CMCA PRACTICE EXAM ACTUAL 2026
QUESTIONS AND VERIFIED ANSWERS
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Terms in this set (146)
Quorum requirements conflicts are A
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
Fidelity insurance provides D
coverage to ensure that the:
a. board will meet its fiduciary
obligations.
b. manager will faithfully follow all
document provisions.
c. association will be covered for
shortfalls in the reserve accounts.
d. association will recover any funds
lost through employee dishonesty
,Which types of management is the B
process of operating, maintaining,
repairing, and replacing common
property?
a. human resources
b. facilities
c. financial
d. risk
The higher a document's place in D
the hierarchy, the:
a. harder it is to implement
b. greater its power with the board
c. more it is regulated legally
d. great its legal weight in a court of
law
Based on which type of C
requirements would you choose a
contractor over the association to
complete work?
a. low urgency, cost 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
, Who is required to be present for D
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 would a D
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.
Community association governing A
documents and state statutes may
require who to be involved in
preparing annual reports?
a. a CPA
b. the owners
c. an ad hoc committee
d. the management company
QUESTIONS AND VERIFIED ANSWERS
Save
Terms in this set (146)
Quorum requirements conflicts are A
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
Fidelity insurance provides D
coverage to ensure that the:
a. board will meet its fiduciary
obligations.
b. manager will faithfully follow all
document provisions.
c. association will be covered for
shortfalls in the reserve accounts.
d. association will recover any funds
lost through employee dishonesty
,Which types of management is the B
process of operating, maintaining,
repairing, and replacing common
property?
a. human resources
b. facilities
c. financial
d. risk
The higher a document's place in D
the hierarchy, the:
a. harder it is to implement
b. greater its power with the board
c. more it is regulated legally
d. great its legal weight in a court of
law
Based on which type of C
requirements would you choose a
contractor over the association to
complete work?
a. low urgency, cost 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
, Who is required to be present for D
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 would a D
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.
Community association governing A
documents and state statutes may
require who to be involved in
preparing annual reports?
a. a CPA
b. the owners
c. an ad hoc committee
d. the management company
