Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

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.

Show Suggested Answer Hide Answer
Suggested Answer: D

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

Limited Time Offer

25%

Off

Get Premium CPCM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Florinda
3 months ago
Reasonable profit? What is this, a charity? I say, squeeze that seller for all they're worth!
upvoted 0 times
Lorriane
1 months ago
True
upvoted 0 times
...
Ashanti
1 months ago
A) True
upvoted 0 times
...
Fidelia
2 months ago
Whoa, calm down! It's not about squeezing the seller, it's about making a fair deal.
upvoted 0 times
...
Fanny
2 months ago
B) False
upvoted 0 times
...
Lelia
2 months ago
A) True
upvoted 0 times
...
Brittni
2 months ago
B) False
upvoted 0 times
...
Elouise
2 months ago
A) True
upvoted 0 times
...
...
Lang
3 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.
upvoted 0 times
...
Caitlin
3 months ago
False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?
upvoted 0 times
Franklyn
27 days ago
B) False
upvoted 0 times
...
Joni
28 days ago
False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?
upvoted 0 times
...
Dino
29 days ago
B) False
upvoted 0 times
...
Mollie
1 months ago
A) True
upvoted 0 times
...
Charisse
1 months ago
A) True
upvoted 0 times
...
Iluminada
1 months ago
False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?
upvoted 0 times
...
Tyra
2 months ago
B) False
upvoted 0 times
...
Corrie
2 months ago
A) True
upvoted 0 times
...
...
Shasta
3 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.
upvoted 0 times
...
Robt
3 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.
upvoted 0 times
Deeanna
2 months ago
B) False
upvoted 0 times
...
Martin
2 months ago
It can be tricky, but it's important to do your research and negotiate to get the best deal.
upvoted 0 times
...
Tamala
2 months ago
A) True
upvoted 0 times
...
Angelyn
2 months ago
A) True
upvoted 0 times
...
Laurel
2 months ago
It's definitely a tough balancing act.
upvoted 0 times
...
Dorthy
3 months ago
B) False
upvoted 0 times
...
Marget
3 months ago
A) True
upvoted 0 times
...
...
Sanjuana
3 months ago
I think it's true because a risk avoiding buyer would want to minimize any potential losses.
upvoted 0 times
...
Bulah
3 months ago
B) False
upvoted 0 times
...
Sanjuana
4 months ago
A) True
upvoted 0 times
...

Save Cancel