File Info
| Exam | Certified Professional Contracts Manager |
| Number | CPCM |
| File Name | Financial.CPCM.PrepAway.2018-12-05.83q.tqb |
| Size | 236 KB |
| Posted | Dec 05, 2018 |
| Download | Financial.CPCM.PrepAway.2018-12-05.83q.tqb |
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Demo Questions
Question 1
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.
- fee
- statement
- penalty
- None of the above
Correct answer: A
Question 2
Those incentives that use predetermined formula-based methods to calculate the amount of incentive, either positive or negative, in one or more designated areas are called:
- Objectively-based and evaluated
- Subjectively-based and evaluated
- Early-based and evaluated
- Final-based and evaluated
Correct answer: A
Explanation:
Question 3
Which of the following shows the designated performance area in the objectively-based and evaluated incentives?
- Cost performance
- Schedule or delivery performance
- Quality performance
- All of the above
Correct answer: D
