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Updated Dec-2021 Pass CPSM Exam - Real Practice Test Questions
What is the cost of CPSMî Certified Professional in Supply Managementî
The cost of CPSMî Certified Professional in Supply Managementî is $250.
- Passing Score: 54%
- Number of Questions: 70-80
- Length of Examination: 180 minutes
- Format: Multiple choices, multiple answers
For more info about CPSMî Certified Professional in Supply Managementî
NEW QUESTION 55
A valid concept of connectedness that allows an organization to maintain a high level of confidence in its distribution system is the:
- A. Implicit warehouse
- B. Allocation warehouse
- C. Commodity warehouse
- D. Virtual warehouse
Answer: D
NEW QUESTION 56
What promote the use and development of small businesses including minority-owned and women-owned organizations?
- A. Compliance metrics
- B. Supplier development programs
- C. Supplier diversity programs
- D. Supply Management programs
Answer: C
NEW QUESTION 57
Which of the following is NOT the phase of business cycle?
- A. The highest point output before a downturn
- B. Expansion or resuming growth path
- C. Recession through, or lowest point in economic activity
- D. Leading & Lagging Producer price index
Answer: D
NEW QUESTION 58
A term used to describe a 'one piece flow' business strategy that allows an organization to establish a continuous sequencing of product, within a flow process is known as:
- A. Flow manufacturing
- B. Just-in-time scheduling
- C. Online scheduling
- D. Inventory scheduling
Answer: A
NEW QUESTION 59
With what an organization's inventory values are kept continuously in line with its actual inventory on hand?
- A. Temporary inventory control system
- B. Periodic inventory control system
- C. Services inventory control system
- D. Perpetual inventory control system
Answer: D
NEW QUESTION 60
A solicitation document used to obtain price quotes for a specified product or service is known as:
- A. Price Provocation
- B. Cost summons
- C. Temptation for bid
- D. Invitation for bid
Answer: D
NEW QUESTION 61
A relatively small amount of the population controlled the majority of the wealth, this is known as:
- A. Controlled analysis
- B. Ratio analysis
- C. Statistical analysis
- D. Pareto analysis
Answer: D
NEW QUESTION 62
The process which begins by understanding the product such as its value, its physical characteristics such as length, height, width, and weight and its fragility is called:
- A. Packaging optimization
- B. Process Throughput
- C. Product optimization
- D. Flood flow gain
Answer: A
NEW QUESTION 63
According
to the supply management, one of the most useful ways to develop is to begin with an inventory report listing all items in descending order of dollar spent.
- A. ABC classification
- B. Slope classification
- C. Top-down classification
- D. Gradient classification
Answer: A
NEW QUESTION 64
When an organization reduces the number and design of items it uses, this is referred to as:
- A. Overview discussion
- B. Bifurcation
- C. Simplification
- D. Generalization
Answer: C
NEW QUESTION 65
A macro-level evaluation of an organization's internal and external forces is called:
- A. SWOT analysis
- B. Paradox analysis
- C. Expert analysis
- D. Functional analysis
Answer: A
NEW QUESTION 66
Coding activities might include:
- A. needs notification
- B. issues approval
- C. All of the above
- D. Direct responsibility
Answer: C
NEW QUESTION 67
The supply management professional may
use conflicts?
- A. Acceptance
- B. All of the above
- C. Litigation
- D. Negotiation
Answer: B
NEW QUESTION 68
What defines work scope, sets the expectations and defines the relationship between the organization and the service provider?
- A. Technology agreements
- B. Process level agreements
- C. Counterfeit analysis agreements
- D. Service level agreement
Answer: D
NEW QUESTION 69
The process of coordinating the organization, planning, scheduling, controlling, monitoring and evaluating of activities so that the objectives of a project are met is known as:
- A. Project Organization
- B. Project Management
- C. Project Executive
- D. Project Life cycle
Answer: B
NEW QUESTION 70
A project manager is assigned to a project, either full-time or part-time, depending on the size of the project, and then must negotiate for the services of individual team members with each appropriate functional manager in:
- A. Control Organization
- B. Project Organization
- C. Matrix Organization
- D. Functional Organization
Answer: C
NEW QUESTION 71
which mean to resolve the logical
When both parties end a negotiation feeling content with what they have bargained, this is referred to as:
- A. Procurement scheme
- B. win-win proposition
- C. Superior intention
- D. Disputed proposal
Answer: B
NEW QUESTION 72
Organizations that perform freight auditing are called:
- A. Auditing consultants
- B. Traffic consultants
- C. Transportation consultants
- D. Service consultants
Answer: B
NEW QUESTION 73
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