NCMA Certified Professional Contracts Manager (CPCM) CPCM Exam Questions in PDF

Free NCMA CPCM Dumps Questions (page: 6)

The formula to calculate the Point of Total Assumption (PTA) is:

  1. PTA = (Floor price ­ Target price / seller share ratio) + Target cost
  2. PTA = (Target price ­ Ceiling price / Buyer share ratio) + Target cost
  3. PTA = (Target price ­ Ceiling price / seller share ratio) + Target cost
  4. PTA = (Ceiling price ­ Target price / Buyer share ratio) + Target cost

Answer(s): D



Liquidated damages are a negative incentive (penalty) for:

  1. Over budget
  2. Late delivery
  3. Do not achieve requirements
  4. Requirements gap

Answer(s): B



A critical aspect in the success of performance-based incentive contracting is called:

  1. Creativity
  2. Timeliness
  3. Achievement
  4. Standardization

Answer(s): A



An agreement on a set of criteria and procedures to be applied by the buyer in determining how well the seller has performed and how much fee the seller has earned is called:

  1. Inducement plans
  2. Awarded-plans
  3. Award-free plans
  4. Contract incentive plans

Answer(s): C



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

  1. incurred fee
  2. award fee
  3. period fee
  4. base fee

Answer(s): D



Which contracts allow overrun or under-run sharing of cost through a predetermined formula for fee adjustments that apply to incentives for cost category contracts?

  1. fixed price incentive
  2. cost-plus-incentive fee
  3. special incentive fee
  4. pros and cons of award fee

Answer(s): B



Which of the following is Correct?

  1. cost-plus-award fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyer's subjective desires.
  2. cost-plus-incentive fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyer's objective desires.
  3. cost-plus-award fee contracts include objective incentives, in which the profit the buyer earns depends on how well the seller satisfies a buyer's objective desires.
  4. cost-plus-incentive fee contracts include objective incentives, in which the profit the buyer earns depends on how well the buyer satisfies a seller's subjective desires.

Answer(s): A



Time and Material contracts typically involve higher levels of risks for sellers.

  1. True
  2. False

Answer(s): B



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A
AJ
9/24/2023 9:32:00 AM

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peter parker
8/10/2023 10:59:00 AM

the exam is listed as 80 questions with a pass mark of 70%, how is your 50 questions related?

B
Berihun
7/13/2023 7:29:00 AM

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nspk
1/19/2024 12:53:00 AM

q 44. ans:- b (goto setup > order settings > select enable optional price books for orders) reference link --> https://resources.docs.salesforce.com/latest/latest/en-us/sfdc/pdf/sfom_impl_b2b_b2b2c.pdf(decide whether you want to enable the optional price books feature. if so, select enable optional price books for orders. you can use orders in salesforce while managing price books in an external platform. if you’re using d2c commerce, you must select enable optional price books for orders.)

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Muhammad Rawish Siddiqui
12/2/2023 5:28:00 AM

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Anonymous
7/14/2023 3:17:00 AM

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Mukesh
7/10/2023 4:14:00 PM

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9/23/2023 8:37:00 AM

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9/10/2023 12:02:00 PM

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ethiopia
8/2/2023 2:18:00 AM

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whoAreWeReally
12/19/2023 8:29:00 PM

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9/2/2023 12:19:00 PM

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11/14/2023 11:02:00 AM

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11/21/2023 2:27:00 PM

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9/13/2023 5:27:00 PM

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5/24/2023 11:14:00 PM

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10/25/2023 10:48:00 PM

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10/18/2023 10:22:00 AM

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CW
7/11/2023 3:19:00 PM

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11/9/2023 8:53:00 AM

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9/11/2023 2:51:00 AM

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11/4/2023 7:04:00 AM

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8/8/2023 9:40:00 PM

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CW
7/11/2023 2:51:00 PM

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10/23/2023 4:01:00 PM

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