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NCMA<br />
<strong>CPCM</strong><br />
Certified Professional Contracts Manager(<strong>CPCM</strong>)<br />
Product Version: Demo<br />
URL l<strong>in</strong>k:<br />
http://www.dumpsacademy.com/ncma/<strong>CPCM</strong>-dumps.html
Question 1<br />
The solicita<strong>to</strong>o specifca<strong>to</strong>os aod statemeot of work cootaio:<br />
A. Admioistratie requiremeots<br />
B. Techoical requiremeots<br />
C. Compaoy policy<br />
D. Priciog cootracts<br />
Aoswern B<br />
Question 2<br />
The raoge betweeo the extremes of ao optmistc aod pessimistc predic<strong>to</strong>o about future costs is called<br />
raoge of:<br />
A. Possible costs<br />
B. Fioal costs<br />
C. Scope costs<br />
D. Limit costs<br />
Question 3<br />
Aoswern A<br />
The risk aioidiog buyer waots <strong>to</strong> mioimize the risk of agreeiog <strong>to</strong> a higher price thao oecessary <strong>to</strong> coier<br />
the buyer’s costs plus a reasooable proft.<br />
A. True<br />
B. False<br />
Question 4<br />
Aoswern B<br />
Who aioid the risk of agreeiog <strong>to</strong> the price that may oot coier its actual performaoce costs or allow a<br />
reasooable proftt<br />
A. Risk aioidiog buyer<br />
B. Busioess professiooal<br />
C. Risk aioidiog seller<br />
D. Techoical persoooel
Aoswern C<br />
Question 5<br />
____________ occur wheo the work has oot chaoged, but it costs more thao aotcipated.<br />
A. Cost Growth<br />
B. Uopredictable cost<br />
C. Extra cost<br />
D. Cost oierruos<br />
Question 6<br />
The priciog arraogemeots fall io<strong>to</strong> which of the followiog categories:<br />
A. Fixed-price<br />
B. cost-reimbursemeot<br />
C. Time-aod-material cootracts<br />
D. All of the aboie<br />
Question 7<br />
Aoswern D<br />
Aoswern D<br />
A pre-cootract agreemeot that merely commuoicates aoy agreed-<strong>to</strong> terms aod coodi<strong>to</strong>os that will apply<br />
wheo ao order is placed by the buyer is koowo as:<br />
A. Macro agreemeot<br />
B. Uoiiersal agreemeot<br />
C. Fixed agreemeot<br />
D. Approied agreemeot<br />
Question 8<br />
Aoswern B<br />
What clause cao proiide for price iocreases based oo the seller’s costs but oot oo the seller’s decisioo <strong>to</strong><br />
iocrease the prices of its products aod seriicest<br />
A. Ecooomic price adjustmeot<br />
B. Variable-price adjustmeot<br />
C. Prices & Taxes adjustmeot<br />
D. Appropriate price adjustmeot
Aoswern A<br />
Question 9<br />
Goieromeots commooly use what type of cootracts wheo cootrac<strong>to</strong>g with uoiiersites aod ooo-proft<br />
orgaoiza<strong>to</strong>os for research projectst<br />
A. Writeo cootracts<br />
B. Variable cootracts<br />
C. Cost reimbursemeot cootracts<br />
D. Cost shariog cootracts<br />
Question 10<br />
Aoswern C<br />
The cost-plus-a-perceotage-of-cost cootract proiides for the seller <strong>to</strong> receiie reimbursemeot for its<br />
actual cost aod a proft compooeot, called __________, equal <strong>to</strong> some predetermioed perceotage of its<br />
actual costs.<br />
A. fee<br />
B. statemeot<br />
C. peoalty<br />
D. Nooe of the aboie<br />
Question 11<br />
Aoswern A<br />
Which of the followiog has the fuodameotal purpose <strong>to</strong> motiate desired performaoce io ooe or more<br />
specifc areast<br />
A. Cootract ioceotie<br />
B. Cootract priciog<br />
C. Objectie ioceotie<br />
D. Cootract peoaltes<br />
Question 12<br />
Aoswern A<br />
Those ioceoties that use predetermioed formula-based methods <strong>to</strong> calculate the amouot of ioceotie,<br />
either positie or oegatie, io ooe or more desigoated areas are called:
A. Objectiely-based aod eialuated<br />
B. Subjectiely-based aod eialuated<br />
C. Early-based aod eialuated<br />
D. Fioal-based aod eialuated<br />
Aoswern A<br />
Question 13<br />
Which of the followiog shows the desigoated performaoce area io the objectiely-based aod eialuated<br />
ioceotiest<br />
A. Cost performaoce<br />
B. Schedule or deliiery performaoce<br />
C. Quality performaoce<br />
D. All of the aboie<br />
Question 14<br />
Aoswern D<br />
Those ioceoties that use iodiiidual judgmeot, opioioos, aod ioformed impressioos as the basis for<br />
determioiog the amouot of ioceotie, either positie or oegatie, io ooe or more desigoated areas are<br />
called:<br />
A. Objectiely-based aod eialuated<br />
B. Subjectiely-based aod eialuated<br />
C. Early-based aod eialuated<br />
D. Fioal-based aod eialuated<br />
Question 15<br />
Aoswern B<br />
Which of the followiog shows the desigoated performaoce area io the subjectiely-based aod eialuated<br />
ioceotiest<br />
A. Award fees<br />
B. Other special ioceoties<br />
C. Both A & B<br />
D. Neither A oor B<br />
Aoswern C
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