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Exam CAPM topic 1 question 168 discussion

Actual exam question from PMI's CAPM
Question #: 168
Topic #: 1
[All CAPM Questions]

A firm contracted an event management company to conduct the annual sales day event. The agreement states that the event management company will charge the firm for the actuals and receive 8% of the total cost. What type of contract is this?

  • A. Time and material (T&M)
  • B. Fixed price incentive fee (FPIF)
  • C. Cost plus fixed fee (CPFF)
  • D. Cost plus award fee (CPAF)
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Suggested Answer: C 🗳️
by MoonManBlue at Sept. 24, 2020, 7:57 p.m.

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MoonManBlue
7 months, 1 week ago
C-Cost Plus Fixed Fee
upvoted 2 times
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