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ISM CPSM Bridge Sample Questions:

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

2. The marketplace for excess inventory disposal includes all of the following options except?

A) Dealer of supply management material.
B) Third-party specialist of supply management material.
C) A holding organization
D) Broker of supply management material.

3. Which of the following is not a component of the post-audit evaluation of the decision process or of the value added results?

A) Total cost of ownership
B) Incremental cost analysis
C) Analysis of each element of the process
D) Cost estimation processes

4. Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which act would govern advertising practice and consumer protection authority in dealings with her organization?

A) The Federal Trade Commission Act
B) The Sherman Antitrust Act
C) The Robinson- Patman Act
D) The Clayton Act

5. Creating better contracts, maximizing effectiveness, increasing consistency, and improving compliance are all components which can be related to which of the following?

A) New employees
B) Better equipment
C) New management
D) Contact management software

Solutions: