CMCA PRACTICE EXAM (2026/2027) UPDATE|EXAM QUESTIONS WITH MULTIPLE CHOICES |VERIFIED & REVISED ANSWERS (NEW)!!!

CMCA PRACTICE EXAM (2026/2027)
UPDATE|EXAM
QUESTIONS WITH MULTIPLE
CHOICES |VERIFIED & REVISED
ANSWERS (NEW)!!!
Quorummrequirementsmconflictsmaremresolvedmby:

a.mstatemstatute

b.mthemboardmofmdirectors

c.mamvotemofmthosempresentmatmammeeting

d.mappointmentmofmampersonmasmamproxym-mCORRECTmANSWERmA



Fidelityminsurancemprovidesmcoveragemtomensuremthatmthe:

a.mboardmwillmmeetmitsmfiduciarymobligations.

b.mmanagermwillmfaithfullymfollowmallmdocumentmprovisions.

c.massociationmwillmbemcoveredmformshortfallsminmthemreservemaccounts.

d.massociationmwillmrecovermanymfundsmlostmthroughmemployeemdishonestym-
mCORRECTmANSWERmD




Whichmtypesmofmmanagementmismthemprocessmofmoperating,mmaintaining,mrepairing,mandmreplacin
gmcommonmproperty?

a.mhumanmresources

b.mfacilities

c.mfinancial

d.mriskm-mCORRECTmANSWERmB



Themhighermamdocument'smplaceminmthemhierarchy,mthe:

,a.mhardermitmismtomimplement

b.mgreatermitsmpowermwithmthemboard

c.mmoremitmismregulatedmlegally

d.mgreatmitsmlegalmweightminmamcourtmofmlawm-mCORRECTmANSWERmD



Basedmonmwhichmtypemofmrequirementsmwouldmyoumchoosemamcontractormovermthemassociationmto
mcompletemwork?



a.mlowmurgency,mcostmadequatemtoolsmavailable

b.mhighmurgency,mlowmsupervisionmandmtrainingmpossiblymneeded

c.mrequiresmsupervision,mexpertisemrequiredmandmlowmurgency

d.mlowmcosts,mhighmurgencymandmborrowedmtoolsm-mCORRECTmANSWERmC



Whomismrequiredmtombempresentmformanmannualmassociationmmembershipmmeetingmtomconductmbu
siness?

a.mthemtreasurermandmthemsecretary

b.mamquorummofmthemboardmofmdirectors

c.mallmmembersmofmthemboardmofmdirectors

d.mamquorummofmthemmembersm-mCORRECTmANSWERmD



Whichmofmthemfollowingmwouldmamcondominiummunitmmember'smpersonalminsurancempolicymcover
mwhenmitmismthemprimaryminsurancempolicy?



a.mwindmdamagemtomthemroofmofmthemmember'smunit.

b.mbodilyminjurymduemtomamslipmandmfallminmthemcommonmareaminmfrontmofmthemmember'smunit.

c.mbodilyminjurymduemtomthemassociationmusingmthemmember'smautomobile.

d.mbodilyminjurymduemtomamslipmandmfallmwithinmammember'smunit.m-mCORRECTmANSWERmD

,Communitymassociationmgoverningmdocumentsmandmstatemstatutesmmaymrequiremwhomtombeminvol
vedminmpreparingmannualmreports?

a.mamCPA

b.mthemowners

c.manmadmhocmcommittee

d.mthemmanagementmcompanym-mCORRECTmANSWERmA



Whatmismamtypicalmmanagementmcontrolmusedmtomidentifymphysicalmassets?

a.mchecklist

b.mchartmofminformation

c.minventory

d.mcalendarmormschedulem-mCORRECTmANSWERmC



Whenmamcontractormfailsmtomperformmtomthemtermsmofmthemcontract,mwhichmprovisionminmthemcont
ractmallowsmthemassociationmtomterminate?

a.mdefaultmprovisions

b.mwarrantymprovisions

c.minsurancemprovisions

d.mperformancemprovisionsm-mCORRECTmANSWERmA



Wheremcanmanmindividualmfindmthemownermandmassociation'smmaintenancemresponsibilities?

a.mthemplatmmap

b.mthemdeclaration

c.mthemstatemstatute

d.mthemleasem-mCORRECTmANSWERmB



Atmthemmonthlymboardmmeeting,mitmismthemrolemofmthemmangermtomdomallmofmthemfollowingmexcept:

, a.mimplementmthemdecisionsmofmthemboard

b.mcallmformamvotemonmanmissue

c.mkeepmdiscussionsmonmtarget

d.mactmasmamresourcemtomthemboardm-mCORRECTmANSWERmB



Allmofmthemfollowingmaremgoalsmofmmaintenanceminmamcommunitymassociationmexcept:

a.mmeetingmthemneedsmofmthemresidences

b.mpreservingmandmenhancingmthemcommonmproperty

c.mlimitingminjurymtomresidences,mguestsmandmemployees

d.mincreasingmthemassociation'smprofitsm-mCORRECTmANSWERmD



Themusemofmparliamentarymproceduremduringmmeetingsmhelpsmtomensuremthat:

a.mquorummrequirementsmaremmet

b.monlymeffectivemmotionsmaremmade

c.mthemboardmconsidersmonemitemmofmbusinessmatmamtime

d.mthempresidingmofficermismknowledgeablemofmmeetingmproceduresm-mCORRECTmANSWERmC



GAAPmrequiresmwhichmstatementmformyear-endmreportsmformamcommunitymassociation?

a.mcashmflows

b.mauditing

c.mcompilation

d.mbudgetingm-mCORRECTmANSWERmA



Whenmdevelopingmrules,mthemrulesmmustmbemcapablemof:

a.muniformmenforcement

b.mmodiciationsmandmrevisions