ISM CPSMB Actual Free Exam Questions & Community Discussion
The supply management policy which highlights issues that supply management professionals may face when conducting business with suppliers and includes such topics as conflict of interest, gifts, and meals is the?
Correct Answer: B
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The supply management professional may encounter very complex arrangements of authority. This may be in the form of actual authority, apparent authority, express or implied authority. The type of authority used to describe an authority that is implied by law to enable the agent to carry out the express authority granted by the principal is?
Correct Answer: B
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Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would require her organization to pay the local prevailing wage if they utilized a Federal service contract?
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would require her organization to pay the local prevailing wage if they utilized a Federal service contract?
Correct Answer: A
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As the supply management professional, which of the following is NOT a question one should be asking about the supply management function as a whole?
Correct Answer: A
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As the supply management professional executes strategic sourcing plans and is performing a market analysis and risk benefit analysis, using the risk benefit quadrant formula a factor which is BOTTLENECK would have which level of risk and benefit?
Correct Answer: D
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Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would provide for the recovery of damages upon proof of loss to the government through the award or performance of a government contract?
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would provide for the recovery of damages upon proof of loss to the government through the award or performance of a government contract?
Correct Answer: B
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Which type of audit would be required as a follow up to an initial certification?
Correct Answer: A
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Timing and communication are very important in the implementation phase or rollout plan. Which of the following describes functions with engineering, marketing, or finance to develop a sense of ownership in the process in developing a resource plan?
Correct Answer: D
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Which of the following is NOT an organizational audit purpose?
Correct Answer: C
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The change process should be initiated in a systematic fashion. Which step refers to developing a detailed plan entailing the reason for change, objectives, as well as an implementation process?
Correct Answer: D
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Which "supplier characteristic" includes suppliers experiencing difficulties in managing raw materials?
Correct Answer: C
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Which of the following as not a function of the target costing process?
Correct Answer: A
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Which of the following examples is the BEST example of a during the fact control?
Correct Answer: A
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Which contemporary E-sourcing tool is a computer to computer exchange of business information in ANSI
X.12 format?
X.12 format?
Correct Answer: C
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When managing transportation of goods, truck transportation shipments are reliable with minimal damage and flexibility however; it is not the cheapest nor the fastest mode of transportation. When trucking is used two categories exist Truckload and?
Correct Answer: D
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