CMCA Sample Exam With 54 Questions and
answers Updated 2025/26
1. Quorum requirements conflicts are resolved by:
II! II! II! II! II! II!
a. state statute.
II! II!
b. the board of directors.
II! II! II! II!
c. a vote of those present at a meeting.
II! II! II! II! II! II! II! II!
d. appointment of a person as a proxy. - Correct Answers A
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 2. Fidelity insurance provides coverage to ensure that the:
II! II! II! II! II! II! II! II!
a. board will meet its fiduciary obligations.
II! II! II! II! II! II!
b. manager will faithfully follow all document provisions.
II! II! II! II! II! II! II!
c. deductible in the association's insurance policies is reimbursed.
II! II! II! II! II! II! II! II!
d. association will be covered for shortfalls in the reserve accounts.
II! II! II! II! II! II! II! II! II! II!
e. association will recover any funds lost through employee dishonesty. - Correct Answers E
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 3. Which type of management is the process of operating, maintaining, repairing, and replacing common
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! property?
a. Human Resources
II! II!
b. Facilities
II!
c. Financial
II!
d. Risk - Correct Answers B
II! II! II! II! II! II! II! II! II!
II! 4. The higher a document's place in the hierarchy, the:
II! II! II! II! II! II! II! II! II!
a. harder it is to implement.
II! II! II! II! II!
b. greater its power with the board.
II! II! II! II! II! II!
c. more it is regulated legally.
II! II! II! II! II!
d. greater its legal weight in a court of law. - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
, II! 5. Based on which type of requirements would you choose a contractor over the association to complete
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! work?
a. Low urgency, costs adequate tools available
II! II! II! II! II! II!
b. High urgency, low supervision and training possibly needed
II! II! II! II! II! II! II! II!
c. Requires supervision, expertise required and low urgency
II! II! II! II! II! II! II!
d. Low Costs, high urgency and borrowed tools - Correct Answers C
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 6. Who is required to be present for an annual association membership meeting to conduct business?
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
a. The treasurer and the secretary
II! II! II! II! II!
b. A quorum of the board of directors
II! II! II! II! II! II! II!
c. All members of the board of directors
II! II! II! II! II! II! II!
d. A quorum of the members - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which of the following would a condominium unit member's personal insurance policy cover when it is
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! the
primary insurance policy? II! II!
a. Wind damage to the roof of the member's unit.
II! II! II! II! II! II! II! II! II!
b. Bodily injury due to a slip and fall in the common area in front of the member's unit.
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
c. Bodily injury due to the association using the member's automobile.
II! II! II! II! II! II! II! II! II! II!
d. Bodily injury due to a slip and fall within a member's unit.
II! II! II! II! II! II! II! II! II! II! II! II!
e. Fire damage to the association's unimproved common walls. - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 8. Community association governing documents and state statutes may require who to be involved in
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! preparing
annual reports? II!
a. A CPAII! II!
b. The owners
II! II!
c. An ad hoc committee
II! II! II! II!
d. The management company - Correct Answers A
II! II! II! II! II! II! II! II! II! II! II!
answers Updated 2025/26
1. Quorum requirements conflicts are resolved by:
II! II! II! II! II! II!
a. state statute.
II! II!
b. the board of directors.
II! II! II! II!
c. a vote of those present at a meeting.
II! II! II! II! II! II! II! II!
d. appointment of a person as a proxy. - Correct Answers A
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 2. Fidelity insurance provides coverage to ensure that the:
II! II! II! II! II! II! II! II!
a. board will meet its fiduciary obligations.
II! II! II! II! II! II!
b. manager will faithfully follow all document provisions.
II! II! II! II! II! II! II!
c. deductible in the association's insurance policies is reimbursed.
II! II! II! II! II! II! II! II!
d. association will be covered for shortfalls in the reserve accounts.
II! II! II! II! II! II! II! II! II! II!
e. association will recover any funds lost through employee dishonesty. - Correct Answers E
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 3. Which type of management is the process of operating, maintaining, repairing, and replacing common
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! property?
a. Human Resources
II! II!
b. Facilities
II!
c. Financial
II!
d. Risk - Correct Answers B
II! II! II! II! II! II! II! II! II!
II! 4. The higher a document's place in the hierarchy, the:
II! II! II! II! II! II! II! II! II!
a. harder it is to implement.
II! II! II! II! II!
b. greater its power with the board.
II! II! II! II! II! II!
c. more it is regulated legally.
II! II! II! II! II!
d. greater its legal weight in a court of law. - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
, II! 5. Based on which type of requirements would you choose a contractor over the association to complete
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! work?
a. Low urgency, costs adequate tools available
II! II! II! II! II! II!
b. High urgency, low supervision and training possibly needed
II! II! II! II! II! II! II! II!
c. Requires supervision, expertise required and low urgency
II! II! II! II! II! II! II!
d. Low Costs, high urgency and borrowed tools - Correct Answers C
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 6. Who is required to be present for an annual association membership meeting to conduct business?
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
a. The treasurer and the secretary
II! II! II! II! II!
b. A quorum of the board of directors
II! II! II! II! II! II! II!
c. All members of the board of directors
II! II! II! II! II! II! II!
d. A quorum of the members - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II!
II! Which of the following would a condominium unit member's personal insurance policy cover when it is
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! the
primary insurance policy? II! II!
a. Wind damage to the roof of the member's unit.
II! II! II! II! II! II! II! II! II!
b. Bodily injury due to a slip and fall in the common area in front of the member's unit.
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
c. Bodily injury due to the association using the member's automobile.
II! II! II! II! II! II! II! II! II! II!
d. Bodily injury due to a slip and fall within a member's unit.
II! II! II! II! II! II! II! II! II! II! II! II!
e. Fire damage to the association's unimproved common walls. - Correct Answers D
II! II! II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! 8. Community association governing documents and state statutes may require who to be involved in
II! II! II! II! II! II! II! II! II! II! II! II! II! II!
II! preparing
annual reports? II!
a. A CPAII! II!
b. The owners
II! II!
c. An ad hoc committee
II! II! II! II!
d. The management company - Correct Answers A
II! II! II! II! II! II! II! II! II! II! II!
