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NEW QUESTION 74
Which of the following is NOT the area of Sarbanes-Oxley Act?
- A. Waiting period
- B. Loan prohibition
- C. Leadership time
- D. Audit committees
Answer: C
NEW QUESTION 75
An inventory management program where information is submitted electronically from the customer to supplier is called:
- A. None of the above
- B. Front office program
- C. Add-on program
- D. Continuous replenishment program
Answer: D
NEW QUESTION 76
According to Project Management Institute,
which of the following is NOT the process group of project?
- A. Closing
- B. Executing
- C. Initiating
- D. Organizing
Answer: D
NEW QUESTION 77
Applying the value of existing equipment against the purchase of new is referred to as:
- A. Action
- B. Bidding
- C. Trade-in
- D. Equipment sales
Answer: C
NEW QUESTION 78
distributing materials
in support
of
A warehouse for storing and shipping material, usually finished goods, often located apart from the manufacturing site is called:
- A. Merchandise center
- B. Distribution center
- C. Divisional center
- D. Allotment center
Answer: B
NEW QUESTION 79
What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?
- A. Challenging evaluations
- B. Conductive evaluations
- C. Formative evaluations
- D. Summative evaluations
Answer: D
NEW QUESTION 80
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 81
The costs of logistics services should be determined; these costs plus an added value or markup becomes the:
- A. Productivity cost
- B. Professional supply cost
- C. Operational price
- D. Transfer price
Answer: D
NEW QUESTION 82
What involves taking out an investment that will specifically reduce or cancel out the risk in another investment?
- A. Situational factor
- B. Hedging strategy
- C. Operational strategy
- D. Optimization strategy
Answer: B
NEW QUESTION 83
A practice that involves purchasing professional in the new product or service development process from its inception is called:
- A. Statement of work flow
- B. Initializing consent
- C. Early purchasing Improvement
- D. Service level professionalism
Answer: C
NEW QUESTION 84
An intermediary who brings the buyer and the seller together is the:
- A. Dealer
- B. public surplus
- C. Broker
- D. their-party specialist
Answer: C
NEW QUESTION 85
Which of the following is NOT the type of budget that the supply management budget includes?
- A. Capital budget
- B. Expense budget
- C. Purchased materials
- D. Maintenance budget
Answer: B
NEW QUESTION 86
A standard
of point
of reference
used in measuring or judging an organization's performance according to selected criteria is called:
- A. Process revelation
- B. None of the above
- C. Performance assessment
- D. Benchmarking
Answer: D
NEW QUESTION 87
Which of the following is NOT the type of statement of work (SOW)?
- A. Design SOW
- B. Project SOW
- C. Level of effort SOW
- D. Performance SOW
Answer: A
NEW QUESTION 88
A value that allows data to be measured over time in terms of some base period is known as:
- A. Deflator
- B. Implicit indicator
- C. Adjusted indexing
- D. Balance of inflation
Answer: A
NEW QUESTION 89
A professional tool that organizations use to measure, investigate and control price and cost changes within their own organizations as:
- A. None of the above
- B. Supply professionalism
- C. Panel trading
- D. Custom indexing
Answer: D
NEW QUESTION 90
A distribution system in which freight moves in and out of a distribution center or point without ever being stored there is referred to as:
- A. Mild-wharfing
- B. Disembarking
- C. Water-fronting
- D. Cross-docking
Answer: D
NEW QUESTION 91
What is used to establish a relationship between the cost, schedule and technical aspects of a project?
- A. Key performance indicator systems
- B. Resource management system
- C. Cost Lead system
- D. Earned value management system
Answer: D
NEW QUESTION 92
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Certification Path for CPSMî Certified Professional in Supply Managementî
The exam does not have any certificate pre-requisite but demands the following before a candidate can sit for an exam:
- You realize how to exploit store network assets and local area to help your group carry out accepted procedures inside supply chains
- You’re a master with regards to work processes, plans, and different highlights accessible through supply chains
- You can decipher and make an interpretation of business necessities to supply chains
- You have 2-3 years of involvement controlling stock chains
- You can keep supply chains sound since you handle what your decisions mean for supply chains' exhibition, adaptability, and everyday sensibility
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