: -
ANSWERS-the board considers one item of business at a time



GAAP requires which statement for year-end reports for a community
association? - ANSWERS-cash flows



When developing a rule, the rule must be capable of: - ANSWERS-uniform
enforcement



If you prepare a maintenance responsibility chart for your community association,
it must be based on all of the following except: - ANSWERS-human resource policy

,Who is responsible for selecting a contractor? - ANSWERS-Board



A manager must take into consideration all of the following Federal laws during
the hiring process, except the: - ANSWERS-Housing and Urban Recovery Act of
1983



Which government agency regulates employee compensation or payment? -
ANSWERS-DOL



A legally binding contract should include all of the following provisions except: -
ANSWERS-insurance



If a physical asset is to be replaced, the basis for an association's scheduled
replacement consists of the: - ANSWERS-reserve study and replacement fund
budget



A closed board meeting may also be referred to as a: - ANSWERS-executive
session



All of the following are types of association meetings except: - ANSWERS-ad hoc
meetings

, A useful management control to record various maintenance services and
information needed in case of an emergency is a maintenance: - ANSWERS-
contact sheet



All of the following are key contract provisions except: - ANSWERS-contractor's
phone numbers



It is good practice for an association to include a disclaimer in its employee
manual stating that: - ANSWERS-it is not an implied contract or promise of
employment



To get needed maintenance work performed, a manager must organize the
maintenance work into basic categories and: - ANSWERS-create controls for
ensuring that the work will be completed



Upon receipt of a proper petition to call a special meeting, what should the
manager do? - ANSWERS-advise the board of its duty to respond in a timely
manner



All of the following are basic types of contracts except: - ANSWERS-architecture
contracts



In which procedure are performance problems brought to the employee's
attention and actions taken to correct them? - ANSWERS-progressive discipline
system

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Teacher101. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart