NCMA CPCM Exam - Topic 2 Question 110 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 110
Topic #: 2

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

ATrue

BFalse

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Suggested Answer: A

by Louis at Apr 06, 2025, 02:10 AM

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Rolland

7 months ago

Sounds right, but I thought fees were sometimes included?

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Horace

7 months ago

Totally agree, it's a key feature!

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Josphine

7 months ago

That's true, no fee is paid.

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Reid

7 months ago

Wait, are you sure about that?

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Junita

7 months ago

Yep, reimbursement only, no extra fees!

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Casie

8 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

8 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

8 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

8 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

9 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

9 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

9 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

9 months ago

I'm not entirely sure about this one. The wording is a bit confusing.

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Lilli

9 months ago

Hmm, this one seems a bit tricky. I'll need to think it through carefully.

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Matthew

1 year 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

1 year ago

Wait, what? No fee? That's definitely not an advantage. This question is just trying to trick us.

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Silva

1 year ago

Yeah, it's important to read the fine print in contracts.

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Lenita

1 year ago

I agree, it does seem like a trick question.

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Remona

1 year ago

B) False

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Dick

1 year ago

A) True

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Jaclyn

1 year 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

1 year ago

B) False

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Eladia

1 year ago

I agree, reimbursing costs without a fee doesn't seem like an advantage.

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Salley

1 year ago

A) True

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Gayla

1 year 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

1 year ago

Can you explain why you think it's false?

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Linette

1 year ago

I disagree, I believe the statement is false.

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Latia

1 year 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

1 year ago

False

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Lamonica

1 year ago

I agree, it doesn't make sense for there to be no fee as an advantage.

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Wynell

1 year ago

B) False

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Eleni

1 year ago

A) True

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Yolande

1 year ago

False

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Alton

1 year ago

I agree, no fee means no profit, so it must be False.

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Rozella

1 year ago

B) False

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Erick

1 year ago

A) True

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Lenny

1 year ago

I think the statement is true.

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