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ISC2 ISSMP Exam - Topic 3 Question 22 Discussion

Actual exam question for ISC2's ISSMP exam
Question #: 22
Topic #: 3
[All ISSMP Questions]

In which of the following contract types, the seller is reimbursed for all allowable costs for performing the contract work and receives a fixed fee payment which is calculated as a percentage of the initial estimated project costs?

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Suggested Answer: B

The Cost Plus Fixed Fee Contract (CPFF) is a type of contract where seller receives a fixed fee payment calculated as a percentage of the initial estimated project costs. Fee is paid only for the complete work and it does not change due to the performance of the seller. In the CPFF

contract, the seller is reimbursed for all allowable costs for performing the contract work.

Answer options D, A, and C are incorrect. The description does not match with these types of contracts.


by Mirta at May 06, 2022, 08:05 PM

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Tijuana
4 months ago
Seems too simple, but I guess it is B.
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Bonita
4 months ago
Yup, B is correct! Fixed fee plus costs.
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Donette
4 months ago
Wait, are you sure? I thought it was D.
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Ashleigh
4 months ago
I thought it was A at first, but B makes more sense.
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Elza
5 months ago
Definitely B, that's the Cost Plus Fixed Fee Contracts.
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Emiko
5 months ago
I thought it was A at first, but now I'm second-guessing myself. I need to remember the differences between these contract types better!
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Rosio
5 months ago
I practiced a similar question, and I think it was about how fixed fees work. It might be D, but I can't recall the details clearly.
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Bettyann
5 months ago
I'm not entirely sure, but I remember something about fixed fees being tied to project costs, which makes me lean towards B as well.
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Tegan
5 months ago
I think the answer might be B, Cost Plus Fixed Fee Contracts, because they mention reimbursement for allowable costs.
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Alaine
5 months ago
This looks like a straightforward question about inventory management. I think the answer is C - handling costs, since that's a common example of a carrying cost.
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Jacquline
5 months ago
Okay, let's see. I know Cisco Email Security has a lot of security features, but I'm not sure which two are specifically added to a Sender Group.
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