CMCA Practice Exam With 59 questions and answers New!! 100% verified correct 2025/2026

CMCA Practice Exam With 59 questions and answers
New!! 100% verified correct 2025/2026

In preparing the association's annual financial report, many governing documents specify: -
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Answers Retaining an independent certified public accountant
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Il` When a dispute is mediated, the uninvolved third party facilitates discussion and - Answers
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Il` Assists both parties in reaching a mutually acceptable agreement
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Il` When developing a rule, it must be consistent with.... - Answers Applicable statues and governing
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Il` documents



Il` What would impact the operation of a newly installed entry control system? - Answers
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Il` Communicating the access control policy to residents Il` Il` Il` Il` Il` Il`




Il` The BOD receives its authority to perform its specific duties through the: - Answers governing
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Il` What has the greatest regulatory influence on the management of a community association? -
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Il` Answers specific state statutes Il` Il` Il`




Il` What duty does the BOD and manager have to its members? - Answers Loyalty
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Il` management conducts its day to day operation of the association in accordance with: - Answers
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Il` contract

, Il` in an initial letter you send to an owner who has violated one of the associations adopted rules,
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Il` what is the best way to get the owner in compliance? - Answers Offer to meet to hear the owner's
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Il` If you have a proprietary lease in a development, what is your best interest in the property? -
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Il` Answers stock membership Il` Il`




Il` a board exercises its fiduciary responsibility by: - Answers establishing internal controls.
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Il` the primary purpose of a community association is to - Answers deal with governance and
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Il` business



Il` in the hierarchy of a community associations governing documents, what is the highest
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Il` authority? - Answers declaration Il` Il` Il` Il`




Il` who has the ultimate responsibility for the care and maintenance of the common areas, facilities,
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Il` and physical property? - Answers the board of directors
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Il` where would a manager find guidelines regarding the associations responsibility for maintaining
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Il` the physical assets? - Answers board resolutions
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Il` to determine which physical assets must be maintained by the association, the manager should: -
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Il` Answers review the association governing documents Il` Il` Il` Il` Il`




Il` a work order: - Answers assigns maintenance tasks
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Il` the primary management control tool for identifying whether the association needs to maintain a
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Il` particular property element is: - Answers maintenance responsibility chart
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