CIPS A10 Exam Questions Instant Access - No Installation Required

Question 1

Which of the following does the abbreviation ROE normally refer to?

AReturn on equity

BRestoration of equipment

CResults of effectiveness

DRecycling operational efficiency

Answer : B

Question 2

Which of the following would be considered the best method of improving the quality of goods received?

AAn agreement for ISO 14001

BA performance measurement agreement

CA call-off agreement

DA financial penalty scheme

Answer : C

Question 3

Which of the following is most likely to help achieve an increased contribution to the profitability of the organisation?

AHigh-level purchasing practice and thinking

BLow-level inventory practice and thinking

CLow-level purchasing practice and thinking

DEliminating pre-tender investigations.

Answer : A

Question 4

Which one of the following is a recognised measure of financial performance?

AStock exchange viability test

BCLIP performance

CNet profit before tax

DSales analysis

Answer : D

Question 5

Which of the following is essential for an effective appraisal process?

AClearly defined rules and regulations for the post

BClearly defined demarcation lines between levels

CClearly defined objectives for each post

DClearly defined salary levels for each post

Answer : A

Question 6

Which of the following measures could be used to verify the effectiveness of stores management?

AValue of credits taken

BValue of credit given

CValue of stock orders placed

DValue of stock damaged

Answer : B

Question 7

Which of the following best defines the term 'consignment stock'?

AStock delivered to the buyer's warehouse but not actually paid for until the buyer issues it for use

BStock delivered to the buyer's warehouse but not actually issued for use until the buyer has paid for it

CStock delivered to the buyer's warehouse that incurs extra cost to the buyer

DStock delivered to the buyer's warehouse at lower than market price.

Answer : D

CIPS Measuring Performance in Purchasing and Supply A10 Exam Questions