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M100 COMMUNITY ASSOCIATION MANAGEMENT EXAM | LATEST QUESTIONS AND VERIFIED ANSWERS WITH RA, Exams of Community Health
M100 COMMUNITY ASSOCIATION MANAGEMENT EXAM | LATEST QUESTIONS AND VERIFIED ANSWERS WITH RATIONALES | GRADED A+ | | LATEST EXAM 2025/2026 Which of the following types of exposure to loss for a community association is characterized by net losses that may involve a reduction in income or an increase in operating expenses or both? a. property exposure to loss b. liability exposure to loss c. income exposure to loss d. personnel exposure to loss - Correct Answer c. income exposure to loss There are four types of accidental loss to which a community association is exposed. Income exposure to loss are net losses that may involve a reduction in income or an increase in operating expenses or both. Which of the following demonstrates the risk control technique of exposure avoidance? a. a community association rule prohibiting the use of alcohol in the clubhouse b. conducting weekly fire safety inspections where flammables are stored c. contracting for landscape services
Typology: Exams
2024/2025
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