Random CMCA Practice Test Questions and
answers Updated 2025/26
Which of the following is a common management control for ensuring maintenance work is performed in
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
a timely manner?
II! II! II!
A. A purchase order system
II! II! II! II!
B. An equipment warranties
II! II! II!
C. A work order/response form
II! II! II! II!
D. A contractor's invoice - Correct Answers C. A work order/response form - A, B, and D speak to
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
elements OTHER than a control to ensure maintenance work is completed.
II! II! II! II! II! II! II! II! II! II! II!
The primary management control tool for identifying whether the association needs to maintain a
II! II! II! II! II! II! II! II! II! II! II! II! II!
particular property element is:
II! II! II! II!
A. Physical inspections
II! II!
B. Association bylaws
II! II!
C. Maintenance responsibility chart
II! II! II!
D. Community asset inventory - Correct Answers C. Maintenance responsibility chart along, with the
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
governing documents, defines parameters of association maintenance responsibility.
II! II! II! II! II! II! II! II!
The other answers have no bearing on necessity of maintenance or maintenance responsibility.
II! II! II! II! II! II! II! II! II! II! II! II!
In what type of a contract would a waiver of lien by 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! II!
C. Repair of the pool pump
II! II! II! II! II!
D. Annual tree pruning - Correct Answers B. Re-roofing the buildings - Large contracts involving
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
significant material purchase and/or use of sub-contractors commonly include lien waivers and should be
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
recommended to the board.
II! II! II! II!
,A, C, and D typically do not include significant material purchases or the use of sub-contractors so a waiver
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
of lien is not necessary.
II! II! II! II! II!
What does "Co-Insurance" obligate the Association to do?
II! II! II! II! II! II! II!
A. Pay the deductible
II! II! II!
B. Maintain certain limits of insurance
II! II! II! II! II!
C. Cover the depreciated value of all association buildings
II! II! II! II! II! II! II! II!
D. Provide insurance for homeowners - Correct Answers B. Maintain certain limits of insurance - Co-
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
insurance seeks to the limits of insurance in place at the time of a loss and speaks to insurance obligation
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
for the parties involved in the claim.
II! II! II! II! II! II! II!
When an association contracts out all of its services and has no employees, it is a best business practice
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
to:
II!
A. Negotiate contracts within the bidding process.
II! II! II! II! II! II!
B. Purchase employment practices liability insurance.
II! II! II! II! II!
C. Assume the contractors carry their own insurance coverage.
II! II! II! II! II! II! II! II!
D. Increase the coverage under the D&O insurance policy. - Correct Answers A. Negotiate contracts
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
within the bidding process.
II! II! II! II!
If an owner fails to receive notice of a meeting, the association is not responsible if the owner:
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
A. Did not notify association of their current address.
II! II! II! II! II! II! II! II!
B. Does not usually attend the meetings.
II! II! II! II! II! II!
C. Already signed the petition to call the meeting.
II! II! II! II! II! II! II! II!
D. Shares title with multiple owners. - Correct Answers A. Did not notify association of their current
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
address. It is the owner's responsibility to provide current contact information to Management.
II! II! II! II! II! II! II! II! II! II! II! II! II!
, What is the primary source of requirements when developing the association's annual maintenance
II! II! II! II! II! II! II! II! II! II! II! II!
budget?
II!
A. Governing documents
II! II!
B. State law
II! II!
C. Annual audit
II! II!
D. Reserve Study - Correct Answers A. Governing documents
II! II! II! II! II! II! II! II! II! II! II! II!
The best reasoning for recommending the modified accrual accounting method is that, compared to cash
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
accounting, it:
II! II!
A. Will make future audit work more accurate.
II! II! II! II! II! II! II!
B. More accurately reflects the association's financial condition.
II! II! II! II! II! II! II!
C. Is more easily understood by board members.
II! II! II! II! II! II! II!
D. Can be accomplishment more quickly. - Correct Answers B. More accurately reflects the association's
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
financial condition. Under the modified accrual basis, also sometimes referred to as modified cash basis,
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
some accounts, such as assessment income, are maintained on the accrual basis and other accounts, such
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
as interest or other miscellaneous income accounts, and some expenses, such as miscellaneous repairs,
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
are maintained on a cash basis. The accrual of major expenses in particular, such as a contract for
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
landscaping, trash removal, etc., regardless of non-receipt invoices, gives the read a much more accurate
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
depiction of the association's financial standing, as the accruals serve to alert the reader to recognition of
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
obligations that the association must meet.
II! II! II! II! II! II!
TRUE OR FALSE: II! II!
The basic authority in a community association lies with the developer. - Correct Answers FALSE
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
The board of directors in a community association has a _____________ to act in the best interests and
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
for the benefit of the community as a whole.
