Le plus récent matériel de formation ISM 630-005 CPSM 630-007

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Code d'Examen: 630-005
Nom d'Examen: ISM (C.P.M. Module 1: Purchasing Process)
Questions et réponses: 209 Q&As

Code d'Examen: CPSM
Nom d'Examen: ISM (Certified Professional in Supply Management (CPSM))
Questions et réponses: 128 Q&As

Code d'Examen: 630-007
Nom d'Examen: ISM (C.P.M. Module 3: Value Enhancement Strategies)
Questions et réponses: 285 Q&As

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NO.1 You work as a purchaser at XXXX.com. You received two bids for the supply of materials. A third
supplier calls before the due date and requests an extension of time. What should you do?
A. Refuse to grant the extension for any reason.
B. Grant the extension if the supplier can prove that it is a small and disadvantaged supplier.
C. Grant the extension if the reasons are justifiable, and inform all other suppliers of the extension.
D. Grant the extension, because the purchaser should have at least 3 bids in order to have true
competition.
Answer: C

ISM examen   630-005   630-005

NO.2 What is the MAIN purpose of the term "or equal" when a requisition uses a brand name as the
specification?
A. To allow for better quality.
B. To find possible alternatives.
C. To allow for the product to be made in-house.
D. To allow engineering to redefine the specifications.
Answer: C

ISM examen   certification 630-005   630-005   630-005 examen   certification 630-005

NO.3 Which of the following would be LEAST appropriate when sourcing a part presently made in-house?
A. Soliciting manufacturing's approval to ensure future cooperation.
B. Developing a good understanding of present true internal costs.
C. Obtaining accurate specifications for the item to be purchased.
D. Developing a list of potential sources from which to solicit.
Answer: A

ISM examen   certification 630-005   certification 630-005   certification 630-005

NO.4 Which of the following are NOT accepted methods of payment for goods procured internationally?
A. Payment upon receipt of documented evidence of shipment.
B. Payment after receipt and inspection.
C. Letters of credit.
D. C.O.D.
Answer: D

ISM   630-005 examen   630-005   certification 630-005   certification 630-005

NO.5 Which of the following statements are TRUE? (Choose all that apply.)
A. The prices of products produced by suppliers that produce single products tend to be lower.
B. The quality of a product that is produced by suppliers that produce single products tends to be higher.
C. Suppliers that produce single products tend to be more stable financially.
D. The delivery suppliers that produce single products tends to be faster.
Answer: A, B, D

ISM   630-005   certification 630-005   certification 630-005   630-005 examen   630-005 examen

NO.6 Which of the following is LEAST likely to result from a supplier dealing directly with several user
departments within XXXX.com?
A. Confusion and uncertainty.
B. Lower total acquisition costs.
C. Bureaucratic problems for purchasing.
D. Increased supplier knowledge about the organization.
Answer: B

certification ISM   630-005 examen   630-005   630-005 examen

NO.7 Which of the following would provide the MOST valuable insights into a supplier's ability to perform?
A. Site visits.
B. Annual reports.
C. Trade literature.
D. Sales representatives.
Answer: A

ISM examen   certification 630-005   certification 630-005   630-005   630-005 examen

NO.8 XXXX.com has a 10% profit margin before taxes and spends 50% of its sales dollar on materials. What
percentage reduction in material costs for XXXX.com to achieve an increase of 5% in sales?
A. 1%
B. 2.5%
C. 5%
D. 7.5%
E. 10%
Answer: A

ISM examen   630-005   630-005 examen

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Code d'Examen: CPSM
Nom d'Examen: ISM (Certified Professional in Supply Management (CPSM))
Questions et réponses: 128 Q&As

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CPSM Démo gratuit à télécharger: http://www.pass4test.fr/CPSM.html

NO.1 A temporary endeavor undertaken to create a unique product or service is called:
A. Project
B. Build
C. Enterprise
D. Development
Answer: A

ISM   CPSM   CPSM   CPSM   CPSM

NO.2 The process of coordinating the organization, planning, scheduling, controlling, monitoring
and evaluating of activities so that the objectives of a project are met is known as:
A. Project Life cycle
B. Project Executive
C. Project Management
D. Project Organization
Answer: C

ISM examen   CPSM   CPSM   certification CPSM   CPSM   certification CPSM

NO.3 According to Project Management Institute, which of the following is NOT the process group
of project?
Initiating
B. Organizing
C. Executing
D. Closing
Answer: B

certification ISM   CPSM examen   CPSM examen   certification CPSM

NO.4 Organizations less familiar with the discipline of project management usually begin by creating
task forces or committees within each role to tackle problem, known as:
A. Procurement Management
B. Functional structure
C. Procedural structure
D. Performance Management
Answer: B

