Certified Floodplain Manager (CFM) Practice Exam

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Prepare for the Certified Floodplain Manager Exam with comprehensive quizzes, multiple-choice questions, and detailed explanations. Ensure you're ready with the best resources available!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What benefit does the Community Rating System (CRS) offer to communities?

Federal grants for floodplain management
A reduction in flood insurance premium rates
A certificate of floodplain management excellence
Exclusive access to FEMA resources

The correct answer is: A reduction in flood insurance premium rates

The Community Rating System (CRS) is a voluntary program offered by the Federal Emergency Management Agency (FEMA) that rewards communities for their efforts in reducing flood risk and implementing floodplain management activities. The benefit of participating in this program is a reduction in flood insurance premium rates for residents within the community. Option A is incorrect because the CRS does not offer direct federal grants for floodplain management, but rather acknowledges and rewards communities that have invested in these efforts. Option C is incorrect because while the CRS may award certificates of recognition, they are not considered "certificates of floodplain management excellence." Option D is incorrect because the CRS does not provide exclusive access to FEMA resources, but rather offers guidance and technical assistance to communities.