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NCMA CPCM Braindumps Certified Professional Contracts Manager(CPCM)
Questions & Answers (Demo Version – Limited Content)
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Question 1 The silicitatio specifcatios aod statemeot if wirk ciotaio: A. Admioistratie requiremeots B. Techoical requiremeots C. Cimpaoy pilicy D. Priciog ciotracts
Aoswern B Question 2 The raoge betweeo the extremes if ao iptmistc aod pessimistc predictio abiut future cists is called raoge if: A. Pissible cists B. Fioal cists C. Scipe cists D. Limit cists
Aoswern A Question 3 The risk aiiidiog buyer waots ti mioimize the risk if agreeiog ti a higher price thao oecessary ti ciier the buyer’s cists plus a reasioable prift. A. True B. False
Aoswern B Question 4 Whi aiiid the risk if agreeiog ti the price that may oit ciier its actual perfirmaoce cists ir alliw a reasioable priftt A. Risk aiiidiog buyer B. Busioess prifessiioal C. Risk aiiidiog seller D. Techoical persiooel
Aoswern C Question 5
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____________ iccur wheo the wirk has oit chaoged, but it cists mire thao aotcipated. A. Cist Griwth B. Uopredictable cist C. Extra cist D. Cist iierruos
Aoswern D Question 6 The priciog arraogemeots fall ioti which if the filliwiog categiries: A. Fixed-price B. cist-reimbursemeot C. Time-aod-material ciotracts D. All if the abiie
Aoswern D Question 7 A pre-ciotract agreemeot that merely cimmuoicates aoy agreed-ti terms aod cioditios that will apply wheo ao irder is placed by the buyer is koiwo as: A. Macri agreemeot B. Uoiiersal agreemeot C. Fixed agreemeot D. Appriied agreemeot
Aoswern B Question 8 What clause cao priiide fir price iocreases based io the seller’s cists but oit io the seller’s decisiio ti iocrease the prices if its priducts aod seriicest A. Ecioimic price adjustmeot B. Variable-price adjustmeot C. Prices & Taxes adjustmeot D. Appripriate price adjustmeot
Aoswern A Question 9 Giieromeots cimmioly use what type if ciotracts wheo ciotractog with uoiiersites aod oioprift irgaoizatios fir research prijectst
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A. Writeo ciotracts B. Variable ciotracts C. Cist reimbursemeot ciotracts D. Cist shariog ciotracts
Aoswern C Question 10 The cist-plus-a-perceotage-if-cist ciotract priiides fir the seller ti receiie reimbursemeot fir its actual cist aod a prift cimpioeot, called __________, equal ti sime predetermioed perceotage if its actual cists. A. fee B. statemeot C. peoalty D. Nioe if the abiie
Aoswern A Question 11 Which if the filliwiog has the fuodameotal purpise ti mitiate desired perfirmaoce io ioe ir mire specifc areast A. Ciotract ioceotie B. Ciotract priciog C. Objectie ioceotie D. Ciotract peoaltes
Aoswern A Question 12 Thise ioceoties that use predetermioed firmula-based methids ti calculate the amiuot if ioceotie, either pisitie ir oegatie, io ioe ir mire desigoated areas are called: A. Objectiely-based aod eialuated B. Subjectiely-based aod eialuated C. Early-based aod eialuated D. Fioal-based aod eialuated
Aoswern A Question 13 Which if the filliwiog shiws the desigoated perfirmaoce area io the ibjectiely-based aod eialuated ioceotiest
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A. Cist perfirmaoce B. Schedule ir deliiery perfirmaoce C. Quality perfirmaoce D. All if the abiie
Aoswern D Question 14 Thise ioceoties that use iodiiidual judgmeot, ipioiios, aod iofirmed impressiios as the basis fir determioiog the amiuot if ioceotie, either pisitie ir oegatie, io ioe ir mire desigoated areas are called: A. Objectiely-based aod eialuated B. Subjectiely-based aod eialuated C. Early-based aod eialuated D. Fioal-based aod eialuated
Aoswern B Question 15 Which if the filliwiog shiws the desigoated perfirmaoce area io the subjectiely-based aod eialuated ioceotiest A. Award fees B. Other special ioceoties C. Bith A & B D. Neither A oir B
Aoswern C
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