CMCA Practice Exam Questions and answers Updated

CMCA Practice Exam Questions and
answers Updated
Preparing a bid request includes which of the following: II II II II II II II II




A. Verifying References.
II II




B. Identifying potential contractors.
II II II II




C. Recommending a contractor to the board.
II II II II II II II




D. Verifying contractor insurance. - Correct Answers B
II II II II II II II II II II II II




Legal review prior to executing a contract will assist the association in the event that:
II II II II II II II II II II II II II II II




A. A subcontractor is used.
II II II II




B. A performance bond is required.
II II II II II II




C. There is a budgetary shortfall.
II II II II II II




D. The board has questions or concerns. - Correct Answers D
II II II II II II II II II II II II II II II




Rather than describing the scope of work in detail in the contract, a manager may:
II II II II II II II II II II II II II II II II




A. Attach the bid specifications.
II II II II II




B. Call each contractor to describe the job.
II II II II II II II II




C. Be on-site to oversee project content.
II II II II II II




D. Suggest the board meet the contractor to talk about the scope of work. - Correct Answers A
II II II II II II II II II II II II II II II II II II II II II II




In older condominiums, an association should have what type of contract covering mechanical equipment?
II II II II II II II II II II II II II II




A. Time and materials
II II II




B. Specific repair
II II




C.Service

D. Preventative maintenance - Correct Answers D
II II II II II II II II II II II




For which project would a board most likely want to use a consultant to help develop bid specifications?
II II II II II II II II II II II II II II II II II II

, A.Landscape renovation project II II II




B. Repairing and/or replacing roofs
II II II II




C. Painting the interior of lobbies and hallways
II II II II II II II II




D. Repairing HVAC and boilers - Correct Answers B
II II II II II II II II II II II II II




In what type of contract would a waiver of lien be recommended?
II II II II II II II II II II II II




A. Repair of the HVAC system
II II II II II




B.Re-roofing the buildings II II




C. Repair of the pool pump
II II II II II




D. Annual tree pruning - Correct Answers B
II II II II II II II II II II II II




In terms of compensation , a contract should state:
II II II II II II II II II




A. Who provides insurance coverage
II II II II II




B. Each employees rate to perform work
II II II II II II




C. When and on what terms payment(s) will be made
II II II II II II II II II




D. Requirement for a payment bond - Correct Answers C
II II II II II II II II II II II II II II




Alternative dispute resolution includes which of the following methods?
II II II II II II II II II




A. Mediation
II




B. Subrogation
II




C.Litigation

D.Indemnification - Correct Answers A II II II II II II II II II




Employment contracts need not included:
II II II II II




A.Legal Sources II




B.Interests

C.Termination

D.Notice - Correct Answers B II II II II II II II II II