CPCM Practice Exam 4 Questions with Answers (100%
Correct Answers)
When conducting research, asking "Is this information current, official, and verifiable?" is an
example of what?
A:Problem solving
B:Information filtering
C:Knowledge management
D:Situational assessment —Answer: B:Information filtering
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
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,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
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, 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
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Correct Answers)
When conducting research, asking "Is this information current, official, and verifiable?" is an
example of what?
A:Problem solving
B:Information filtering
C:Knowledge management
D:Situational assessment —Answer: B:Information filtering
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
© 2025 All rights reserved
,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
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, 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
© 2025 All rights reserved
