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CPCM Practice Exam 4 | Questions And Answers Latest {} A+ Graded | 100% Verified
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CPCM Practice Exam 4 | Questions And Answers Latest {} A+ Graded | 100% Verified
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CPCM Practice Exam 4 | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
When conducting research, asking "Is this information current, official, and verifiable?" is an example of
what?
A:Problem solving
B:Information filtering
C:Knowledge management
D:Situational assessment - B:Information filtering
Which of the following is not a competency of Guiding Principles? A:Team Dynamics
B Regulatory Assessment
C:Contract Principles
D:Collaboration - D:Collaboration
There are four types of knowledge required by contracts managers. The communication skills needed
for a successful negotiation would fall in to which of the following categories?
A:Strategic Knowledge
B:Explicit Knowledge
C:Procedural Knowledge
D:Tacit Knowledge - D:Tacit Knowledge
Complete the equation: All the information + all the _________ = Knowledge
A:Collaboration
B:Experience
C:Value
D:Resources - B:Experience
Which of the following is not a requirement of a written contract for the sale of goods?
, A:The place of delivery
B:The signature of the buying party
C:A specified quantity
D:Sufficient detail to indicate that a contract for sale has been made - A:The place of delivery
No debt may be paid out of public funds unless Congress has made an ______________ for that
purpose.
A:Obligation
B:Allotment
C:Appropriation
D:Authorization - C:Appropriation
Which of the following is not one of the tenets of a successful contract management team?
A:Openness to change
B:Communication
C:Shared leadership
D:Trust - C:Shared leadership
During contract performance which party is most likely to bear the risk of loss?
A:The seller
B:The buyer
C:The party who had title to the goods when the loss occurred
D:The party who had control of the goods when the loss occurred - D:The party who had control of the
goods when the loss occurred
The negotiation between the buyer and seller of a change to an existing contract is an example of:
A:Monopsony
B:Bilateral Monopoly
C:Oligopsony
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