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
Page 3/20
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 EmillyCharlotte. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.49. You're not tied to anything after your purchase.
