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.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

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

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Florinda

2 months ago

Reasonable profit? What is this, a charity? I say, squeeze that seller for all they're worth!

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Lorriane

9 days ago

True

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Ashanti

10 days ago

A) True

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Fidelia

20 days ago

Whoa, calm down! It's not about squeezing the seller, it's about making a fair deal.

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Fanny

20 days ago

B) False

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Lelia

26 days ago

A) True

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Brittni

1 months ago

B) False

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Elouise

1 months ago

A) True

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Lang

2 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.

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Caitlin

2 months ago

False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?

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Mollie

6 days ago

A) True

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Charisse

9 days ago

A) True

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Iluminada

11 days ago

False, obviously. The buyer wants to maximize their profit, not minimize the seller's. Gotta get that deal, am I right?

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Tyra

1 months ago

B) False

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Corrie

1 months ago

A) True

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Shasta

2 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.

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Robt

2 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.

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Deeanna

30 days ago

B) False

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Martin

1 months ago

It can be tricky, but it's important to do your research and negotiate to get the best deal.

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Tamala

1 months ago

A) True

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Angelyn

1 months ago

A) True

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Laurel

1 months ago

It's definitely a tough balancing act.

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Dorthy

2 months ago

B) False

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Marget

2 months ago

A) True

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Sanjuana

2 months ago

I think it's true because a risk avoiding buyer would want to minimize any potential losses.

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Bulah

2 months ago

B) False

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Sanjuana

3 months ago

A) True

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