CMCA Sample Exam questions and
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answers latest top score.
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1. xQuorum xrequirements xconflicts xare xresolved
xby:
x
a. xstate
xstatute.
x
b. xthe xboard xof
xdirectors.
x
c. xa xvote xof xthose xpresent xat xa
xmeeting.
d. xappointment xof xa xperson xas xa xproxy. x- x x x
xANS. xA
x
2. xFidelity xinsurance xprovides xcoverage xto xensure xthat xthe: x
a. board xwill xmeet xits xfiduciary xobligations. x
b. manager xwill xfaithfully xfollow xall xdocument xprovisions. x
c. deductible xin xthe xassociation's xinsurance xpolicies xis xreimbursed. x
d. association xwill xbe xcovered xfor xshortfalls xin xthe xreserve xaccounts. x
e. association xwill xrecover xany xfunds xlost xthrough xemployee xdishonesty. x- x x x xANS.
xE x
x
3. xWhich xtype xof xmanagement xis xthe xprocess xof xoperating, xmaintaining, xrepairing,
xand x
x
replacing xcommon
xproperty?
x
a. xHuman
xResources
x
b. x
xFacilities
c.
xFinancial
x
d. xRisk x- x x x xANS.
xB
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4. xThe xhigher xa xdocument's xplace xin xthe xhierarchy, xthe: x
a. harder xit xis xto ximplement. x
, b. greater xits xpower xwith xthe xboard. x
c. more xit xis xregulated xlegally. x
d. greater xits xlegal xweight xin xa xcourt xof xlaw. x- x x x xANS. xD x
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5. xBased xon xwhich xtype xof xrequirements xwould xyou xchoose xa xcontractor xover
xthe x
x
association xto xcomplete
xwork?
x
a. xLow xurgency, xcosts xadequate xtools
xavailable
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b. xHigh xurgency, xlow xsupervision xand xtraining xpossibly
xneeded
c. Requires xsupervision, xexpertise xrequired xand xlow xurgency x
d. Low xCosts, xhigh xurgency xand xborrowed xtools x- x x x xANS. xC x
x
6. xWho xis xrequired xto xbe xpresent xfor xan xannual xassociation xmembership xmeeting xto
xconduct xbusiness? x
a. The xtreasurer xand xthe xsecretary x
b. A xquorum xof xthe xboard xof xdirectors x
c. All xmembers xof xthe xboard xof xdirectors x
d. A xquorum xof xthe xmembers x- x x x xANS. xD x
x
Which xof xthe xfollowing xwould xa xcondominium xunit xmember's xpersonal xinsurance
xpolicy x
x
cover xwhen xit xis
xthe
x
primary xinsurance
xpolicy?
x
a. xWind xdamage xto xthe xroof xof xthe xmember's
xunit.
b. xBodily xinjury xdue xto xa xslip xand xfall xin xthe xcommon xarea xin xfront xof xthe xmember's
xunit.
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c. xBodily xinjury xdue xto xthe xassociation xusing xthe xmember's
xautomobile.
x
d. xBodily xinjury xdue xto xa xslip xand xfall xwithin xa xmember's
xunit.
x
e. xFire xdamage xto xthe xassociation's xunimproved xcommon xwalls. x- x x x
xANS. xD
x
8. xCommunity xassociation xgoverning xdocuments xand xstate xstatutes xmay xrequire
xwho xto xbe xinvolved xin xpreparing xannual xreports? xa. xA xCPA x
b. The xowners x
c. An xad xhoc xcommittee x
d. The xmanagement xcompany x- x x x xANS. xA x
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