NCMA CODE: CPCM Exam Name: Certified Professional Contracts Manager(CPCM)
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Question: 1 The solicitation specifications and statement of work contain: A. Administrative requirements B. Technical requirements C. Company policy D. Pricing contracts
Answer: B Question: 2 The range between the extremes of an optimistic and pessimistic prediction about future costs is called range of: A. Possible costs B. Final costs C. Scope costs D. Limit costs
Answer: A Question: 3 The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than necessary to cover the buyer’s costs plus a reasonable profit. A. True B. False
Answer: B Question: 4 Who avoid the risk of agreeing to the price that may not cover its actual performance costs or allow a reasonable profit?
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A. Risk avoiding buyer B. Business professional C. Risk avoiding seller D. Technical personnel CPCM
Answer: C Question: 5 ____________ occur when the work has not changed, but it costs more than anticipated. A. Cost Growth B. Unpredictable cost C. Extra cost D. Cost overruns
Answer: D Question: 6 The pricing arrangements fall into which of the following categories: A. Fixed-price B. cost-reimbursement C. Time-and-material contracts D. All of the above
Answer: D Question: 7 A pre-contract agreement that merely communicates any agreed-to terms and conditions that will apply when an order is placed by the buyer is known as: A. Macro agreement B. Universal agreement C. Fixed agreement
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D. Approved agreement
Answer: B Question: 8 What clause can provide for price increases based on the seller’s costs but not on the seller’s decision to increase the prices of its products and services? A. Economic price adjustment CPCM B. Variable-price adjustment C. Prices & Taxes adjustment D. Appropriate price adjustment
Answer: A Question: 9 Governments commonly use what type of contracts when contracting with universities and non-profit organizations for research projects? A. Written contracts B. Variable contracts C. Cost reimbursement contracts D. Cost sharing contracts
Answer: C Question: 10 The cost-plus-a-percentage-of-cost contract provides for the seller to receive reimbursement for its actual cost and a profit component, called __________, equal to some predetermined percentage of its actual costs.
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A. fee B. statement C. penalty D. None of the above
Answer: A
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NCMA CODE: CPCM Exam Name: Certified Professional Contracts Manager(CPCM)
Click the link below to buy full version as Low as $39
http://www.testsexpert.com/CPCM.html Microsoft
Cisco
IBM
HP
Other
MCTS 70-336 70-337
CCNA 640-911 642-998 642-997 642-902
IBM Lotus
00M-244 000-M60
AIS
MBS 70-332
CCNP 642-832 642-813 642-825 642-845
LOT-442 000-M44
MCAS 77-602
CCSP 642-627 642-637 642-647 642-545
000-444 000-910
MCSE 70-281 70-282
CCIE 350-001 350-018 350-029 350-060
COG-105 COG-185
MCSA 2003 70-620
DATA CENTER 642-972 642-973 642-974 642-975
000-005 000-032
70-323 9L0-063 9L0-010 9L0-517 HP2-E53 70-321 650-179 E20-533 00M-646 MB2-876 646-206 9L0-412 MB6-884 220-701 650-196 3305 MB6-871 HP2-Z22 9L0-518 9A0-146 HP2-H23 000-184 1Z0-527 HP2-B91 000-781 M70-201 N10-004 7004 HP3-X11 312-50v8
70-462
98-361
MB3-861
77-601 77-604 70-284
70-461 70-680
70-463
MB3-862
77-605 70-285
70-291
Microsoft
6
IBM
LOT-403 000-M62
IBM Mastery
000-M43 000-M45
HP0-311
HP0-M28
HP0-A25
HP0-M30
APC
HP2-K10 HP2-B93
HP0-M98 HP0-H22
Solutions Expert
MASE HP0-J33 HP0-M48 HP0-M49 HP0-M50
IBM Cognos
ASE
000-640 000-913 COG-180 COG-200
IBM Specialist
000-015 000-042
HP0-066 HP0-781
HP0-082 HP0-782
CSE
HP0-090 HP0-277
HP0-276 HP0-760
HP Cisco Oracle Instant download after purchase
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Symantec