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CMCA EXAM REAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS) 2025-
2026
1. Fidelity insurance provides coverage to ensure that the:
a. board will meet its fiduciary obligations.
b. manager will faithfully follow all document provisions.
c. deductible in the association's insurance policies is reimbursed.
d. association will be covered for shortfalls in the reserve accounts.
e. association will recover any funds lost through employee dishonesty. - E
2. Quorum requirements conflicts are resolved by:
a. state statute.
b. the board of directors.
c. a vote of those present at a meeting.
d. appointment of a person as a proxy. - A
3. Which type of management is the process of operating, maintaining, repairing,
and replacing common property?
a. Human Resources
b. Facilities
c. Financial
d. Risk - B
4. The higher a document's place in the hierarchy, the:
a. harder it is to implement.
b. greater its power with the board.
c. more it is regulated legally.
d. greater its legal weight in a court of law. - D
5. Based on which type of requirements would you choose a contractor over the
association to complete work?
a. Low urgency, costs adequate tools available
b. High urgency, low supervision and training possibly needed
c. Requires supervision, expertise required and low urgency
d. Low Costs, high urgency and borrowed tools - C
6. Who is required to be present for an annual association membership meeting to
conduct business?
a. The treasurer and the secretary
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b. A quorum of the board of directors
c. All members of the board of directors
d. A quorum of the members - D
Which of the following would a condominium unit member's personal insurance
policy cover when it is the
primary insurance policy?
a. Wind damage to the roof of the member's unit.
b. Bodily injury due to a slip and fall in the common area in front of the member's
unit.
c. Bodily injury due to the association using the member's automobile.
d. Bodily injury due to a slip and fall within a member's unit.
e. Fire damage to the association's unimproved common walls. - D
8. Community association governing documents and state statutes may require who
to be involved in preparing
annual reports?
a. A CPA
b. The owners
c. An ad hoc committee
d. The management company - A
9. What is a typical management control used to identify physical assets?
a. Checklist
b. Charts of information
c. Inventory
d. Calendar or schedule - C
10. When a contractor fails to perform to the terms of the contract, which provision in
the contract allows the
association to terminate?
a. Default provisions
b. Warranty provisions
c. Insurance provisions
d. Performance provisions - A
11. Where can an individual find the owner and association's maintenance
responsibilities?
a. The plat map
b. The declaration
c. The state statute
d. The lease - B
12. At the monthly board meeting, it is the role of the manager to do all of the
following except:
a. implement the decisions of the board.
b. call for a vote on an issue.
CMCA EXAM REAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED ANSWERS) 2025-
2026
1. Fidelity insurance provides coverage to ensure that the:
a. board will meet its fiduciary obligations.
b. manager will faithfully follow all document provisions.
c. deductible in the association's insurance policies is reimbursed.
d. association will be covered for shortfalls in the reserve accounts.
e. association will recover any funds lost through employee dishonesty. - E
2. Quorum requirements conflicts are resolved by:
a. state statute.
b. the board of directors.
c. a vote of those present at a meeting.
d. appointment of a person as a proxy. - A
3. Which type of management is the process of operating, maintaining, repairing,
and replacing common property?
a. Human Resources
b. Facilities
c. Financial
d. Risk - B
4. The higher a document's place in the hierarchy, the:
a. harder it is to implement.
b. greater its power with the board.
c. more it is regulated legally.
d. greater its legal weight in a court of law. - D
5. Based on which type of requirements would you choose a contractor over the
association to complete work?
a. Low urgency, costs adequate tools available
b. High urgency, low supervision and training possibly needed
c. Requires supervision, expertise required and low urgency
d. Low Costs, high urgency and borrowed tools - C
6. Who is required to be present for an annual association membership meeting to
conduct business?
a. The treasurer and the secretary
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b. A quorum of the board of directors
c. All members of the board of directors
d. A quorum of the members - D
Which of the following would a condominium unit member's personal insurance
policy cover when it is the
primary insurance policy?
a. Wind damage to the roof of the member's unit.
b. Bodily injury due to a slip and fall in the common area in front of the member's
unit.
c. Bodily injury due to the association using the member's automobile.
d. Bodily injury due to a slip and fall within a member's unit.
e. Fire damage to the association's unimproved common walls. - D
8. Community association governing documents and state statutes may require who
to be involved in preparing
annual reports?
a. A CPA
b. The owners
c. An ad hoc committee
d. The management company - A
9. What is a typical management control used to identify physical assets?
a. Checklist
b. Charts of information
c. Inventory
d. Calendar or schedule - C
10. When a contractor fails to perform to the terms of the contract, which provision in
the contract allows the
association to terminate?
a. Default provisions
b. Warranty provisions
c. Insurance provisions
d. Performance provisions - A
11. Where can an individual find the owner and association's maintenance
responsibilities?
a. The plat map
b. The declaration
c. The state statute
d. The lease - B
12. At the monthly board meeting, it is the role of the manager to do all of the
following except:
a. implement the decisions of the board.
b. call for a vote on an issue.
