CMCP Practice Exam Questions with
Correct Answers
1)
Advantages of purchasing insurance for your company include all of the following except:**
insurance premiums are fully deductible.
purchase of insurance lessens the uncertainty of loss occurrence.
insurance is viable when the time value of...
Which type of insurance coverage provides protection to your business against third-party bodily injury
and property damage claims?
general business liability
commercial auto insurance
workers' compensation
business owner's insurance - Answer✔✔-GENERAL BUSINESS LIABILITY
7)
A ________ is an agreement between a client and agency that defines what's included within a project
and what is not.
statement of review and specifications
project statement
statement of work
project declaration - Answer✔✔-STATEMENT OF WORK
8)
What is the difference between project planning and project monitoring?
project planning defines the work requirements, and project monitoring tracks progress
project planning analyzes impact of the project, and project monitoring defines the resources needed to
complete the project
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