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Practice NCMA CPCM Exam Questions

Page: 1/29
Total 144 Questions
Question No 1
The range between the extremes of an optimistic and pessimistic prediction about future costs is called range of:
Choose the Choices:


Question No 2
The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than necessary to cover the buyer’s costs plus a reasonable profit.
Choose the Choices:


Question No 3
Who avoid the risk of agreeing to the price that may not cover its actual performance costs or allow a reasonable profit?
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Question No 4
____________ occur when the work has not changed, but it costs more than anticipated.
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Question No 5
The pricing arrangements fall into which of the following categories:
Choose the Choices:


Page: 1/29
Total 144 Questions