CIPS Exam A8 Topic 1 Question 29 Discussion

Actual exam question for CIPS's A8 exam

Question #: 29
Topic #: 1

Which of the following is generally regarded as a drawback of cost-reimbursable pricing?

AThe price, once agreed, cannot be changed unless as a result of negotiation between buyer and supplier

BThe final price paid depends on monitoring indices which are not always readily available

CThe price paid depends on being able to forecast the resources required to fulfil the contract at its outset

DThe supplier may be in no rush to complete the contract because the longer they take, the more they get paid.

Show Suggested Answer

Suggested Answer: A

by Pete at May 06, 2022, 07:21 PM

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