CPCM CERTIFICATION REVIEW SET 2026
ANSWERS GUARANTEED PASS
⫸ Which of the following is not a competency of Guiding Principles?
A:Team Dynamics
B Regulatory Assessment
C:Contract Principles
D:Collaboration Answer: 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 Answer: D:Tacit Knowledge
⫸ Complete the equation: All the information + all the _________ =
Knowledge
A:Collaboration
B:Experience
C:Value
,D:Resources Answer: 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
Answer: 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 Answer: 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 Answer: 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
Answer: 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
D:Monopoly Answer: B:Bilateral Monopoly
⫸ Pleasant Elevation is a construction company working on a
government building. Some of its employees were injured in an accident
on the job site. After receiving notification of the accident, the
contracting officer, Michelle Jackson, issued an order to suspend
contract performance. Pleasant Elevation stopped construction so that
the government could conduct an investigation. Ms. Jackson's actions
were an example of:
A:Force majeure
B:Implied authority
ANSWERS GUARANTEED PASS
⫸ Which of the following is not a competency of Guiding Principles?
A:Team Dynamics
B Regulatory Assessment
C:Contract Principles
D:Collaboration Answer: 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 Answer: D:Tacit Knowledge
⫸ Complete the equation: All the information + all the _________ =
Knowledge
A:Collaboration
B:Experience
C:Value
,D:Resources Answer: 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
Answer: 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 Answer: 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 Answer: 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
Answer: 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
D:Monopoly Answer: B:Bilateral Monopoly
⫸ Pleasant Elevation is a construction company working on a
government building. Some of its employees were injured in an accident
on the job site. After receiving notification of the accident, the
contracting officer, Michelle Jackson, issued an order to suspend
contract performance. Pleasant Elevation stopped construction so that
the government could conduct an investigation. Ms. Jackson's actions
were an example of:
A:Force majeure
B:Implied authority