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ISM CPSM Bridge Sample Questions:

1. Metrics measure productivity, efficiency and how well a plan is implemented. Which metric is used to show how effectively an organization uses staffing, scheduling and assignments?

A) Price performance measures
B) Administration and control measures
C) Workload measures
D) Cost-effectiveness measures

2. Supply and efficiency are key drivers in acquiring goods and services which are?

A) High volume/low risk
B) Low volume/low risk
C) Low volume/ high risk
D) High volume/high risk

3. The Sarbanes-Oxley Act requires all of the following EXCEPT.

A) Performance of routine asset inventories.
B) Records and controls must be documented.
C) Monthly asset audit for the organization.
D) Adherence to policies of the organization.

4. Competitor analysis is important during the development of a strategy. It is important to understand how to best compete with them for the same sales and market share. Three other answers are correct in terms of competitor analysis which one is not?

A) Their share of competitive markets.
B) Their level of success in those markets.
C) The actual cost of business for a competitor.
D) The competitive nature of their products or services.

5. A cost that exhibits a variability of the total amount of costs that is in direct proportion to changes in the operational activity is referred to as?

A) Indirect costs of supply management operations.
B) Variable costs of supply management operations.
C) Constant costs of supply management operations.
D) Fixed costs of supply management operations.

Solutions: