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ISM CPSMB Exam Syllabus Topics:

SectionObjectives
Topic 1: CPSM Bridge Exam Content Areas- Leadership and Business Acumen
  • 1. Financial and risk management basics
    • 2. Ethics and compliance in supply management
      - Supply Management Core Principles
      • 1. Strategic sourcing and category management
        • 2. Supplier relationship management
          - Supply Chain Management and Operations
          • 1. Logistics and distribution fundamentals
            • 2. Demand and inventory management concepts

              ISM CPSM Bridge Sample Questions:

              Costs that change proportionately with the volume of production of goods or services are commonly known as?

              • A. Variable costs associated with production.
              • B. Normalized costs associated with production.
              • C. Anticipated costs associated with production.
              • D. Flexible costs associated with production.
              Reveal Solution  Discussion  0

              Correct Answer: A  🗳️

              Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

              Under fixed costs the cost decreases as a cost per unit when output levels?

              • A. Decrease in number
              • B. Fluctuate in number
              • C. Increase in number
              • D. Stabilize in number
              Reveal Solution  Discussion  0

              Correct Answer: C  🗳️

              Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

              The supply management professional acquires a new solenoid for a motor. The old solenoid is recycled and appears to meet the same need for the customer. This is an example of WHAT?

              • A. The redesign process of the supply management professional.
              • B. The substitution process of the supply management professional.
              • C. The resupply process of the supply management professional.
              • D. The validation process of the supply management professional.
              Reveal Solution  Discussion  0

              Correct Answer: D  🗳️

              Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

              Which of the following examples is the BEST example of a before the fact control?

              • A. Forecasting the annual budget for the upcoming year.
              • B. Reviewing an audit.
              • C. Performing an annual inventory.
              • D. Ordering 500 gallons of oil.
              Reveal Solution  Discussion  0

              Correct Answer: A  🗳️

              Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

              The activities of an organization can be divided into three groups. Ancillary activities can BEST be defined as?

              • A. Activities required to operate but are sufficiently generic across most organizations
              • B. Activities which determine need
              • C. The source of an organizations differentiation in the marketplace
              • D. Activities that are necessary to realize an organizations value add
              Reveal Solution  Discussion  0

              Correct Answer: A  🗳️

              Explanation: Only visible for PremiumVCEDump members. You can sign-up / login (it's free).

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