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CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE
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CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE
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10/22/24, 11:40 AM CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE Flashcards | …CMCA EXAM 2024 REAL EXAM 170 QUESTIONS
AND CORRECT ANSWERS(VERIFIED
ANSWERS)|AGRADE
Terms in this set (54)
1. Quorum requirements A
conflicts are resolved by:
a. state statute.
b. the board of directors.
c. a vote of those present
at a meeting.
d. appointment of a
person as a proxy.
2. Fidelity insurance E
provides coverage to
ensure that the:
a. board will meet its
fiduciary obligations.
b. manager will faithfully
follow all document
provisions.
c. deductible in the
association's insurance
policies is reimbursed.
d. association will be
covered for shortfalls in
the reserve accounts.
e. association will recover
any funds lost through
employee dishonesty.
https://quizlet.com/960751595/cmca-exam-2024-real-exam-170-questions-and-correct-answersverified-answersagrade-flash-cards/?new 1/20
,10/22/24, 11:40 AM CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE Flashcards | …
3. Which type of B
management is the
process of operating,
maintaining, repairing, and
replacing common
property?
a. Human Resources
b. Facilities
c. Financial
d. Risk
4. The higher a document's D
place in the hierarchy, the:
a. harder it is to
implement.
b. greater its power with
the board.
c. more it is regulated
legally.
d. greater its legal weight
in a court of law.
5. Based on which type of C
requirements would you
choose a contractor over
the association to
complete work?
a. Low urgency, costs
adequate tools available
b. High urgency, low
supervision and training
possibly needed
c. Requires supervision,
expertise required and
low urgency
d. Low Costs, high
urgency and borrowed
tools
https://quizlet.com/960751595/cmca-exam-2024-real-exam-170-questions-and-correct-answersverified-answersagrade-flash-cards/?new 2/20
, 10/22/24, 11:40 AM CMCA EXAM 2024 REAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE Flashcards | …
6. Who is required to be D
present for an annual
association membership
meeting to conduct
business?
a. The treasurer and the
secretary
b. A quorum of the board
of directors
c. All members of the
board of directors
d. A quorum of the
members
Which of the following D
would a condominium unit
member's personal
insurance policy cover
when it is the
primary insurance policy?
a. Wind damage to the
roof of the member's unit.
b. Bodily injury due to a
slip and fall in the
common area in front of
the member's unit.
c. Bodily injury due to the
association using the
member's automobile.
d. Bodily injury due to a
slip and fall within a
member's unit.
e. Fire damage to the
association's unimproved
common walls.
https://quizlet.com/960751595/cmca-exam-2024-real-exam-170-questions-and-correct-answersverified-answersagrade-flash-cards/?new 3/20
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