NCMA CPCM Exam Practice Questions (P. 5)
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Question #21

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Question #22
- Afixed price incentive
- Bcost-plus-incentive fee
- Cspecial incentive fee
- Dpros and cons of award fee
B

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Question #23
- Acost-plus-award fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyers subjective desires.
- Bcost-plus-incentive fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyers objective desires.
- Ccost-plus-award fee contracts include objective incentives, in which the profit the buyer earns depends on how well the seller satisfies a buyers objective desires.
- Dcost-plus-incentive fee contracts include objective incentives, in which the profit the buyer earns depends on how well the buyer satisfies a sellers subjective desires.
A

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Question #24

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Question #25

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