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
Robt
6 days 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
...
Sanjuana
11 days ago
I think it's true because a risk avoiding buyer would want to minimize any potential losses.
upvoted 0 times
...
Bulah
12 days ago
B) False
upvoted 0 times
...
Sanjuana
13 days ago
A) True
upvoted 0 times
...

Save Cancel