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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. In financing, causes of interest fluctuation can be all of the following except?

A) Purchasing power in a market.
B) Lenders willingness to postpone use of money.
C) The possibility that inflation will reduce the purchasing power of funds.
D) Lenders willingness to accept risk.

2. Which of the following would not be considered a stakeholder in the execution of a supply management strategy?

A) Competitor supplier
B) Management
C) Customers
D) Employees

3. A supply management method a supply management professional may use which provides them the right to buy goods elsewhere should a supplier fail to deliver and bill them for the goods and cost of sourcing the additional supplier is called?

A) Supplier forced modification for delivery.
B) Additional sourcer clause invoking.
C) Guaranteed delivery of products.
D) Guaranteed supplier modification of delivery.

4. Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would require her organization to pay the local prevailing wage if they utilized a Federal service contract?

A) North American Free Trade Agreement (NAFTA)
B) Prompt Payment Act
C) Service Contract Act
D) General Agreement on Tariffs and Trade (GATT)

5. Which type of audit would be required as a follow up to an initial certification?

A) An Audit of generally Accepted Accounting Principles (GAAP)
B) An audit for Sarbanes Oxley (SOX)
C) An audit by the International Organization for Standardization (ISO)
D) An Audit by the Environmental Protection Agency (EPA)

Solutions: