CMCA M100 FINAL STUDY GUIDE 2026
QUESTIONS WITH ANSWERS GRADED A+
●● What percentage of the exam is dedicated to Governance and
Compliance?
Answer: 23%
●● How many questions in this guide pertain to Governance and
Compliance?
Answer: 17
●● What is the weight of Financial Management in the exam?
Answer: 20%
●● How many questions related to Financial Management are included
in this guide?
Answer: 10
●● What is the weight of Meetings and Events in the exam?
Answer: 18%
●● How many questions in this guide are about Meetings and Events?
,Answer: 11
●● What is the weight of Risk Management in the exam?
Answer: 15%
●● How many questions related to Risk Management are included in
this guide?
Answer: 8
●● What is the weight of Property Maintenance in the exam?
Answer: 14%
●● How many questions in this guide pertain to Property Maintenance?
Answer: 10
●● What is the weight of Contracting in the exam?
Answer: 10%
●● How many questions related to Contracting are included in this
guide?
Answer: 14
, ●● What should a manager do upon receipt of a proper petition to call a
special meeting?
Answer: Schedule a special meeting.
●● Which authority creates the right to vote by proxy?
Answer: State statutes.
●● What must be possible when developing a community association
rule?
Answer: Enforce it uniformly.
●● Which financial statement must be included in a community
association's year-end reports?
Answer: Statement of cash flows.
●● What does fidelity insurance cover?
Answer: Funds lost through employee dishonesty.
●● What is the primary purpose of the segregation of duties?
Answer: Prevent fraud by ensuring no single person controls all steps of
a financial transaction.
●● What does the accrual basis of accounting record?
QUESTIONS WITH ANSWERS GRADED A+
●● What percentage of the exam is dedicated to Governance and
Compliance?
Answer: 23%
●● How many questions in this guide pertain to Governance and
Compliance?
Answer: 17
●● What is the weight of Financial Management in the exam?
Answer: 20%
●● How many questions related to Financial Management are included
in this guide?
Answer: 10
●● What is the weight of Meetings and Events in the exam?
Answer: 18%
●● How many questions in this guide are about Meetings and Events?
,Answer: 11
●● What is the weight of Risk Management in the exam?
Answer: 15%
●● How many questions related to Risk Management are included in
this guide?
Answer: 8
●● What is the weight of Property Maintenance in the exam?
Answer: 14%
●● How many questions in this guide pertain to Property Maintenance?
Answer: 10
●● What is the weight of Contracting in the exam?
Answer: 10%
●● How many questions related to Contracting are included in this
guide?
Answer: 14
, ●● What should a manager do upon receipt of a proper petition to call a
special meeting?
Answer: Schedule a special meeting.
●● Which authority creates the right to vote by proxy?
Answer: State statutes.
●● What must be possible when developing a community association
rule?
Answer: Enforce it uniformly.
●● Which financial statement must be included in a community
association's year-end reports?
Answer: Statement of cash flows.
●● What does fidelity insurance cover?
Answer: Funds lost through employee dishonesty.
●● What is the primary purpose of the segregation of duties?
Answer: Prevent fraud by ensuring no single person controls all steps of
a financial transaction.
●● What does the accrual basis of accounting record?
