ISM Foundation of Supply Management CPSM1 CPM Exam Practice Test

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Total 130 questions
Question 1

The demand forecast for all products and services then is used to create a_____________, which breaks down all labor and material requirements, usually byquarter.



Answer : A


Question 2

Which of the following is NOT the type of statement of work (SOW)?



Answer : B


Question 3

At which level, rudimentary contract management processes exist with some informaldocumentation but there is no accountability for not following the standards andprocesses?



Answer : B


Question 4

What is expressed in a way that indicates price changes over time?



Answer : A


Question 5

The adaptation which responds to the needs of the organization by using acombination of functional, matrix and projectized structures is known as:



Answer : A


Question 6

An appraisal process developed to measure and improve an organization's critical corecapabilities is called:



Answer : A


Question 7

Any material, component or product that is held for use at a later time is known as:



Answer : B


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Total 130 questions