ISM   CPSM   CPSM examen   certification CPSM   CPSM

NO.5 Contract statement of work is the output of which process group?
A. Planning
B. Organizing
C. Monitoring
D. Closing
Answer: A

ISM   CPSM   CPSM   CPSM   CPSM   CPSM

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Les meilleures ISM 630-007 examen pratique questions et réponses

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Code d'Examen: 630-007
Nom d'Examen: ISM (C.P.M. Module 3: Value Enhancement Strategies)
Questions et réponses: 285 Q&As

Pour l'instant, vous pouvez télécharger le démo gratuit de Q&A ISM 630-007 dans Pass4Test pour se former avant le test ISM 630-007.

630-007 Démo gratuit à télécharger: http://www.pass4test.fr/630-007.html

NO.1 Which of the following are the two basic categories of costs associated with
inventories from a management point of view?
A. Supplies and services costs.
B. Storage and incremental costs.
C. Carrying costs and acquisition costs.
D. Obsolescence and deterioration costs.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.2 Which of the following represents the MOST common reason for a public or
nonprofit corporation to use lease/purchase agreements to obtain equipment?
A. To gain tax advantages.
B. To avoid capital expenditures.
C. To reduce maintenance needs.
D. To gain depreciation advantages.
Answer. B

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.3 Which of the following criteria would a project or process targeted for improvement
generally NOT meet?
A. It is in the process of change.
B. It is relevant to a key product or service issue.
C. It is within the control or influence of the team.
D. It is likely to contribute to organizational goals.
Answer. A

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.4 Which of the following can be used to spot abnormalities in a process, as well as
compare actual measurements to customer or engineering specifications, and show
if a distribution is centered at an expected place?
A. Pareto charts.
B. Area graphs.
C. Histograms.
D. Pie graphs.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.5 Which of the following represents the MAIN reason why a fully documented
permanent summary record of a "make-or-buy" analysis should be maintained?
A. To respond to charges of favoritism by unsuccessful bidders.
B. To serve as a useful source of information in future situations.
C. To support cost-of-goods-sold (CGS) figures for tax purposes.
D. To justify the participation of all departments that were involved in the analysis.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.6 Which of the following BEST describes the difference between evaluation of a
product and value analysis?
A. Value analysis is more concerned with "make-or-buy" issues.
B. Evaluation of a product is more concerned with cost issues.
C. Value analysis focuses more on economy and efficiency.
D. Value analysis is more concerned with product liability.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.7 Which of the following should generally make a "make-or-buy" decision?
A. Engineering Management.
B. Purchasing Management.
C. Production Management.
D. General Management.
Answer. D

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.8 When would a purchasing manager generally use a third-party lease as a financing
instrument?
A. When purchasing equipment from the manufacturer with someone else's money.
B. When acquiring equipment from one party and maintenance from another.
C. When arranging an assignment agreement with a bank.
D. When transferring the asset to the internal customer.
Answer. A

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.9 Which of the following should a purchaser utilize when there is a need to minimize
financial risk in a sensitive market?
A. Cash flow management.
B. Long-term relationships.
C. Market demand analysis.
D. Hedging using futures contracts.
Answer. D

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.10 Which of the following represents the BEST strategy for minimizing price risk in a
falling market?
A. Hedging.
B. Forward buying.
C. Hand-to-mouth buying.
D. Buying to requirements.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.11 Which of the following statements is FALSE?
A. An operational lease has a non-cancelable term varying from hours to years.
B. An operational lease is a total financial commitment by the lessor.
C. In operational leases, payments are fixed payments per period.
D. Operational leases stress service.
Answer. B

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.12 What is generally the PRIMARY motivation for outsourcing in the health care
sector?
A. To reduce technological risk.
B. To shift patient liability.
C. To reduce labor costs.
D. To implement JIT.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.13 When is the timing of purchases MOST important?
A. When a market has price and supply stability.
B. When a market has price and supply instability.
C. When a market has unstable supply with predictable prices.
D. When a market has reasonably stable supply with substantial fluctuation in prices.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.14 Which of the following is the FIRST step in standardization?
A. Collecting data.
B. Simplifying standards.
C. Establishing objectives.
D. Publicizing the program.
Answer. A

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.15 KillTest has been experiencing numerous stockouts on a production item.
Which of the following is LEAST likely to cause this problem?
A. Faulty sales forecasts.
B. Incorrect order points.
C. Increased supplier prices.
D. Problems with incoming shipments.
Answer. C

