CMCA PRACTICE

Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. - Answer- B 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...

CMCA Practice Exam | 150 Questions with 100% Correct Answers 100% Success 1. 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 - ANSWER-A. 2. Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully

Random CMCA Practice Test Questions !! With Correct Answers

CMCA Practice Exam with correct answers 2024

CMCA PRACTICE EXAM Q&A WITH COMPLETE SOLUTION 2023/2024 RATED A+ Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. 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 ...

CMCA PRACTICE EXAM QUESTIONS AND 100% VERIFIED CORRECT ANSWERS LATEST VERSION 2023 SCORE 100%, ACE YOUR FIRST ATTEMPT

QUESTIONS AND ANSWERS

CMCA PRACTICE EXAM QUESTIONS Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. Ans- B 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. Ans- D Rather than desc...

CMCA PRACTICE EXAM QUESTIONS WITH 100% CORRECT ANSWERS 2024

CMCA Practice Exam | 150 Questions with 100% Correct Answers 1. 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. Correct Answer: A 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 reimburse...