CMCA PRACTICE EXAM EXAM STUDY GUIDE
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ What "duty" do the Board members and the manager have to the
members?
A. Accountability
B. Loyalty
C. Service
D. Conduct Answer: B
◉ Which of the following would impact the operation of a newly
installed entry control system?
A. Communicating the access control policy to residents
B. Identifying warranty procedures
C. Developing a capital replacement budget line item
D.Informing the associations insurance agent Answer: A
◉ Who has the ultimate responsibility for the care and maintenance
of the common areas, facilities and physical property?
A. The board of directors
B. The association manager
,C. The developer until turnover
D. The executive committee Answer: A
◉ In an initial letter you end to an owner who has violated one of
the associations adopted rules, which of the following is included?
A. The amount of fine assessed
B. Steps to amend the rules
C. The offer to meet to hear the owners viewpoint
D. What the outcome of similar cases has been Answer: C
◉ When developing a rule, it must be consistent with:
A. Fine schedules as approved by the courts
B. Board recommendations and resolutions
C. Guidelines established within the governing documents
D. Applicable statutes and governing documents Answer: D
◉ The primary purpose of a community association is to:
A. Guarantee property tax benefits
B. Protect the financial health of the owners
C. Provide owners protection from municipal laws
D. Deal with governance and business Answer: D
, ◉ The Board of directors receives its authority to perform its
specific duties through the:
A. Community charter
B. Governing Documents
C. Board resolutions
D. Board member job descriptions Answer: B
◉ In preparing the associations annual financial report, many
governing documents specify:
A. Retaining a independent tax specialist.
B. Retaining an independent certified public accountant.
C. The establishment of a finance committee
D. The use of he management company's accountant Answer: B
◉ Which of the following is within the authority of the Board of
Directors?
A. Creating By-laws
B. Being paid for their service
C. Establishing programs
D. Amending the declaration Answer: C
◉ In the hierarchy of a community associations governing
documents , which of the following is the highest authority?
2026 QUESTIONS WITH SOLUTIONS GRADED
A+
◉ What "duty" do the Board members and the manager have to the
members?
A. Accountability
B. Loyalty
C. Service
D. Conduct Answer: B
◉ Which of the following would impact the operation of a newly
installed entry control system?
A. Communicating the access control policy to residents
B. Identifying warranty procedures
C. Developing a capital replacement budget line item
D.Informing the associations insurance agent Answer: A
◉ Who has the ultimate responsibility for the care and maintenance
of the common areas, facilities and physical property?
A. The board of directors
B. The association manager
,C. The developer until turnover
D. The executive committee Answer: A
◉ In an initial letter you end to an owner who has violated one of
the associations adopted rules, which of the following is included?
A. The amount of fine assessed
B. Steps to amend the rules
C. The offer to meet to hear the owners viewpoint
D. What the outcome of similar cases has been Answer: C
◉ When developing a rule, it must be consistent with:
A. Fine schedules as approved by the courts
B. Board recommendations and resolutions
C. Guidelines established within the governing documents
D. Applicable statutes and governing documents Answer: D
◉ The primary purpose of a community association is to:
A. Guarantee property tax benefits
B. Protect the financial health of the owners
C. Provide owners protection from municipal laws
D. Deal with governance and business Answer: D
, ◉ The Board of directors receives its authority to perform its
specific duties through the:
A. Community charter
B. Governing Documents
C. Board resolutions
D. Board member job descriptions Answer: B
◉ In preparing the associations annual financial report, many
governing documents specify:
A. Retaining a independent tax specialist.
B. Retaining an independent certified public accountant.
C. The establishment of a finance committee
D. The use of he management company's accountant Answer: B
◉ Which of the following is within the authority of the Board of
Directors?
A. Creating By-laws
B. Being paid for their service
C. Establishing programs
D. Amending the declaration Answer: C
◉ In the hierarchy of a community associations governing
documents , which of the following is the highest authority?