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.16 Which of the following do NOT provide economic forecasts?
A. ISM Report On Business(r).
B. Bureau of Labor Statistics.
C. Department of Commerce.
D. Thomas Register.
Answer. D

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.17 You work as a purchaser at KillTest. You are negotiating a contract for which
production and delivery will be stretched out over a 24-month period. You want to
get the best price. Which of the following should you include in the contract?
A. A provision to accept all material produced under the contract.
B. A provision to cover changes in rates for material and labor.
C. A provision to eliminate penalties for late deliveries.
D. A provision to cover unforeseen production delays.
Answer. B

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.18 Which of the following favors making the part in a "make-or-buy" decision?
A. When design secrecy is required.
B. When volume requirements are small.
C. When production facilities are limited.
D. When there is a desire to maintain a multiple-source policy.
Answer. A

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.19 Which of the following is NOT an appropriate consideration when seeking to
mitigate seasonal capacity issues?
A. Safety stock levels.
B. Transportation costs.
C. Forecasting accuracy.
D. Seasonal sales forecasts.
Answer. B

ISM examen   630-007 examen   630-007 examen   certification 630-007

NO.20 Which of the following is the MOST commonly sought-after piece of inventory
information?
A. The date the inventory is taken.
B. The current price of the items.
C. Inventory I.D. numbers.
D. Quantities.
Answer. D

ISM examen   630-007 examen   630-007 examen   certification 630-007

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Meilleur ISM 630-007 test formation guide

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Code d'Examen: 630-007

Nom d'Examen: ISM (C.P.M. Module 3: Value Enhancement Strategies)

Questions et réponses: 285 Q&As

630-007 Démo gratuit à télécharger: http://www.pass4test.fr/630-007.html

NO.1 Which of the following BEST describes the difference between evaluation of a
product and value analysis?
A. Value analysis is more concerned with "make-or-buy" issues.
B. Evaluation of a product is more concerned with cost issues.
C. Value analysis focuses more on economy and efficiency.
D. Value analysis is more concerned with product liability.
Answer. C

certification ISM   certification 630-007   630-007

NO.2 Which of the following represents the MAIN reason why a fully documented
permanent summary record of a "make-or-buy" analysis should be maintained?
A. To respond to charges of favoritism by unsuccessful bidders.
B. To serve as a useful source of information in future situations.
C. To support cost-of-goods-sold (CGS) figures for tax purposes.
D. To justify the participation of all departments that were involved in the analysis.
Answer. C

certification ISM   certification 630-007   630-007

NO.3 Which of the following favors making the part in a "make-or-buy" decision?
A. When design secrecy is required.
B. When volume requirements are small.
C. When production facilities are limited.
D. When there is a desire to maintain a multiple-source policy.
Answer. A

certification ISM   certification 630-007   630-007

NO.4 Which of the following can be used to spot abnormalities in a process, as well as
compare actual measurements to customer or engineering specifications, and show
if a distribution is centered at an expected place?
A. Pareto charts.
B. Area graphs.
C. Histograms.
D. Pie graphs.
Answer. C

certification ISM   certification 630-007   630-007

NO.5 What is generally the PRIMARY motivation for outsourcing in the health care
sector?
A. To reduce technological risk.
B. To shift patient liability.
C. To reduce labor costs.
D. To implement JIT.
Answer. C

certification ISM   certification 630-007   630-007

NO.6 Which of the following should generally make a "make-or-buy" decision?
A. Engineering Management.
B. Purchasing Management.
C. Production Management.
D. General Management.
Answer. D

certification ISM   certification 630-007   630-007

NO.7 Which of the following criteria would a project or process targeted for improvement
generally NOT meet?
A. It is in the process of change.
B. It is relevant to a key product or service issue.
C. It is within the control or influence of the team.
D. It is likely to contribute to organizational goals.
Answer. A

certification ISM   certification 630-007   630-007

NO.8 Which of the following are the two basic categories of costs associated with
inventories from a management point of view?
A. Supplies and services costs.
B. Storage and incremental costs.
C. Carrying costs and acquisition costs.
D. Obsolescence and deterioration costs.
Answer. C

certification ISM   certification 630-007   630-007

NO.9 Which of the following should a purchaser utilize when there is a need to minimize
financial risk in a sensitive market?
A. Cash flow management.
B. Long-term relationships.
C. Market demand analysis.
D. Hedging using futures contracts.
Answer. D

