SOLUTIONS GRADED A+
✔✔When a contractor fails to perform to the terms of the contract, which provision in the
contract allows the association to terminate?
a. default provisions
b. warranty provisions
c. insurance provisions
d. performance provisions - ✔✔A
✔✔Where can an individual find the owner and association's maintenance
responsibilities?
a. the plat map
b. the declaration
c. the state statute
d. the lease - ✔✔B
✔✔At the monthly board meeting, it is the role of the manger to do all of the following
except:
a. implement the decisions of the board
b. call for a vote on an issue
c. keep discussions on target
d. act as a resource to the board - ✔✔B
✔✔All of the following are goals of maintenance in a community association except:
a. meeting the needs of the residences
b. preserving and enhancing the common property
c. limiting injury to residences, guests and employees
d. increasing the association's profits - ✔✔D
✔✔The use of parliamentary procedure during meetings helps to ensure that:
a. quorum requirements are met
b. only effective motions are made
c. the board considers one item of business at a time
d. the presiding officer is knowledgeable of meeting procedures - ✔✔C
✔✔GAAP requires which statement for year-end reports for a community association?
a. cash flows
b. auditing
c. compilation
d. budgeting - ✔✔A
✔✔When developing rules, the rules must be capable of:
a. uniform enforcement
,b. modiciations and revisions
c. limited interpretations
d. selective enforcement - ✔✔A
✔✔If you prepare a maintenance responsibility chart for your community association, it
must be based on all of the following except:
a. bylaws and declaration
b. board policies
c. state statutes
d. human resource policy - ✔✔D
✔✔Who is responsible for selecting a contractor?
a. board
b. president
c. manager
d. owners/residents - ✔✔A
✔✔A manager must take into consideration all of the following federal laws during the
hiring process, except the:
a. Americans with Disabilities Act of 1990
b. Immigration Reform and Control Act of 1986
c. Housing and Urban Recovery Act of 1983
d. Family and Medical Leave Act of 1993 - ✔✔C
✔✔Which government agency regulates employee compensation or payment?
a. FDIC
b. FICA
c. OSHA
d. DOL - ✔✔D
✔✔A legally binding contract should include all of the following provisions except:
a. assignability
b. waiver
c. insurance
d. severability - ✔✔C
✔✔If a physical asset is to be replaced, the basis for an association's scheduled
replacement consists of the:
a. reserve study and replacement fund budget
b. maintenance record and inspection report
c. inspection checklist and reserve fund budget
d. inspection report and analysis sheet - ✔✔A
✔✔A closed board meeting may also be referred to as a:
, a. private session
b. board session
c. executive session
d. committee session - ✔✔C
✔✔All of the following are types of association meetings except:
a. special meetings
b. annual meetings
c. ad hoc meetings
d. owner meetings - ✔✔C
✔✔A useful management control to record various maintenance services and
information needed in case of an emergency is a maintenance:
a. responsibility chart
b. analysis sheet
c. request form
d. contact sheet - ✔✔D
✔✔All of the following are key contract provisions except:
a. standards of performance
b. job site safety requirements
c. the manner in which payments are made
d. contractor's phone numbers - ✔✔D
✔✔It is good practice for an association to include a disclaimer in its employee manual
stating that:
a. employment is based on experience and references
b. it is not an implied contract or promise of employment
c. employment may include a background check
d. the association is not responsible for any possible injuries on the job - ✔✔B
✔✔To get needed maintenance work performed, a manager must organize the
maintenance work into basic categories and:
a. pay all invoices when presented
b. create controls for ensuring that the work will be completed
c. get at least five bids for work over $1,000
d. have the board inspect the work - ✔✔B
✔✔Upon receipt of a proper petition to call a special meeting, what should the manager
do?
a. arrange a meeting with counsel
b. advise the board to address it at the next scheduled meeting
c. advise the board of its duty to respond in a timely manner
d. set up a special meeting location - ✔✔C