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ISM CPSM Bridge Sample Questions:

1. These laws require supply management professionals to report any request to participate in a boycott of one nation against another.

A) Export Administration Act
B) Anti-boycott legislation
C) U.S Foreign Corrupt Practices Act
D) International Anti-Bribery Act

2. The three performance measurement tools used during the contract administration process include all of the following EXCEPT.

A) Earned value management which is a measure of assessing suppliers compliance with meeting cost and schedule.
B) Schedule analysis which compared planned versus actual completion.
C) Quality Assurance Management Plan
D) Budget analysis which compares planned budget with actual expenditures.

3. Organizations should maintain customs documents on file for at least?

A) 7 years after the transaction or completion of the contract for the supply management organization.
B) Indefinitely after the transaction or completion of the contract for the supply management organization.
C) 10 years after the transaction or completion of the contract for the supply management organization.
D) 30 years after the transaction or completion of the contract for the supply management organization.

4. Metrics measure productivity, efficiency and how well a plan is implemented. Which metric is used to show how effectively an organization plans supply management expenses for administrative budgets?

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

5. The supply management policy which addresses purchases from suppliers who are also customers of the buying organization is the?

A) Competitive bidding policy
B) Social responsibility policy
C) Supplier relations and treatment of suppliers policy
D) Reciprocity policy

Solutions: