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CPCM Practice Test || A+ Guaranteed.

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CPCM Practice Test || A+ Guaranteed.

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CPCM - Certified Professional Contract Manager

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CPCM Practice Test || A+ Guaranteed.
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 answers d. A software company negotiates nondisclosure
agreements regarding potential subcontractors' handling of proprietary data.

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

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 answers
It includes both personal and organizational ethics.

Whose responsibility is effective contract administration?
a. The contracting officer
b. The buyer
c. The seller
d. Both the buyer and the seller correct answers Both the buyer and the seller

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 answers It mirrors the phases of the contract life cycle.

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 answers The Clinger-Cohen Act.

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 answers The "pink" team.

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 answers Regulations.

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 answers De-obligating excess funds.

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 answers Mutual assent.

Who may make changes to a government contract?
a. The agency head
b. A contracting officer, acting within the scope of his or her authority
c. The contractor
d. Any representative of the government correct answers A contracting officer, acting within the
scope of his or her authority.

Who is responsible for ensuring the contractor's performance is in accordance with the contract?
a. The contracting officer
b. The seller's contract manager
c. Contract managers on the buyer and seller sides
d. The government correct answers Contract managers on the buyer and seller sides.

Which of the following is true about the five domains of the contract life cycle?
a. The Perform Contract domain is in the post-Award phase, and actively involves both the buyer
and the seller.
b. The Form Contract domain is in the post-Award phase, and actively involves both the buyer
and the seller.
c. The Develop Solicitation domain is in the Pre-Award phase, and actively involves the seller.
d. The Develop Offer domain is in the Award phase, and actively involves the seller. correct
answers The Perform Contract domain is in the post-Award phase, and actively involves both the
buyer and the seller.

, Which of the following is not included in an unsuccessful offeror's post-award notification?
a. The number of offerors
b. The number of proposals received.
c. The name of the successful offeror
d. A detailed financial breakdown of the successful proposal correct answers A detailed financial
breakdown of the successful proposal

Which of the following is a way to determine if a deliverable meets the contract requirements?
a. Market research
b. Mutual assent
c. Special tooling
d. Acceptance testing correct answers Acceptance testing

Which of the following is not typically provided as supporting data for a job-order cost system?
a. Labor hours expended.
b. Production methods used.
c. Employees pay rates.
d. The number of employees correct answers Production methods used.

Which of the following is not a required task of contract closeout?
a. Disposition of buyer-furnished property
b. Signing a formal notice of contract completion
c. Verifying payment of all contractor invoices
d. Providing feedback and rewards for superior performance correct answers Providing feedback
and rewards for superior performance

Which of the following is not in the "perform contract" domain?
a. Administer contract
b. Ensure quality
c. Manage legal conformity
d. Manage changes correct answers Manage legal conformity

Which of the following is not an economic price adjustment as described in the CMBOK?
a. Adjustments based on established prices
b. Adjustments based on actual costs of labor
c. Adjustments based on cost indexes of material
d. Adjustments based on capital cost of money correct answers Adjustments based on capital
cost of money

Which of the following is not an acceptable use of advisory and assistance services?
a. Enhancing the understanding of, and developing alternative solutions to, complex issues
b. Obtaining advice regarding developments in industry, university, or foundation research
c. Specifically aiding in influencing or enacting legislation
d. Ensuring the more efficient or effective operation of managerial or hardware systems correct
answers Specifically aiding in influencing or enacting legislation

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Institution
CPCM - Certified Professional Contract Manager
Course
CPCM - Certified Professional Contract Manager

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