Cmca actual exam 2023 Study guides, Class notes & Summaries

CMCA Actual Exam 2023

CMCA Actual Exam 2023

CMCA Actual Exam 2023

RANDOM CMCA PRACTICE TEST ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS 20232024 GRADED A+

CMCA EXAM 2023 ACTUAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE

CMCA 2023 ACTUAL EXAM (VERSION A) REAL EXAM WITH 205 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ abstention - DEFINITION- when a participant in a vote either does not go to vote (on Election Day) or, in parliamentary procedure, is present during the vote, but does not cast a ballot; may be used to indicate the voting individual's ambivalence about the measure or mild disapproval that does not rise to the level of active opposition they do not count in tallying the vo...

CMCA Actual Exam 2023

CMCA EXAM 2023 ACTUAL EXAM 170 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)|AGRADE 2. 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 3. Which type of man...

RANDOM CMCA PRACTICE TEST ACTUAL EXAM REAL QUESTIONS AND CORRECT DETAILED ANSWERS 20232024 GRADED A+

Actual cash value (ACV) - ANSWER-The depreciated value of an item. Advertising injury - ANSWER-__________ provisions in CGL (comprehensive general liability) include language providing coverage to the community association with respect to damages resulting in "misappropriation of advertising ideas or style of doing business" or "infringement of copyright, slogan or title." Agreed amount endorsement - ANSWER-Provides for an agreed upon limit of property insurance. Coinsurance - ANSWE...