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 CPCM Exam - 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:

0/2000 characters
Submit Cancel
Wenona
7 months ago
Yeah, but what if the price is actually worth it?
upvoted 0 times
...
Erin
7 months ago
Wait, is that really how buyers think?
upvoted 0 times
...
Xochitl
7 months ago
Makes sense, who wants to lose money?
upvoted 0 times
...
Chantell
7 months ago
I disagree, sometimes they just want the best deal.
upvoted 0 times
...
Cordelia
7 months ago
Totally true, they want to avoid overpaying!
upvoted 0 times
...
Haley
8 months ago
I’m confused; I thought risk-averse buyers were more focused on minimizing losses rather than just price. Could be false?
upvoted 0 times
...
Nenita
8 months ago
I feel like this aligns with what we covered about buyer behavior, so I would lean towards true.
upvoted 0 times
...
Audrie
8 months ago
I'm not entirely sure, but I remember a practice question that discussed risk management in pricing. It might be false?
upvoted 0 times
...
Casey
8 months ago
I think the statement is true because risk-averse buyers typically want to avoid overpaying.
upvoted 0 times
...
Jennifer
8 months ago
Okay, let me see if I can break this down. AICPA is the American Institute of CPAs, so that's not it. CobiT is for IT governance, not general internal controls. ERME ISO doesn't ring a bell at all. I think I'm going to go with COSO on this one.
upvoted 0 times
...
Tyra
8 months ago
Hmm, I'm a bit unsure about how to handle the requirement to overwrite an existing Data Factory instance. I'll need to review the Azure pipeline documentation to see the best approach.
upvoted 0 times
...
Shaun
8 months ago
Hmm, I'm a bit unsure about this one. I'll need to carefully review each option to determine which one is the exception.
upvoted 0 times
...
Florinda
1 year ago
Reasonable profit? What is this, a charity? I say, squeeze that seller for all they're worth!
upvoted 0 times
Lorriane
12 months ago
True
upvoted 0 times
...
Ashanti
12 months ago
A) True
upvoted 0 times
...
Fidelia
12 months ago
Whoa, calm down! It's not about squeezing the seller, it's about making a fair deal.
upvoted 0 times
...
Fanny
12 months ago
B) False
upvoted 0 times
...
Lelia
1 year ago
A) True
upvoted 0 times
...
Brittni
1 year ago
B) False
upvoted 0 times
...
Elouise
1 year ago
A) True
upvoted 0 times
...
...
Lang
1 year 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
1 year 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
11 months ago
B) False
upvoted 0 times
...
Joni
11 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
...
Dino
11 months ago
B) False
upvoted 0 times
...
Mollie
11 months ago
A) True
upvoted 0 times
...
Charisse
12 months ago
A) True
upvoted 0 times
...
Iluminada
12 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
1 year ago
B) False
upvoted 0 times
...
Corrie
1 year ago
A) True
upvoted 0 times
...
...
Shasta
1 year 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
1 year 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
1 year ago
B) False
upvoted 0 times
...
Martin
1 year ago
It can be tricky, but it's important to do your research and negotiate to get the best deal.
upvoted 0 times
...
Tamala
1 year ago
A) True
upvoted 0 times
...
Angelyn
1 year ago
A) True
upvoted 0 times
...
Laurel
1 year ago
It's definitely a tough balancing act.
upvoted 0 times
...
Dorthy
1 year ago
B) False
upvoted 0 times
...
Marget
1 year ago
A) True
upvoted 0 times
...
...
Sanjuana
1 year ago
I think it's true because a risk avoiding buyer would want to minimize any potential losses.
upvoted 0 times
...
Bulah
1 year ago
B) False
upvoted 0 times
...
Sanjuana
1 year ago
A) True
upvoted 0 times
...

Save Cancel