NCMA CPCM Exam Practice Test Instant Access

Question 1

Used without normal termination procedures, no-cost settlement can be considered when:

Athe seller has indicated it will accept it

Bno buyer property was furnished under the contract

Cthe product or service can be readily obtained elsewhere

DAll of the above

Answer : D

Question 2

In developing the evaluation criteria for source selection requires which of the following prerequisite?

Athe buyer must understand what goods or services it wants to but.

Bthe buyer must understand the industry that will provide the required goods and services.

Cthe buyer must understand the market practices of that industry.

DAll of the above

Answer : D

Question 3

What is used to process the information about potential sources?

AIndependent system

BWeighting system

CMultiple attributes system

DScreening system

Answer : D

Question 4

________________ is a gauge to measure a potential source against to determine its value.

AEvaluation standard

BContract negotiation

COrganizational policy

DIndependent estimates

Answer : A

Question 5

In a source selection method if proposals are the input using contract negotiation as a tool in order to produce which output?

AOrganizational policy

BContracts

CLegal review

DMarket practice

Answer : B

Question 6

The theory of a ___________ system is that one comprehensive code governs all disputes.

APure civil law

BCommunication law

CDiversity law

DNone of the above

Answer : A

Question 7

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

ADimity

BSignature

CComity

DNone of the above

Answer : C

NCMA Certified Professional Contract Manager Exam Practice Test