Practice Test Geeks(CAM) Control Account Manager Certification Practice Test
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Professional Standards & Ethics Flashcards

7 cards from real CAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Professional Standards & Ethics flashcards as text

  1. A CAM realizes a subordinate has been recording labor hours to the wrong charge number for three weeks. The ethical response is to:

    Answer: Correct the records through the formal timekeeping correction process and address the training gap

    Timekeeping errors must be corrected through documented formal processes, never offset or hidden.

  2. During an Integrated Baseline Review (IBR), a CAM is coached to give rehearsed answers that hide known baseline weaknesses. Ethically, the CAM should:

    Answer: Answer all review questions truthfully, including acknowledging known weaknesses

    IBRs depend on candid disclosure, and concealing known weaknesses undermines the review's purpose.

  3. What is the primary ethical concern with a CAM using management reserve (MR) to mask a cost overrun?

    Answer: MR is for unforeseen in-scope work, not for hiding performance variances

    Using management reserve to erase visible variances conceals true performance from stakeholders.

  4. A CAM learns confidential proprietary data from a former employer would help win a current bid. Using that data would violate:

    Answer: Procurement integrity and confidentiality obligations

    Using a former employer's proprietary data breaches confidentiality duties and procurement integrity rules.

  5. Which behavior best reflects professional accountability for a CAM whose control account has a significant unfavorable cost variance?

    Answer: Owning the variance, analyzing root causes, and presenting a credible corrective action plan

    Professional accountability means owning results, diagnosing causes, and driving corrective action.

  6. A teammate asks a CAM to sign off on completed work the CAM has not verified. The CAM should:

    Answer: Verify the work personally or through objective evidence before signing

    A signature attests to verification, so signing unverified work misrepresents completion status.

  7. Why do ethical standards require CAMs to keep variance analysis narratives factual rather than speculative?

    Answer: Stakeholders make funding and management decisions based on those narratives

    Decision-makers rely on variance narratives, so speculation can lead to poor resource decisions.