Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 4 out of 48 pages
Exam (elaborations)

NCMA CPCM EXAM PREP |ACTUAL QUESTIONS AND VERIFIED ANSWERS|BRAND NEW UPDATE|GRADED A+

Document preview thumbnail
Preview 4 out of 48 pages

NCMA CPCM EXAM PREP |ACTUAL QUESTIONS AND VERIFIED ANSWERS|BRAND NEW UPDATE|GRADED A+

Content preview

NCMA CPCM EXAM PREP |ACTUAL QUESTIONS
AND VERIFIED ANSWERS|BRAND NEW 2026-2027
UPDATE|GRADED A+


Question 1

Which of the following tasks takes place in the Pre-Award phase of subcontract
management?

a. A pharmaceutical company responds to an advertising company's questions regarding
proposed subcontract work.

b. A farm conducts cost and price analyses on subcontracting proposals from trucking
companies

c. An electronics company selects a source for transistor components.

d. A software company negotiates nondisclosure agreements regarding potential
subcontractors' handling of proprietary data.

CORRECT ANSWER

d. A software company negotiates nondisclosure agreements regarding potential
subcontractors' handling of proprietary data.




Question 2

Which of the following is true about commercial contract modifications?

a. Contract changes must always be in writing.

b. The UCC does not require consideration for the modification to be valid.

c. A modification does not need to comply with the statute of frauds.

d. Commercial contract modifications are governed by FAR Part 43

CORRECT ANSWER

b. The UCC does not require consideration for the modification to be valid.




1
@THE STUDY VAULT

,Question 3

Which of the following is true about ethical behavior?

a. It includes both personal and organizational ethics.

b. It is separate from one's own life experiences.

c. Societal norms have no impact on whether a particular action is right or wrong.

d. Organizational ethics is more of a philosophical matter than a fact-based one.

CORRECT ANSWER

It includes both personal and organizational ethics.




Question 4

Whose responsibility is effective contract administration?

a. The contracting officer

b. The buyer

c. The seller

d. Both the buyer and the seller

CORRECT ANSWER

Both the buyer and the seller




Question 5

Which of the following is true about the six-step contract changes management process?

a. It mirrors the phases of the contract life cycle.

b. It is only appropriate for use by government agencies.

c. will always result in on-time delivery or on-budget completion of the work d. It begins
with the award of a contract change.

CORRECT ANSWER



2
@THE STUDY VAULT

, It mirrors the phases of the contract life cycle.




Question 6

Which of the following requires the use of modular contracting for major IT system
purchases?

a. The Sarbanes-Oxley Act

b. The Clinger-Cohen Act

c. SCA

d. ITRA

CORRECT ANSWER

The Clinger-Cohen Act.




Question 7

Who should conduct the review to ensure the offer is complete and accurate?

The Administrative Contracting Officer



a. The Administrative Contracting Officer

b. The "pink" team

c. The "red" team

d. The "gold" team

CORRECT ANSWER

The "pink" team.




Question 8



3
@THE STUDY VAULT

, Which of the following provides an authoritative, formalized, written set of guidelines that
require certain actions and prohibit others?

a. Regulations

b. Ethics

c. Values

d. Morals

CORRECT ANSWER

Regulations.




Question 9

Which of the following processes takes place during contract closeout?

a. De-obligating excess funds

b. Disclosure of proprietary information

c. No-cost termination

d. Determination of privity of contract

CORRECT ANSWER

De-obligating excess funds.




Question 10

Which of the following types of commercial contract changes is always a bilateral change?

a. Explicit

b. Mutual assent

c. Conduct of the parties

d. Consent of the parties

CORRECT ANSWER

Mutual assent.

4
@THE STUDY VAULT

Document information

Uploaded on
September 11, 2026
Number of pages
48
Written in
2026/2027
Type
Exam (elaborations)
Contains
Questions & answers
$14.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
THESTUDYVAULT
3.3
(19)
Sold
142
Followers
6
Items
13524
Last sold
10 hours ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions