Exam (elaborations)
CPCM Practice Exam 4 | Questions And Answers Latest {} A+ Graded | 100% Verified
- Course
- Institution
CPCM Practice Exam 4 | Questions And Answers Latest {} A+ Graded | 100% Verified
[Show more]
Content preview
CPCM Practice Exam 4 | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
When conducting research, asking "Is this information current, official, and verifiable?" is an example of
what?
A:Problem solving
B:Information filtering
C:Knowledge management
D:Situational assessment - B:Information filtering
Which of the following is not a competency of Guiding Principles? A:Team Dynamics
B Regulatory Assessment
C:Contract Principles
D:Collaboration - D:Collaboration
There are four types of knowledge required by contracts managers. The communication skills needed
for a successful negotiation would fall in to which of the following categories?
A:Strategic Knowledge
B:Explicit Knowledge
C:Procedural Knowledge
D:Tacit Knowledge - D:Tacit Knowledge
Complete the equation: All the information + all the _________ = Knowledge
A:Collaboration
B:Experience
C:Value
D:Resources - B:Experience
Which of the following is not a requirement of a written contract for the sale of goods?
, A:The place of delivery
B:The signature of the buying party
C:A specified quantity
D:Sufficient detail to indicate that a contract for sale has been made - A:The place of delivery
No debt may be paid out of public funds unless Congress has made an ______________ for that
purpose.
A:Obligation
B:Allotment
C:Appropriation
D:Authorization - C:Appropriation
Which of the following is not one of the tenets of a successful contract management team?
A:Openness to change
B:Communication
C:Shared leadership
D:Trust - C:Shared leadership
During contract performance which party is most likely to bear the risk of loss?
A:The seller
B:The buyer
C:The party who had title to the goods when the loss occurred
D:The party who had control of the goods when the loss occurred - D:The party who had control of the
goods when the loss occurred
The negotiation between the buyer and seller of a change to an existing contract is an example of:
A:Monopsony
B:Bilateral Monopoly
C:Oligopsony
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller oneclass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.48. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now