NCMA Exam CPCM Topic 1 Question 74 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 74
Topic #: 1

[All CPCM Questions]

A fixed fee that the seller will earn no matter how its performance is evaluated in known as:

Aincurred fee

Baward fee

Cperiod fee

Dbase fee

Show Suggested Answer

Suggested Answer: D

by Rosio at Aug 30, 2023, 12:17 AM

Limited Time Offer

25%

Off

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

Contribute your Thoughts:

Submit Cancel

Virgina

I was leaning towards B) award fee, but I guess that's more for when the seller exceeds expectations. D) base fee makes sense as the fixed compensation. Gotta love those no-risk deals, am I right?

upvoted 0 times

...

Katheryn

2 days ago

The correct answer is D) base fee. This is a fixed amount that the seller will earn regardless of performance evaluation. It's like a guaranteed paycheck, no matter how well they do their job!

upvoted 0 times

...