NCMA Exam CPCM Topic 2 Question 96 Discussion

Actual exam question for NCMA's CPCM exam

Question #: 96
Topic #: 2

What refers to verifying that all administrative matters are concluded on a contract that is otherwise physically complete?

AContract termination

BContract certificate

CContract closeout

DContract execution

Show Suggested Answer

Suggested Answer: C

by Gilbert at Sep 12, 2024, 11:38 AM

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Joesph

2 months ago

Ah, the age-old question: how do you close out a contract? Easy, you just staple it shut!

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Yvonne

1 months ago

C) Contract closeout

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Patti

1 months ago

B) Contract certificate

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Fannie

2 months ago

A) Contract termination

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Alecia

3 months ago

I always thought the answer was E) Contract party-time, but I guess that's not an official term.

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Kattie

1 months ago

D) Contract execution

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Corrie

1 months ago

C) Contract closeout

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Muriel

2 months ago

B) Contract certificate

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Leslie

2 months ago

A) Contract termination

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Ngoc

3 months ago

C) Contract closeout is the way to go! Gotta make sure all the i's are dotted and t's are crossed.

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Delila

2 months ago

D) Contract execution is just the beginning, closeout is the final step.

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Pete

2 months ago

B) Contract certificate may be needed as proof of completion.

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Ahmed

2 months ago

C) Contract closeout involves finalizing all paperwork and ensuring everything is in order.

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Candida

2 months ago

A) Contract termination is also important to ensure all obligations are met.

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Candra

3 months ago

I believe it's C) Contract closeout because it involves verifying all administrative matters.

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Maira

3 months ago

I'm not sure, but I think it's either A) Contract termination or C) Contract closeout.

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Annmarie

3 months ago

D) Contract execution is my pick. Executing the contract is the final step, right?

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Kanisha

2 months ago

Oh, I see. Thanks for clarifying!

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Melita

2 months ago

C) Contract closeout is the correct answer. It involves verifying that all administrative matters are concluded on a contract that is otherwise physically complete.

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Lenna

3 months ago

A) Contract termination is actually the correct answer. It refers to ending a contract before it is fully completed.

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Simona

3 months ago

I agree with Ivette, contract closeout makes sense.

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Lisha

4 months ago

I'm going with B) Contract certificate. That seems to be the best option for verifying the completion of a contract.

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Geraldine

4 months ago

I think the answer is C) Contract closeout. It sounds like the right term for wrapping up all the administrative details.

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Joanne

3 months ago

Yes, it makes sense to choose C) Contract closeout for wrapping up all the administrative details.

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Hubert

3 months ago

I agree, C) Contract closeout seems like the correct term for that.

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Ivette

4 months ago

I think the answer is C) Contract closeout.

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