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 ...
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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