Free PDF Quiz 2025 CIPS - L4M3 - CIPS Commercial Contracting Well Prep - Assogba

CIPS Commercial Contracting

  • Exam Number/Code : L4M3
  • Exam Name : CIPS Commercial Contracting
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
The Interceptor appliance can be configured to redirect traffic to the Steelhead appliances via what methods?
A. ISIS
B. GRE
C. L2
D. Redirection is automatic and not configurable
E. Multicast
Answer: D

NEW QUESTION: 2
公開Webサイトの企業プライバシーステートメントを作成する場合、次のうちどれを含める必要がありますか?
A. 有限責任条項
B. 情報利用の説明
C. アクセス制御要件
D. 情報の暗号化要件
Answer: D

NEW QUESTION: 3
Which type of contract is a hybrid of both a cost-reimbursable and a fixed-price contract?
A. Cost Plus Incentive Fee Contract (CPIF)
B. Time and Material Contract (T&M)
C. Firm-Fixed -Price Contract (FFP)
D. Cost Plus Award Fee Contract (CPAF)
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Time and Material Contracts (T&M). Time and material contracts are a hybrid type of contractual arrangement that contain aspects of both cost-reimbursable and fixed-price contracts. They are often used for staff augmentation, acquisition of experts, and any outside support when a precise statement of work cannot be quickly prescribed. These types of contracts resemble cost-reimbursable contracts in that they can be left open ended and may be subject to a cost increase for the buyer. The full value of the agreement and the exact quantity of items to be delivered may not be defined by the buyer at the time of the contract award. Thus, T&M contracts can increase in contract value as if they were costreimbursable contracts. Many organizations require not-to-exceed values and time limits placed in all T&M contracts to prevent unlimited cost growth. Conversely, T&M contracts can also resemble fixed unit price arrangements when certain parameters are specified in the contract. Unit labor or material rates can be preset by the buyer and seller, including seller profit, when both parties agree on the values for specific resource categories, such as senior engineers at specified rates per hour, or categories of materials at specified rates per unit.