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ISM CPSM Bridge Sample Questions:

1. Project initiation includes obtaining the necessary approvals for a project to facilitate a new process. In the initiation stage the main supply management activities include all of the following EXCEPT.

A) Determining the feasibility of a project.
B) Obtaining project authorization.
C) Determining a funding source.
D) Identifying needs or defining the problem.

2. The uniform set of rules used to clarify the risks, costs, and obligations of buyers and sellers in international transactions is called?

A) Incoterms The International Commercial Terms
B) Uniform rules of the International Commercial Terms.
C) International transactions of the International Chamber of Commerce (ICC).
D) International terms of the International Chamber of Commerce (ICC).

3. Using process mapping to analyze warehouse costs if an Input (X) is a spend analysis and a commodity is identified then the most likely Output (Y) would be?

A) Determination of total cost of ownership (TCO).
B) Accepting quotes for a supply management purchase.
C) Determining customer service levels and satisfaction.
D) The commodity sourcing plan

4. Strategies are action plans that define how given objectives will be accomplished. Supply strategy is specifically defined as spend category. The spend analysis would involve an analysis of all the following categories EXCEPT.

A) The number of suppliers used
B) The type of market
C) Total dollar value
D) The number of invoices received

5. The international Commercial Terms (Incoterms) are used for?

A) Contracting used in international commerce, developed by the International Chamber of Commerce
(ICC).
B) Supplier international negotiations used in international commerce, developed by the International
Chamber of Commerce (ICC).
C) Commercial terms used in international commerce, developed by the International Chamber of
Commerce (ICC).
D) Tariff determination used in international commerce, developed by the International Chamber of
Commerce (ICC).

Solutions: