with Correct Answers Graded A
A _____________________ is a motion that follows a set format and is formally adopted by the boord of
directors.
a. governing document
b. plat
c. public offering statement
d. resolution
– Answer -D
A bid request or request for proposal (RFP) should include each of the following except:
a. vague instructions about the products or services requested
b. a request for information about the contractor that will help the association evaluate the contractor's
ability
c. information about the association that the contract will need in order to prepare a bid
d. information about work conditions
- Answer -A
A closed board meeting may also be referred to as a:
a. private session
b. board session
c. executive session
d. committee session
- Answer -C
A community association wants to develop a RFP to repair or replace roofs of properties that were
damaged in a recent storm. Who should prepare the extensive specifications for the job?
a. board members
b. association manager
c. third-party expert
d. possible contractor
,- Answer -C
A cost and fees contract covers:
a. all contracted work fees after its been completed
b. a level of performance for a specific period of time and money
c. actual labor and materials cost and a percentage of profit
d. hourly rates, material costs and a percentage of the total costs
- Answer -C
A job description should include:
a. required duties of the position
b. a list of paydays and holidays
c. salary and benefits
d. reporting relationships
- Answer -A
A legally binding contract should include all of the following provisions except:
a. assignability
b. waiver
c. insurance
d. severability
- Answer -C
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
- Answer -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
- Answer -D
All of the following are basic types of contracts except:
a. service contracts
b. repair contracts
c. preventive maintenance contracts
d. architecture contracts
- Answer -D
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
- Answer -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
- Answer -D
All of the following are steps that should be taken to disclose a conflict of interest, except:
a. even after full disclosure, avoid any actions which are -or may be perceived as -a conflict of interest.
Individual owners may not be aware of all the facts and may view your actions as improper
b. Obtain specific authorization from the board in writing before proceeding with any action which ay
present a conflict of interest. This authorization should also be recorded in the minutes of a board
meeting
c. make full and complete written disclosure of all relevant facts to your board prior to any dealings
which may be, or appear to be, a conflict of interest for you