certification ISM   certification 630-007   630-007

NO.10 Which of the following is NOT an appropriate consideration when seeking to
mitigate seasonal capacity issues?
A. Safety stock levels.
B. Transportation costs.
C. Forecasting accuracy.
D. Seasonal sales forecasts.
Answer. B

certification ISM   certification 630-007   630-007

NO.11 Which of the following statements is FALSE?
A. An operational lease has a non-cancelable term varying from hours to years.
B. An operational lease is a total financial commitment by the lessor.
C. In operational leases, payments are fixed payments per period.
D. Operational leases stress service.
Answer. B

certification ISM   certification 630-007   630-007

NO.12 Which of the following represents the BEST strategy for minimizing price risk in a
falling market?
A. Hedging.
B. Forward buying.
C. Hand-to-mouth buying.
D. Buying to requirements.
Answer. C

certification ISM   certification 630-007   630-007

NO.13 Which of the following is the FIRST step in standardization?
A. Collecting data.
B. Simplifying standards.
C. Establishing objectives.
D. Publicizing the program.
Answer. A

certification ISM   certification 630-007   630-007

NO.14 When would a purchasing manager generally use a third-party lease as a financing
instrument?
A. When purchasing equipment from the manufacturer with someone else's money.
B. When acquiring equipment from one party and maintenance from another.
C. When arranging an assignment agreement with a bank.
D. When transferring the asset to the internal customer.
Answer. A

certification ISM   certification 630-007   630-007

NO.15 You work as a purchaser at KillTest. You are negotiating a contract for which
production and delivery will be stretched out over a 24-month period. You want to
get the best price. Which of the following should you include in the contract?
A. A provision to accept all material produced under the contract.
B. A provision to cover changes in rates for material and labor.
C. A provision to eliminate penalties for late deliveries.
D. A provision to cover unforeseen production delays.
Answer. B

certification ISM   certification 630-007   630-007

NO.16 Which of the following represents the MOST common reason for a public or
nonprofit corporation to use lease/purchase agreements to obtain equipment?
A. To gain tax advantages.
B. To avoid capital expenditures.
C. To reduce maintenance needs.
D. To gain depreciation advantages.
Answer. B

certification ISM   certification 630-007   630-007

NO.17 Which of the following do NOT provide economic forecasts?
A. ISM Report On Business(r).
B. Bureau of Labor Statistics.
C. Department of Commerce.
D. Thomas Register.
Answer. D

certification ISM   certification 630-007   630-007

NO.18 KillTest has been experiencing numerous stockouts on a production item.
Which of the following is LEAST likely to cause this problem?
A. Faulty sales forecasts.
B. Incorrect order points.
C. Increased supplier prices.
D. Problems with incoming shipments.
Answer. C

certification ISM   certification 630-007   630-007

NO.19 Which of the following is the MOST commonly sought-after piece of inventory
information?
A. The date the inventory is taken.
B. The current price of the items.
C. Inventory I.D. numbers.
D. Quantities.
Answer. D

certification ISM   certification 630-007   630-007

NO.20 When is the timing of purchases MOST important?
A. When a market has price and supply stability.
B. When a market has price and supply instability.
C. When a market has unstable supply with predictable prices.
D. When a market has reasonably stable supply with substantial fluctuation in prices.
Answer. C

certification ISM   certification 630-007   630-007

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Code d'Examen: 630-007

Nom d'Examen: ISM (C.P.M. Module 3: Value Enhancement Strategies)

Questions et réponses: 285 Q&As

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NO.1 Which of the following is the MOST commonly sought-after piece of inventory
information?
A. The date the inventory is taken.
B. The current price of the items.
C. Inventory I.D. numbers.
D. Quantities.
Answer. D

ISM   630-007   certification 630-007   630-007

NO.2 Which of the following represents the MOST common reason for a public or
nonprofit corporation to use lease/purchase agreements to obtain equipment?
A. To gain tax advantages.
B. To avoid capital expenditures.
C. To reduce maintenance needs.
D. To gain depreciation advantages.
Answer. B

ISM   630-007   certification 630-007   630-007

NO.3 What is generally the PRIMARY motivation for outsourcing in the health care
sector?
A. To reduce technological risk.
B. To shift patient liability.
C. To reduce labor costs.
D. To implement JIT.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.4 Which of the following statements is FALSE?
A. An operational lease has a non-cancelable term varying from hours to years.
B. An operational lease is a total financial commitment by the lessor.
C. In operational leases, payments are fixed payments per period.
D. Operational leases stress service.
Answer. B

