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NCMA Exam CPCM Topic 1 Question 74 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 74
Topic #: 1
[All CPCM Questions]

A fixed fee that the seller will earn no matter how its performance is evaluated in known as:

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Suggested Answer: D

by Rosio at Aug 30, 2023, 12:17 AM

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Osvaldo
2 months ago
Oooh, this one's a toughie! I was tempted to go with C) period fee, but that just sounds like something you'd pay your accountant. D) base fee is where it's at - the guaranteed paycheck that keeps the bills paid, no matter how well you perform. It's the corporate version of a participation trophy!
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Edna
2 months ago
Hmm, I was thinking B) award fee might be the answer, but then I remembered that's more of a bonus situation. D) base fee is the classic 'no matter what' type of fee. It's like getting paid to show up, which I can definitely appreciate!
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Laquanda
13 days ago
Definitely, it's a fixed amount that the seller can rely on.
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Dottie
24 days ago
I think it provides a sense of security for the seller.
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Pamella
26 days ago
Yeah, it's like a guaranteed payment regardless of performance.
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Hyman
28 days ago
I agree, D) base fee is the safest option for the seller.
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Mirta
3 months ago
A) incurred fee sounds like something I'd want to avoid, not get paid! And C) period fee doesn't really give me a clear picture of what that means. D) base fee is the way to go for a steady income stream.
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Leota
2 months ago
Yeah, C) period fee is a bit confusing, I'd go with D) base fee too.
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Gaston
2 months ago
I think D) base fee is the safest option for a steady income.
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Glendora
2 months ago
I agree, A) incurred fee doesn't sound very appealing.
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Virgina
3 months ago
I was leaning towards B) award fee, but I guess that's more for when the seller exceeds expectations. D) base fee makes sense as the fixed compensation. Gotta love those no-risk deals, am I right?
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Katheryn
3 months ago
The correct answer is D) base fee. This is a fixed amount that the seller will earn regardless of performance evaluation. It's like a guaranteed paycheck, no matter how well they do their job!
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Mirta
1 months ago
Exactly, they earn it regardless of their performance.
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Penney
2 months ago
So it's like a guaranteed paycheck for the seller.
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Evangelina
2 months ago
I agree, it's a fixed amount no matter what.
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Elfrieda
2 months ago
I think it's D) base fee.
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Ty
3 months ago
I'm not sure, but I think it could also be D) base fee because it sounds similar.
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Denise
3 months ago
I agree with Selma, because an award fee is fixed no matter the performance.
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Selma
4 months ago
I think the answer is B) award fee.
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