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NCMA Exam CPCM Topic 6 Question 64 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 64
Topic #: 6
[All CPCM Questions]

The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than necessary to cover the buyer's costs plus a reasonable profit.

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Suggested Answer: D

by Ernie at Jan 05, 2023, 01:50 PM

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Florinda
1 months ago
Reasonable profit? What is this, a charity? I say, squeeze that seller for all they're worth!
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Fidelia
3 days ago
Whoa, calm down! It's not about squeezing the seller, it's about making a fair deal.
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Fanny
3 days ago
B) False
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Lelia
9 days ago
A) True
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Brittni
15 days ago
B) False
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Elouise
16 days ago
A) True
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Lang
1 months ago
Ah, a classic risk-avoidance scenario. Sounds like the buyer's trying to play it safe and not get ripped off. Can't blame 'em, I guess.
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Caitlin
1 months ago
False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?
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Tyra
16 days ago
B) False
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Corrie
22 days ago
A) True
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Shasta
1 months ago
True, for sure. I mean, who wants to end up paying more than they have to? Gotta look out for that bottom line.
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Robt
2 months ago
Hmm, this one's a tricky one. Gotta be careful not to overpay, but what counts as a 'reasonable profit'? Sounds like a tough balancing act.
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Deeanna
13 days ago
B) False
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Martin
19 days ago
It can be tricky, but it's important to do your research and negotiate to get the best deal.
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Tamala
19 days ago
A) True
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Angelyn
28 days ago
A) True
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Laurel
28 days ago
It's definitely a tough balancing act.
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Dorthy
1 months ago
B) False
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Marget
1 months ago
A) True
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Sanjuana
2 months ago
I think it's true because a risk avoiding buyer would want to minimize any potential losses.
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Bulah
2 months ago
B) False
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Sanjuana
2 months ago
A) True
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