CMCA EXAM Updated UPDATED ACTUAL Exam Questions and CORRECT Answers | Comprehensive Review Guide

CMCA EXAM Updated UPDATED ACTUAL Exam Questions and
CORRECT Answers | Comprehensive Review Guide

Question 1.
action item list

Correct Answer: a documented event, task, activity, or action that needs to
take place usually documented in the meeting minutes and are recorded in
the task list of the group—at the next meeting it is reviewed by the group and
at that meeting the facilitator will check the status of these items


Question 2.
agenda

Correct Answer: a list of meeting activities in the order in which they are to be
taken up, beginning with the call to order and ending with the adjournment


Question 3.
amend a motion

Correct Answer: used to modify another motion; takes three basic forms: 1)
inserting or adding words or paragraphs; 2) striking out words or paragraphs,
and; 3) striking out words and inserting or adding others, or substituting an
entire paragraph or complete resolution for another


Question 4.
ballot

Correct Answer: a device used to record choices made by voters; each voter
uses one and are not shared


Question 5.
committee report

Correct Answer: highlight matters to be decided and recommendations to the
board; the actions suggested to the board are clearly stated and should follow
a standard format


Question 6.
debate

Correct Answer: during an election, a formal discussion involving opposing
candidates vying for the same position

,Question 7.
executive session

Correct Answer: when a board must hold a discussion or make decisions of a
sensitive nature; the topics that commonly discussed and are allowable by law
usually include personnel issues, contract negotiations and discussions,
lawsuits and other legal matters, and governing document violations


Question 8.
financial report

Correct Answer: a report on the association's income and expense activities
including a general ledger, variance, accounts payable, income statement and
balance sheet


Question 9.
majority

Correct Answer: over 50% of the votes needed to win an election (can come
from those owners who attend the meeting, in person or by proxy) to decide
all matters except special issues


Question 10.
management report

Correct Answer: a report on the association's current projects and
administrative activities
• minutes -✓✓document the decisions made during a meeting, providing a
permanent public record of positions and actions taken by the board


Question 11.
motion

Correct Answer: a formal proposal stating that the association took a certain
action


Question 12.
notice of meeting

Correct Answer: an official announcement, which should be sent in writing to
board members at least a week in advance


Question 13.
parliamentary procedure

,Correct Answer: the body of rules, ethics, and customs governing meetings
and other operations


Question 14.
plurality

Correct Answer: awards the election to the candidate with the most votes,
regardless of whether or not they received the majority


Question 15.
proxy

Correct Answer: the agency, function, or power of a person authorized to act
or vote in place of another resident who could not be present


Question 16.
quorum

Correct Answer: the number of residents required to be present to transact
business legally established in the association's by-laws


Question 17.
Robert's Rules of Order

Correct Answer: common rules and procedures for deliberation and debate in
order to place the whole membership on the same footing and speaking the
same language


Question 18.
second a motion

Correct Answer: needed immediately after a proposal by another member of
the body for consideration by the assembly


Question 19.
table a motion

Correct Answer: incomplete items on the agenda that are rescheduled for
another meeting


Question 20.
timed agenda

Correct Answer: a more specific agenda that limits focus on specific areas, so
as to move the meeting along at a more thorough and prompt pace

, Question 21.
Articles of Incorporation

Correct Answer: brings the association into existence, defines its basic
purposes and powers, indicates whether stock will be issued, and indicates
whether there will be a board of directors


Question 22.
Bylaws

Correct Answer: formally adopted governing regulations for the
administration and management of a community association


Question 23.
CC&Rs (Covenants, Conditions & Restrictions)

Correct Answer: the governing documents that dictate how the homeowners
association operates and what rules the owners—and their tenants and guests
—must obey; these legal documents might also be called the bylaws, the
master deed, the houses rules or another name and are legally enforceable by
the homeowners association, unless a specific provision conflicts with federal,
state or local laws


Question 24.
community association

Correct Answer: a group of owners who wish to provide a communal basis for
preserving, maintaining, and enhancing their homes and property


Question 25.
condominium

Correct Answer: a living unit fully owned by an individual with an undivided
interest in the common elements of the community; the community
association itself owns no real estate as an association


Question 26.
cooperative

Correct Answer: wherein an individual owns stock or membership and holds a
proprietary lease or occupancy agreement for his or her living unit


Question 27.
Declaration

Correct Answer: used interchangeably with CC & Rs