Free NCMA CPCM Exam Questions

Become NCMA Certified with updated CPCM exam questions and correct answers

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Total 145 Questions | Updated On: Mar 28, 2025
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Question 1

A fixed fee that the seller will earn no matter how its performance is evaluated in known as:


Answer: D
Question 2

What can be something of value, or it can be promising to do something not required by law or promising to refrain from doing something permitted by law?


Answer: C
Question 3

Changes are an inevitable part of contracting, because no one can predict the future with perfect accuracy.


Answer: A
Question 4

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.


Answer: A
Question 5

The concept of deferring to the law of another jurisdiction that has a greater connection to the case is called:


Answer: C
Page:    1 / 29      
Total 145 Questions | Updated On: Mar 28, 2025
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