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NCMA CPCM Exam - Topic 4 Question 113 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 113
Topic #: 4
[All CPCM Questions]

What clause can provide for price increases based on the seller's costs but not on the seller's decision to increase the prices of its products and services?

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Suggested Answer: A

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Annabelle
2 months ago
I’m surprised this is a common term, never heard of it before!
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Danica
2 months ago
I agree with A, it’s all about cost changes, not seller whims.
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Timothy
3 months ago
Wait, is it really just A? Seems too straightforward.
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Dawne
3 months ago
A makes sense, but I thought B could fit too.
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Pansy
3 months ago
Definitely A, economic price adjustment is the right term.
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Jeannetta
3 months ago
I’m a bit confused between A and C. I think C might relate to taxes, but I’m not confident about that.
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Gabriele
4 months ago
I feel like I've seen a question similar to this before, and A was the correct choice then too. It just makes sense for cost-based adjustments.
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Lemuel
4 months ago
I'm not entirely sure, but I remember something about variable pricing being linked to market conditions. Could it be B?
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Sabrina
4 months ago
I think the answer might be A, the Economic price adjustment clause. It seems to fit the description of being based on costs rather than the seller's choice.
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Martin
4 months ago
I'm pretty confident I know the answer to this one. The economic price adjustment clause seems like the best fit based on the description.
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Julio
4 months ago
Okay, I think I have a strategy for this. I'll focus on identifying the clause that allows for cost-based increases but not seller-driven price hikes.
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Golda
5 months ago
Hmm, I'm a bit unsure about this. I'll need to review the key concepts around price adjustments to figure out the right approach.
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Keneth
5 months ago
This seems like a tricky one. I'll need to think carefully about the differences between the options and what they each imply.
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Silva
7 months ago
D) Appropriate price adjustment? Sounds a bit too vague for my liking. I'm going with A) - keep it simple, keep it fair.
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Natalie
5 months ago
I think D) Appropriate price adjustment might leave too much room for interpretation.
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Valene
6 months ago
I agree, A) Economic price adjustment seems like the most straightforward option.
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Clorinda
7 months ago
I think C) Prices & Taxes adjustment could also be a possibility, as it includes both price and tax adjustments.
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Antonio
7 months ago
I'm not sure, but I think it could also be D) Appropriate price adjustment.
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Karol
7 months ago
C) Prices & Taxes adjustment? Really? That's like saying 'Hey, we can charge you whatever we want!' Nah, A) is the way to go.
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Daniel
5 months ago
Yeah, C) Prices & Taxes adjustment seems too vague and open to abuse.
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Cherri
6 months ago
I agree, A) is more fair and reasonable.
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Glenna
7 months ago
A) Economic price adjustment is the best option for that.
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Mari
7 months ago
I was thinking B) Variable-price adjustment, but A) makes more sense. Gotta love those cost-of-living clauses, am I right?
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Josue
6 months ago
Yeah, cost-of-living clauses can really impact price increases.
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Helga
7 months ago
I agree, A) Economic price adjustment seems like the best option.
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Jerilyn
7 months ago
I agree with Geoffrey, because it makes sense to base price increases on the seller's costs.
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Geoffrey
8 months ago
I think the answer is A) Economic price adjustment.
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Martina
8 months ago
A) Economic price adjustment seems like the right choice. Allows for cost-based increases, not just arbitrary price hikes. Simple and straightforward.
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Alfreda
7 months ago
C) Prices & Taxes adjustment doesn't fit the criteria. We're looking for a clause that specifically addresses cost increases.
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Colton
7 months ago
B) Variable-price adjustment wouldn't be the best choice in this scenario. We need something based on costs, not variability.
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Rolf
7 months ago
A) Economic price adjustment is the correct answer. It's based on the seller's costs, not their decision to raise prices.
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