FREE CMCA MCQ Questions and Answers
In the ABC development, you are under a proprietary lease. What best defines your interest in the property?
Only in a Cooperative Cooperation does the shareholder receive a proprietary lease. Stock membership is given to the shareholder.
Who is ultimately responsible for keeping the shared spaces, amenities, and property in good condition?
In a community association, the board of directors is in charge of looking after the facilities, physical property, and common spaces. They are responsible for keeping the common areas in good shape and making sure they work. This includes amenities, landscaping, sidewalks, and structural parts like walls, roofs, and fixtures (both inside and outside).
The operation of a newly installed entry control system would be affected by which of the following?
A new entry control system installation must include informing residents of the access control policy. This policy explains the regulations and procedures for gaining admission to the building or facility, and it is imperative that occupants understand and adhere to them.
Where can a manager locate policies pertaining to the association's responsibility to maintain the physical assets?
In the board resolutions, you can find the rules for how an association should take care of its physical assets. Recording the decisions made by an organization's board of directors in a formal document called a "board resolution."
An employee handbook or personnel document aims to:
An employee handbook, also called a personnel manual, is a document that explains the goals, rules, and expectations of the company. It makes sure that everyone knows their rights and duties, which makes the workplace more peaceful.
A work order is defined as:
A work order is a document that assigns workers maintenance duties. To make sure that maintenance tasks are finished on time, it is used to keep track of their progress.
When employees contribute to the development of policies and procedures, they are more likely to:
Getting staff members involved in making policies and procedures can help them be implemented out better.
Which tool is best for outlining an employee's responsibilities?
A job description is a written list of the duties, responsibilities, and requirements of a certain job. It's an important tool for both employers and employees because it helps make sure everyone knows what is expected of them and what their responsibilities are.
This is the main management control tool for figuring out if the association needs to maintain a certain property element:
The Maintenance Responsibility Chart is an important management tool that helps associations figure out if they need to take care of a certain part of the property. It shows visually what the maintenance duties are for the association and its members.
Which part of an insurance policy lists the limits of coverage, the deductible, the length of the policy, and the premium?
The declarations page is the part of an insurance policy that lists the coverage limits, deductible, policy period, and premium. This page, which is normally included at the beginning of the policy, summarizes the most significant facts concerning your insurance coverage.
What obligations does the association have under "Co-Insurance"?
Co-insurance is a word used in insurance policies that requires the policyholder to maintain a certain level of insurance coverage. In the case of a claim, the policyholder may face a penalty or a lower payout if they do not maintain the appropriate coverage level.