Page 1 of 128
CMCA PRACTICE EXAM {CERTIFIED MANAGER
OF COMMUNITY ASSOCIATIONS (CMCA) EXAM}
| {LATEST 2026/ 2027 UPDATE} COMPLETE
ACTUAL AND AUTHENTIC EXAM | BRAND NEW!
A closed board meeting may also be referred to as a:
a. private session
b. board session
c. executive session
d. committee session
C
What sets forth criteria for the annual meeting, including notice,
quorum, voting, and proxy procedures?
a. article of incorporation
b. bylaws
c. state statutes
,Page 2 of 128
d. parliamentary procedures
B
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
C
Which of the following types of bankruptcy is called a corporation
reorganization because it is designed to allow for an orderly
payment to creditors while enabling a corporation to continue in
business?
a. Chapter 7
,Page 3 of 128
b. Chapter 11
c. Chapter 13
d. Chapter 21
B
What is the process of establishing performance goals and
standards for an employee?
a. employee orientation to the association
b. on- going training
c. performance planning
d. performance evaluation
C
All of the following statements are correct with regards to
special and annual meetings except:
a. both have to meet minimum quorum requirements set by the
statute
, Page 4 of 128
b. both require notice of meeting to be sent to all owners within
time allotted
c. both provide forum for business not stated in meeting notice
d. both allow owners to attend in person or by proxy
C
What is an aid commonly used for planning and budgeting the
use of personnel?
a. job description
b. annual budget
c. manpower reports
d. performance planning
A
What regulates specific working conditions, safety equipment
and reporting of accidents?
a. Fair Labor Standards Act
b. child labor laws
CMCA PRACTICE EXAM {CERTIFIED MANAGER
OF COMMUNITY ASSOCIATIONS (CMCA) EXAM}
| {LATEST 2026/ 2027 UPDATE} COMPLETE
ACTUAL AND AUTHENTIC EXAM | BRAND NEW!
A closed board meeting may also be referred to as a:
a. private session
b. board session
c. executive session
d. committee session
C
What sets forth criteria for the annual meeting, including notice,
quorum, voting, and proxy procedures?
a. article of incorporation
b. bylaws
c. state statutes
,Page 2 of 128
d. parliamentary procedures
B
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
C
Which of the following types of bankruptcy is called a corporation
reorganization because it is designed to allow for an orderly
payment to creditors while enabling a corporation to continue in
business?
a. Chapter 7
,Page 3 of 128
b. Chapter 11
c. Chapter 13
d. Chapter 21
B
What is the process of establishing performance goals and
standards for an employee?
a. employee orientation to the association
b. on- going training
c. performance planning
d. performance evaluation
C
All of the following statements are correct with regards to
special and annual meetings except:
a. both have to meet minimum quorum requirements set by the
statute
, Page 4 of 128
b. both require notice of meeting to be sent to all owners within
time allotted
c. both provide forum for business not stated in meeting notice
d. both allow owners to attend in person or by proxy
C
What is an aid commonly used for planning and budgeting the
use of personnel?
a. job description
b. annual budget
c. manpower reports
d. performance planning
A
What regulates specific working conditions, safety equipment
and reporting of accidents?
a. Fair Labor Standards Act
b. child labor laws