ISM   630-007   certification 630-007   630-007

NO.5 Which of the following are the two basic categories of costs associated with
inventories from a management point of view?
A. Supplies and services costs.
B. Storage and incremental costs.
C. Carrying costs and acquisition costs.
D. Obsolescence and deterioration costs.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.6 Which of the following can be used to spot abnormalities in a process, as well as
compare actual measurements to customer or engineering specifications, and show
if a distribution is centered at an expected place?
A. Pareto charts.
B. Area graphs.
C. Histograms.
D. Pie graphs.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.7 When is the timing of purchases MOST important?
A. When a market has price and supply stability.
B. When a market has price and supply instability.
C. When a market has unstable supply with predictable prices.
D. When a market has reasonably stable supply with substantial fluctuation in prices.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.8 Which of the following should generally make a "make-or-buy" decision?
A. Engineering Management.
B. Purchasing Management.
C. Production Management.
D. General Management.
Answer. D

ISM   630-007   certification 630-007   630-007

NO.9 Which of the following represents the MAIN reason why a fully documented
permanent summary record of a "make-or-buy" analysis should be maintained?
A. To respond to charges of favoritism by unsuccessful bidders.
B. To serve as a useful source of information in future situations.
C. To support cost-of-goods-sold (CGS) figures for tax purposes.
D. To justify the participation of all departments that were involved in the analysis.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.10 Which of the following represents the BEST strategy for minimizing price risk in a
falling market?
A. Hedging.
B. Forward buying.
C. Hand-to-mouth buying.
D. Buying to requirements.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.11 Which of the following BEST describes the difference between evaluation of a
product and value analysis?
A. Value analysis is more concerned with "make-or-buy" issues.
B. Evaluation of a product is more concerned with cost issues.
C. Value analysis focuses more on economy and efficiency.
D. Value analysis is more concerned with product liability.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.12 Which of the following is the FIRST step in standardization?
A. Collecting data.
B. Simplifying standards.
C. Establishing objectives.
D. Publicizing the program.
Answer. A

ISM   630-007   certification 630-007   630-007

NO.13 Which of the following should a purchaser utilize when there is a need to minimize
financial risk in a sensitive market?
A. Cash flow management.
B. Long-term relationships.
C. Market demand analysis.
D. Hedging using futures contracts.
Answer. D

ISM   630-007   certification 630-007   630-007

NO.14 You work as a purchaser at KillTest. You are negotiating a contract for which
production and delivery will be stretched out over a 24-month period. You want to
get the best price. Which of the following should you include in the contract?
A. A provision to accept all material produced under the contract.
B. A provision to cover changes in rates for material and labor.
C. A provision to eliminate penalties for late deliveries.
D. A provision to cover unforeseen production delays.
Answer. B

ISM   630-007   certification 630-007   630-007

NO.15 Which of the following criteria would a project or process targeted for improvement
generally NOT meet?
A. It is in the process of change.
B. It is relevant to a key product or service issue.
C. It is within the control or influence of the team.
D. It is likely to contribute to organizational goals.
Answer. A

ISM   630-007   certification 630-007   630-007

NO.16 Which of the following do NOT provide economic forecasts?
A. ISM Report On Business(r).
B. Bureau of Labor Statistics.
C. Department of Commerce.
D. Thomas Register.
Answer. D

ISM   630-007   certification 630-007   630-007

NO.17 When would a purchasing manager generally use a third-party lease as a financing
instrument?
A. When purchasing equipment from the manufacturer with someone else's money.
B. When acquiring equipment from one party and maintenance from another.
C. When arranging an assignment agreement with a bank.
D. When transferring the asset to the internal customer.
Answer. A

ISM   630-007   certification 630-007   630-007

NO.18 Which of the following favors making the part in a "make-or-buy" decision?
A. When design secrecy is required.
B. When volume requirements are small.
C. When production facilities are limited.
D. When there is a desire to maintain a multiple-source policy.
Answer. A

ISM   630-007   certification 630-007   630-007

NO.19 KillTest has been experiencing numerous stockouts on a production item.
Which of the following is LEAST likely to cause this problem?
A. Faulty sales forecasts.
B. Incorrect order points.
C. Increased supplier prices.
D. Problems with incoming shipments.
Answer. C

ISM   630-007   certification 630-007   630-007

NO.20 Which of the following is NOT an appropriate consideration when seeking to
mitigate seasonal capacity issues?
A. Safety stock levels.
B. Transportation costs.
C. Forecasting accuracy.
D. Seasonal sales forecasts.
Answer. B

ISM   630-007   certification 630-007   630-007

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