CPCM Exam dumps PDF | Exam-Dumps.net (Page: 2)

QUESTION: 9

Governments commonly use what type of contracts when contracting with universities and non- profit organizations for research projects?

Written contracts
Variable contracts
Cost reimbursement contracts
Cost sharing contracts

Answer(s): C

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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

Answer(s): A

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QUESTION: 11

Which of the following has the fundamental purpose to motivate desired performance in one or more specific areas?

Contract incentive
Contract pricing
Objective incentive
Contract penalties

Answer(s): A

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QUESTION: 12

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

Answer(s): A

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QUESTION: 13

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

Answer(s): D

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QUESTION: 14

Those incentives that use individual judgment, opinions, and informed impressions as the basis for determining 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

Answer(s): B

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QUESTION: 15

Which of the following shows the designated performance area in the subjectively-based and evaluated incentives?

Award fees
Other special incentives
Both A & B
Neither A nor B

Answer(s): C

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QUESTION: 16

The point at which sharing changes to 0/100 is called the _____________, which represents a cost figure.

Point of configuration
Point of total assumption
Pattern point
Prototype point

Answer(s): B

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Financial CPCM Exam (page: 2)
Financial Certified Professional Contracts Manager (CPCM)
Updated on: 31-Mar-2026

QUESTION: 9

QUESTION: 10

QUESTION: 11

QUESTION: 12

QUESTION: 13

QUESTION: 14

QUESTION: 15

QUESTION: 16

Financial CPCM Exam (page: 2) Financial Certified Professional Contracts Manager (CPCM) Updated on: 31-Mar-2026

QUESTION: 9

QUESTION: 10

QUESTION: 11

QUESTION: 12

QUESTION: 13

QUESTION: 14

QUESTION: 15

QUESTION: 16

Financial CPCM Exam (page: 2)
Financial Certified Professional Contracts Manager (CPCM)
Updated on: 31-Mar-2026