CMCA Sample Exam
1. Quorum requirements conflicts are resolved with the aid of:
a. Nation statute.
B. The board of directors.
C. A vote of these present at a meeting.
D. Appointment of someone as a proxy. - ANS-A
10. When a contractor fails to perform to the terms of the agreement, which provision within the
agreement allows the
affiliation to terminate?
A. Default provisions
b. Warranty provisions
c. Insurance provisions
d. Performance provisions - ANS-A
eleven. Where can an man or woman locate the owner and association's maintenance duties?
A. The plat map
b. The statement
c. The state statute
d. The lease - ANS-B
12. At the monthly board meeting, it is the role of the supervisor to do all of the following
besides:
a. Implement the selections of the board.
B. Name for a vote on an problem.
C. Keep discussions on course.
D. Act as a useful resource to the board. - ANS-B
thirteen. All of the subsequent are desires of protection in a network affiliation besides:
a. Assembly the needs of the citizens.
B. Keeping and enhancing the commonplace assets.
C. Restricting harm to residents, visitors and personnel.
D. Growing the association's profits. - ANS-D
14. The use of parliamentary system all through meetings facilitates to ensure that:
a. Quorum necessities are met.
B. Most effective effective motions are made.
C. The board considers one item of commercial enterprise at a time.
D. The presiding officer is informed of meeting strategies. - ANS-C
, 15. GAAP calls for statements of ___________ for year-quit reports for a community affiliation.
A. Coins flows
b. Auditing
c. Compilation
d. Budgeting - ANS-A
16. When developing a rule, the guideline have to be capable of:
a. Uniform enforcement.
B. Adjustments and revisions.
C. Limited interpretations.
D. Selective enforcement. - ANS-A
17. If you prepare a protection responsibility chart for your community association, it must be
primarily based on all of the
following besides:
a. Bylaws and declaration.
B. Board policies.
C. State statutes.
D. Human useful resource policy. - ANS-D
18. Who is liable for deciding on a contractor?
A. Board
b. President
c. Manager
d. Owners/citizens - ANS-A
19. A supervisor ought to take into consideration all the following Federal laws during the hiring
system, besides the:
a. Americans With Disabilities Act of 1990.
B. Immigration Reform and Control Act of 1986.
C. Housing and Urban Recovery Act of 1983.
D. Family and Medical Leave Act of 1993. - ANS-C
2. Fidelity insurance gives insurance to ensure that the:
a. Board will meet its fiduciary obligations.
B. Supervisor will faithfully comply with all report provisions.
C. Deductible inside the affiliation's insurance rules is reimbursed.
D. Affiliation will be covered for shortfalls inside the reserve accounts.
E. Affiliation will get better any finances lost thru employee dishonesty. - ANS-E
20. Which of the subsequent authorities organizations regulates employee repayment or fee?
A. FDIC
b. FICA
c. OSHA
1. Quorum requirements conflicts are resolved with the aid of:
a. Nation statute.
B. The board of directors.
C. A vote of these present at a meeting.
D. Appointment of someone as a proxy. - ANS-A
10. When a contractor fails to perform to the terms of the agreement, which provision within the
agreement allows the
affiliation to terminate?
A. Default provisions
b. Warranty provisions
c. Insurance provisions
d. Performance provisions - ANS-A
eleven. Where can an man or woman locate the owner and association's maintenance duties?
A. The plat map
b. The statement
c. The state statute
d. The lease - ANS-B
12. At the monthly board meeting, it is the role of the supervisor to do all of the following
besides:
a. Implement the selections of the board.
B. Name for a vote on an problem.
C. Keep discussions on course.
D. Act as a useful resource to the board. - ANS-B
thirteen. All of the subsequent are desires of protection in a network affiliation besides:
a. Assembly the needs of the citizens.
B. Keeping and enhancing the commonplace assets.
C. Restricting harm to residents, visitors and personnel.
D. Growing the association's profits. - ANS-D
14. The use of parliamentary system all through meetings facilitates to ensure that:
a. Quorum necessities are met.
B. Most effective effective motions are made.
C. The board considers one item of commercial enterprise at a time.
D. The presiding officer is informed of meeting strategies. - ANS-C
, 15. GAAP calls for statements of ___________ for year-quit reports for a community affiliation.
A. Coins flows
b. Auditing
c. Compilation
d. Budgeting - ANS-A
16. When developing a rule, the guideline have to be capable of:
a. Uniform enforcement.
B. Adjustments and revisions.
C. Limited interpretations.
D. Selective enforcement. - ANS-A
17. If you prepare a protection responsibility chart for your community association, it must be
primarily based on all of the
following besides:
a. Bylaws and declaration.
B. Board policies.
C. State statutes.
D. Human useful resource policy. - ANS-D
18. Who is liable for deciding on a contractor?
A. Board
b. President
c. Manager
d. Owners/citizens - ANS-A
19. A supervisor ought to take into consideration all the following Federal laws during the hiring
system, besides the:
a. Americans With Disabilities Act of 1990.
B. Immigration Reform and Control Act of 1986.
C. Housing and Urban Recovery Act of 1983.
D. Family and Medical Leave Act of 1993. - ANS-C
2. Fidelity insurance gives insurance to ensure that the:
a. Board will meet its fiduciary obligations.
B. Supervisor will faithfully comply with all report provisions.
C. Deductible inside the affiliation's insurance rules is reimbursed.
D. Affiliation will be covered for shortfalls inside the reserve accounts.
E. Affiliation will get better any finances lost thru employee dishonesty. - ANS-E
20. Which of the subsequent authorities organizations regulates employee repayment or fee?
A. FDIC
b. FICA
c. OSHA
