Cpcm practice test Study guides, Class notes & Summaries

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for b...

NCMA CPCM Practice Test

NCMA CPCM Practice Test Exam questions with verified answers Which of the following requires the use of modular contracting for major IT system purchases? -The Sarbanes-Oxley Act -The Clinger-Cohen Act -SCA -ITRA - CORRECT ANSWER-The Clinger-Cohen Act Who is responsible for ensuring the contractor's performance is in accordance with the contract? -The contracting officer -The seller's contract manager -Contract managers on the buyer and seller sides -The government - COR...

NCMA CPCM Practice Test

CPCM Practice Test Questions with Correct Answers Competitive negotiation - Answer-A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract - Answer-A contract for...

NCMA CPCM Practice Test | With complete solution 2024/25

NCMA CPCM Practice Test

NCMA CPCM Practice Test Exam questions with verified answers Which of the following requires the use of modular contracting for major IT system purchases? -The Sarbanes-Oxley Act -The Clinger-Cohen Act -SCA -ITRA - CORRECT ANSWER-The Clinger-Cohen Act Who is responsible for ensuring the contractor's performance is in accordance with the contract? -The contracting officer -The seller's contract manager -Contract managers on the buyer and seller sides -The government - COR...

CPCM Pre-Award Practice Test Questions with Answers Which of the following is true of an RFQ? - Answer-a. The RFQ is an offer by the buyer B. THE RFQ MAY BE FOLLOWED BY A PURCHASE ORDER THAT IS AN OFFER BY THE BUYER c. The RFQ is an informal version of the RFP d. The RFQ results in proposal selection by the buyer A buyer who wanted to ensure that the contractor managed costs effectively would likely prefer which of the following types of contract? - Answer-Cost-plus-incentive-fee Wh...

CPCM Pre-Award Practice Test 2024 What are government Purchase cards used for? -Answer-As the method of contractimg for transactions under the Simplified Acquistion Threshold An acquisition of an IT system is divided into several smaller acquisitions increments that provide an opportunity for subsequent increments to take advantage of advances in technology or respond to changing needs. This is an example of what? -Answer-Modular Contracting the Reynard-Muldrake Group provides physical sec...