CIPS A10 Exam Practice Test Instant Access

Question 1

Which of the following is a term used to describe a measurement system where a buyer and a supplier both obtain a benefit?

AA joint performance system

BA return on investment system

CAn ABC tabulation system

DAn advanced tender system

Answer : B

Question 2

Which of the following best represents a typical means of assessing supplier performance?

AOrganisational environment

BInvoice accuracy

CCurrency speculation results

DOrganisational behaviour

Answer : B

Question 3

Which of the following would express a typical performance indicator for slow moving stock?

AAs a percentage of total stock

BAs a percentage of total work in progress

CAs a percentage of total active stock

DAs a percentage of obsolete stock.

Answer : A

Question 4

Which of the following would be the expected outcome of agreeing extended payment terms with a supplier?

AAn improvement to the creditor payment system

BAn improvement to the capital base of the supplier

CAn improvement to the buying company's cash flow

DAn improvement to the debtor portfolio of the buying company.

Answer : A

Question 5

Which of the following is an award given in recognition of significant effort in training and development of staff ?

AThe European Quality Award

BInvestors In People

CThe Malcolm Baldridge Award

DISO 9002

Answer : A

Question 6

Which of the following is a useful indicator that the value of stock held is too high or too low?

AComparing the total value of issues out of store against the same period in the previous year

BComparing the total value of receipts into and issues out of store against the same period in the previous year

CComparing the total value of receipts into store against the same period in the previous year

DComparing the total value of lost or damaged stock against the same period in the previous year.

Answer : B

Question 7

Which of the following best describes the term 'vendor rating'?

AThe measurement of a supplier's performance

BThe appraisal of suppliers

CThe assessment of a potential supplier's capability

DThe measurement of purchasing performance.

Answer : A

CIPS A10 Measuring Performance in Purchasing and Supply Exam Practice Test