NCMA Exam CPCM Topic 3 Question 71 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 71
Topic #: 3

[All CPCM Questions]

The pricing arrangements fall into which of the following categories:

AFixed-price

Bcost-reimbursement

CTime-and-material contracts

DAll of the above

Show Suggested Answer

Suggested Answer: C

by Daniela at Jul 08, 2023, 06:47 PM

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Loreta

2 months ago

Hmm, I'd go with 'all of the above' too. That way, I can confidently say I know at least one of the answers!

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Alease

2 months ago

Wait, there's more than one type of pricing arrangement? I thought it was just 'whatever the client is willing to pay'.

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Lindsey

2 months ago

D, of course. It's like the exam writer wanted to make this question as easy as possible. Maybe they're in a good mood today.

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Rana

8 days ago

Well, at least we know the answer is D, so that's a relief.

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Gladys

9 days ago

I think they just want to test our basic knowledge of pricing arrangements.

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Mari

10 days ago

I agree, it does seem like a straightforward question.

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Dannie

1 months ago

D, of course. It's like the exam writer wanted to make this question as easy as possible.

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Sheron

2 months ago

Aha, I knew this one! The pricing arrangements cover fixed-price, cost-reimbursement, and time-and-material contracts. Easy peasy!

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Domingo

25 days ago

Knowing the types of pricing arrangements can help in negotiating contracts effectively.

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Rosendo

30 days ago

It's important to understand the different categories of pricing arrangements to make informed decisions.

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Carlota

2 months ago

Yes, you're right! The pricing arrangements include fixed-price, cost-reimbursement, and time-and-material contracts.

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Broderick

2 months ago

Hmm, I was a bit unsure between B and D, but D makes the most sense. Can't go wrong with 'all of the above' on a multiple-choice exam!

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Vanesa

1 months ago

Yeah, D covers all the bases.

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Isadora

2 months ago

I think D is the best option too.

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Shad

2 months ago

I agree, D seems like the safest choice.

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Ashley

3 months ago

Definitely D. All of the above are valid pricing arrangements. This is a pretty straightforward question.

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Denise

23 days ago

Cost-reimbursement contracts can be beneficial in certain situations.

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Zita

24 days ago

I prefer fixed-price contracts, but it's good to have options.

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Vincenza

25 days ago

It's good to know that there are different pricing arrangements to choose from.

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Earleen

26 days ago

I agree, all of the above options are valid pricing arrangements.

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Nu

1 months ago

Knowing which pricing arrangement to use depends on the project requirements and risks involved.

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Leatha

1 months ago

Each pricing arrangement has its own advantages and disadvantages.

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Thaddeus

2 months ago

It's important to understand the differences between fixed-price, cost-reimbursement, and time-and-material contracts.

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Irene

2 months ago

I agree, all of the above options are common pricing arrangements.

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Lai

3 months ago

I feel confident about this question, I have studied the different pricing arrangements thoroughly.

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Hester

3 months ago

I agree with Keneth, fixed-price, cost-reimbursement, and time-and-material contracts cover all the options.

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Keneth

3 months ago

I think the pricing arrangements fall into all of the above categories.

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Madonna

3 months ago

I feel confident about this question, I have studied the different types of pricing arrangements thoroughly.

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Rusty

4 months ago

I agree with Pearlene, fixed-price, cost-reimbursement, and time-and-material contracts are all common pricing arrangements.

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Pearlene

4 months ago

I think the pricing arrangements fall into all of the above categories.

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