II! II! II! II! II! II! II! II! II!
a. bond
II!
b. fiduciary duty
II! II!
answers Updated 2025/26
Which of the following is a common management control for ensuring maintenance work is performed in
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
a timely manner?
II! II! II!
A. A purchase order system
II! II! II! II!
B. An equipment warranties
II! II! II!
C. A work order/response form
II! II! II! II!
D. A contractor's invoice - Correct Answers C. A work order/response form - A, B, and D speak to
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
elements OTHER than a control to ensure maintenance work is completed.
II! II! II! II! II! II! II! II! II! II! II!
The primary management control tool for identifying whether the association needs to maintain a
II! II! II! II! II! II! II! II! II! II! II! II! II!
particular property element is:
II! II! II! II!
A. Physical inspections
II! II!
B. Association bylaws
II! II!
C. Maintenance responsibility chart
II! II! II!
D. Community asset inventory - Correct Answers C. Maintenance responsibility chart along, with the
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
governing documents, defines parameters of association maintenance responsibility.
II! II! II! II! II! II! II! II!
The other answers have no bearing on necessity of maintenance or maintenance responsibility.
II! II! II! II! II! II! II! II! II! II! II! II!
In what type of a contract would a waiver of lien by 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! II!
C. Repair of the pool pump
II! II! II! II! II!
D. Annual tree pruning - Correct Answers B. Re-roofing the buildings - Large contracts involving
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
significant material purchase and/or use of sub-contractors commonly include lien waivers and should be
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
recommended to the board.
II! II! II! II!
,A, C, and D typically do not include significant material purchases or the use of sub-contractors so a waiver
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
of lien is not necessary.
II! II! II! II! II!
What does "Co-Insurance" obligate the Association to do?
II! II! II! II! II! II! II!
A. Pay the deductible
II! II! II!
B. Maintain certain limits of insurance
II! II! II! II! II!
C. Cover the depreciated value of all association buildings
II! II! II! II! II! II! II! II!
D. Provide insurance for homeowners - Correct Answers B. Maintain certain limits of insurance - Co-
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
insurance seeks to the limits of insurance in place at the time of a loss and speaks to insurance obligation
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
for the parties involved in the claim.
II! II! II! II! II! II! II!
When an association contracts out all of its services and has no employees, it is a best business practice
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
to:
II!
A. Negotiate contracts within the bidding process.
II! II! II! II! II! II!
B. Purchase employment practices liability insurance.
II! II! II! II! II!
C. Assume the contractors carry their own insurance coverage.
II! II! II! II! II! II! II! II!
D. Increase the coverage under the D&O insurance policy. - Correct Answers A. Negotiate contracts
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
within the bidding process.
II! II! II! II!
If an owner fails to receive notice of a meeting, the association is not responsible if the owner:
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
A. Did not notify association of their current address.
II! II! II! II! II! II! II! II!
B. Does not usually attend the meetings.
II! II! II! II! II! II!
C. Already signed the petition to call the meeting.
II! II! II! II! II! II! II! II!
D. Shares title with multiple owners. - Correct Answers A. Did not notify association of their current
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
address. It is the owner's responsibility to provide current contact information to Management.
II! II! II! II! II! II! II! II! II! II! II! II! II!
, What is the primary source of requirements when developing the association's annual maintenance
II! II! II! II! II! II! II! II! II! II! II! II!
budget?
II!
A. Governing documents
II! II!
B. State law
II! II!
C. Annual audit
II! II!
D. Reserve Study - Correct Answers A. Governing documents
II! II! II! II! II! II! II! II! II! II! II! II!
The best reasoning for recommending the modified accrual accounting method is that, compared to cash
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
accounting, it:
II! II!
A. Will make future audit work more accurate.
II! II! II! II! II! II! II!
B. More accurately reflects the association's financial condition.
II! II! II! II! II! II! II!
C. Is more easily understood by board members.
II! II! II! II! II! II! II!
D. Can be accomplishment more quickly. - Correct Answers B. More accurately reflects the association's
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
financial condition. Under the modified accrual basis, also sometimes referred to as modified cash basis,
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
some accounts, such as assessment income, are maintained on the accrual basis and other accounts, such
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
as interest or other miscellaneous income accounts, and some expenses, such as miscellaneous repairs,
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
are maintained on a cash basis. The accrual of major expenses in particular, such as a contract for
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
landscaping, trash removal, etc., regardless of non-receipt invoices, gives the read a much more accurate
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
depiction of the association's financial standing, as the accruals serve to alert the reader to recognition of
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
obligations that the association must meet.
II! II! II! II! II! II!
TRUE OR FALSE: II! II!
The basic authority in a community association lies with the developer. - Correct Answers FALSE
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
The board of directors in a community association has a _____________ to act in the best interests and
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
for the benefit of the community as a whole.
II! II! II! II! II! II! II! II! II!
a. bond
II!
b. fiduciary duty
II! II!
