CIPS A10 Exam Practice Test Instant Access

Question 1

Which of the following is a prime objective of all purchasing functions?

ATo contribute to the production and operations function

BTo operate independently of the sales and marketing functions

CTo contribute to the profitability of the organisation

DTo measure the overall performance of the organisation

Answer : D

Question 2

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

Question 3

Which of the following factors is most likely to be used as a measure of performance in vendor rating?

AAppraisal cost

BDelivery statistics

CFinancial analysis

DSTC ratio

Answer : A

Question 4

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

AImplementation of ISO14001

BA performance measurement agreement

CA call off agreement

DA financial penalty scheme

Answer : D

Question 5

Which of the following is a recognised means of measuring obsolete stock?

ADisposal value

BCost profit volume projections

CUse of RISC controllers

DPercentage of STC unused

Answer : D

Question 6

Which of the following is an appropriate measure of customer service in a stores environment?

AAccuracy of stock-turns

BAccuracy of stock checks

CAccuracy of first time picks

DAccuracy of stock positioning

Answer : C

Question 7

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

CIPS A10 Measuring Performance in Purchasing and Supply Exam Practice Test