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CPCM Actual Exam Questions

Last updated on Dec. 9, 2024.
Vendor:NCMA
Exam Code:CPCM
Exam Name:Certified Professional Contracts Manager
Exam Questions:144
97% Passed the exam with this material
 

Topic 1 - Single Topic

Question #1 Topic 1

The solicitation specifications and statement of work contain:

  • A. Administrative requirements
  • B. Technical requirements
  • C. Company policy
  • D. Pricing contracts
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Correct Answer: B 🗳️

Question #2 Topic 1

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
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Correct Answer: A 🗳️

Question #3 Topic 1

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
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Correct Answer: B 🗳️

Question #4 Topic 1

Who avoid the risk of agreeing to the price that may not cover its actual performance costs or allow a reasonable profit?

  • A. Risk avoiding buyer
  • B. Business professional
  • C. Risk avoiding seller
  • D. Technical personnel
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Correct Answer: C 🗳️

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