CMCA MCQ 4

Question 1

A homeowner files a request for a reasonable accommodation to keep an emotional support animal in a no-pets community. The association must:

Accepted Answer

Engage in an interactive process and evaluate the request individually

Answer

The Fair Housing Act requires associations to engage in an interactive process to evaluate reasonable accommodation requests on a case-by-case basis.

Question 2

The 'business judgment rule' protects board members when they:

Accepted Answer

Make decisions in good faith and with reasonable care

Answer

The business judgment rule shields board members from personal liability when decisions are made in good faith, with due care, and in the association's best interest.

Question 3

An association wants to amend its declaration of covenants. What approval threshold is typically required?

Accepted Answer

A supermajority of the membership, often 67% or 75%

Answer

Amending the declaration typically requires a supermajority vote of the membership because it is the foundational governing document.

Question 4

Which report provides a snapshot of the association's financial position — assets, liabilities, and equity — at a specific point in time?

Accepted Answer

Balance sheet

Answer

The balance sheet (statement of financial position) shows assets, liabilities, and fund equity at a single date, reflecting the association's net worth.

Question 5

A quorum fails to appear at an annual meeting. The correct procedure under most bylaws is to:

Accepted Answer

Adjourn the meeting to a later date

Answer

Without a quorum, most bylaws require the meeting to be adjourned to a future date when a quorum can be achieved.

CMCA - Certified Manager of Community Associations Practice Test

CMCA - Certified Manager of Community Associations Practice Test

CMCA MCQ 4