Certified Professional Contracts Manager (CPCM) - NCMA Actual Exam Questions
Last updated on May 01, 2026
A relationship between buyer and seller defined by an agreement about their respective rights and responsibilities is called:
Contract
Deal
Concurrence
Union
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In acceptance principle according to Civil law, no mirror image rule exists
True
False
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The uniform commercial code is a clear, precise document that uniformly and specifically governs all commercial transactions throughout the United States, it is a:
Misconception
Reality
Hypothesis
Practice
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In developing the evaluation criteria for source selection requires which of the following prerequisite?
the buyer must understand what goods or services it wants to but.
the buyer must understand the industry that will provide the required goods and services.
the buyer must understand the market practices of that industry.
All of the above
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The process of ensuring compliance with contractual terms and conditions during contract performance and up to contract closeout or termination is known as:
Contract Formation
Contract negotiation
Contract administration
Contract Summary
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