CMCA PRACTICE EXAM FINAL PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◉ Legal review prior to executing a contract will assist the
association in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns. Answer: D
◉ Rather than describing the scope of work in detail in the contract,
a manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talk about the scope of
work. Answer: A
◉ In older condominiums, an association should have what type of
contract covering mechanical equipment?
A. Time and materials
B. Specific repair
,C.Service
D. Preventative maintenance Answer: D
◉ For which project would a board most likely want to use a
consultant to help develop bid specifications?
A.Landscape renovation project
B. Repairing and/or replacing roofs
C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers Answer: B
◉ In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning Answer: B
◉ In terms of compensation , a contract should state:
A. Who provides insurance coverage
B. Each employees rate to perform work
C. When and on what terms payment(s) will be made
D. Requirement for a payment bond Answer: C
, ◉ Alternative dispute resolution includes which of the following
methods?
A. Mediation
B. Subrogation
C.Litigation
D.Indemnification Answer: A
◉ Employment contracts need not included:
A.Legal Sources
B.Interests
C.Termination
D.Notice Answer: B
◉ What is the best way to communicate managements expectation
for an employee to complete regular and special tasks during a
certain time-period?
A.Job orientation
B. Job duties
C.Establishing performance goals
D. Performance reviews Answer: C
◉ When staff members help to develop policies and procedures,
they are more:
QUESTIONS WITH ANSWERS GRADED A+
◉ Legal review prior to executing a contract will assist the
association in the event that:
A. A subcontractor is used.
B. A performance bond is required.
C. There is a budgetary shortfall.
D. The board has questions or concerns. Answer: D
◉ Rather than describing the scope of work in detail in the contract,
a manager may:
A. Attach the bid specifications.
B. Call each contractor to describe the job.
C. Be on-site to oversee project content.
D. Suggest the board meet the contractor to talk about the scope of
work. Answer: A
◉ In older condominiums, an association should have what type of
contract covering mechanical equipment?
A. Time and materials
B. Specific repair
,C.Service
D. Preventative maintenance Answer: D
◉ For which project would a board most likely want to use a
consultant to help develop bid specifications?
A.Landscape renovation project
B. Repairing and/or replacing roofs
C. Painting the interior of lobbies and hallways
D. Repairing HVAC and boilers Answer: B
◉ In what type of contract would a waiver of lien be recommended?
A. Repair of the HVAC system
B.Re-roofing the buildings
C. Repair of the pool pump
D. Annual tree pruning Answer: B
◉ In terms of compensation , a contract should state:
A. Who provides insurance coverage
B. Each employees rate to perform work
C. When and on what terms payment(s) will be made
D. Requirement for a payment bond Answer: C
, ◉ Alternative dispute resolution includes which of the following
methods?
A. Mediation
B. Subrogation
C.Litigation
D.Indemnification Answer: A
◉ Employment contracts need not included:
A.Legal Sources
B.Interests
C.Termination
D.Notice Answer: B
◉ What is the best way to communicate managements expectation
for an employee to complete regular and special tasks during a
certain time-period?
A.Job orientation
B. Job duties
C.Establishing performance goals
D. Performance reviews Answer: C
◉ When staff members help to develop policies and procedures,
they are more:
