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NCMA CPCM Exam - Topic 2 Question 110 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 110
Topic #: 2
[All CPCM Questions]

Allowable costs of contract performance are reimbursed, but not fee is paid is the advantage of cost reimbursement contract type.

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Suggested Answer: A

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Rolland
2 months ago
Sounds right, but I thought fees were sometimes included?
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Horace
2 months ago
Totally agree, it's a key feature!
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Josphine
2 months ago
That's true, no fee is paid.
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Reid
3 months ago
Wait, are you sure about that?
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Junita
3 months ago
Yep, reimbursement only, no extra fees!
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Casie
3 months ago
I believe the answer is true. I recall that in these contracts, the contractor gets reimbursed for costs, but the fee is separate and not guaranteed.
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Micaela
3 months ago
I’m a bit confused. I thought cost reimbursement contracts included some sort of fee, but now I’m not so sure.
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Johnetta
4 months ago
I remember practicing a question like this, and I think it was about how these contracts work. I feel like they do reimburse costs but not necessarily provide a fee.
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Alaine
4 months ago
I think this statement is true because cost reimbursement contracts typically cover allowable costs, but I’m not entirely sure about the fee part.
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Dalene
4 months ago
I'm confident I can figure this out. Cost reimbursement contracts are a topic I'm familiar with.
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Lashaunda
4 months ago
I've got a strategy for this. I'll focus on the core concepts of cost reimbursement contracts.
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Micaela
4 months ago
Okay, let me break this down. I think the key is understanding the difference between allowable costs and fee.
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Clement
5 months ago
I'm not entirely sure about this one. The wording is a bit confusing.
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Lilli
5 months ago
Hmm, this one seems a bit tricky. I'll need to think it through carefully.
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Matthew
9 months ago
Haha, this question is a real knee-slapper. The only 'advantage' here is for the contracting agency, not the contractor!
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Benedict
9 months ago
Wait, what? No fee? That's definitely not an advantage. This question is just trying to trick us.
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Silva
8 months ago
Yeah, it's important to read the fine print in contracts.
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Lenita
8 months ago
I agree, it does seem like a trick question.
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Remona
9 months ago
B) False
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Dick
9 months ago
A) True
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Jaclyn
10 months ago
I'm going to have to go with False on this one. Reimbursing costs without a fee doesn't sound like an advantage at all.
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Thea
9 months ago
B) False
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Eladia
9 months ago
I agree, reimbursing costs without a fee doesn't seem like an advantage.
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Salley
10 months ago
A) True
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Gayla
10 months ago
Hmm, I don't know about that. If the costs are reimbursed, that seems like a pretty good advantage to me, even without a fee.
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Lenny
10 months ago
Can you explain why you think it's false?
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Linette
10 months ago
I disagree, I believe the statement is false.
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Latia
11 months ago
I'm pretty sure the answer is False. No fee means no profit, so that can't be an advantage of a cost reimbursement contract.
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Earleen
9 months ago
False
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Lamonica
9 months ago
I agree, it doesn't make sense for there to be no fee as an advantage.
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Wynell
9 months ago
B) False
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Eleni
9 months ago
A) True
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Yolande
9 months ago
False
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Alton
9 months ago
I agree, no fee means no profit, so it must be False.
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Rozella
9 months ago
B) False
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Erick
10 months ago
A) True
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Lenny
11 months ago
I think the statement is true.
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