20:00

PDF|

Guide for C.P.M. Module 1: Purchasing Process

Quiz C.P.M. Module 1: Purchasing Process

Free Test
/ 10

Quiz

1/10
Which of the following would define an organization that has various parts working well together in the development of specifications and performance criteria, thereby avoiding duplication and loss of time?
Select the answer
1 correct answer
A.
A high degree of centralization.
B.
A high degree of coordination.
C.
A high degree of integration.
D.
A high degree of induction.

Quiz

2/10
Which of the following is the LEAST important in a supplier performance rating system?
Select the answer
1 correct answer
A.
Price history.
B.
Product quality.
C.
On-time delivery.
D.
Financial stability.

Quiz

3/10
Which of the following do NOT characterize operational needs that lead to a decision to buy?
Select the answer
1 correct answer
A.
High dollar value.
B.
User prioritization.
C.
Strategic significance.
D.
Competitive advantage.

Quiz

4/10
Which of the following represents the BEST way to prevent one or more suppliers' technological innovations from being locked out of the buyer's organization as a result of reducing a supplier base?
Select the answer
1 correct answer
A.
Occasional rebidding to several suppliers.
B.
Periodic purchasing department review of the supplier base.
C.
The use of a multifunctional team that includes technical functions.
D.
Allowing user functions to maintain direct contact with supply competitors.

Quiz

5/10
Which of the following requires the purchaser to assume high inspection costs?
Select the answer
1 correct answer
A.
Method-of-manufacture specifications.
B.
Supplier grade specifications.
C.
Brand name.
D.
Trade name.

Quiz

6/10
Which of the following is LEAST likely to be a driver of purchases of standard materials that are common and in repetitive use?
Select the answer
1 correct answer
A.
Bill of material.
B.
Production plan.
C.
Commitment of funds.
D.
Internal customer order.

Quiz

7/10
Which of the following bonds are used to protect purchasers and their organizations?
Select the answer
1 correct answer
A.
Performance bonds.
B.
Municipal bonds.
C.
Corporate bonds.
D.
Bearer bonds.

Quiz

8/10
Which of the following would MOST likely be of assistance in post-award contract administration with regard to service contracts?
Select the answer
1 correct answer
A.
An audit clause.
B.
Force majeure.
C.
A warranty.
D.
Insurance.

Quiz

9/10
Which of the following is an element of the initial stage of a cost analysis?
Select the answer
1 correct answer
A.
Comparing historical costs.
B.
Obtaining a cost breakdown.
C.
Comparing previous prices.
D.
Examining financial statements.

Quiz

10/10
Which of the following is the LEAST important consideration in preparing product specifications?
Select the answer
1 correct answer
A.
Competition of concepts.
B.
Economical production.
C.
Consumer acceptance.
D.
Function.
Looking for more questions?Buy now

C.P.M. Module 1: Purchasing Process Practice test unlocks all online simulator questions

Thank you for choosing the free version of the C.P.M. Module 1: Purchasing Process practice test! Further deepen your knowledge on ISM Simulator; by unlocking the full version of our C.P.M. Module 1: Purchasing Process Simulator you will be able to take tests with over 209 constantly updated questions and easily pass your exam. 98% of people pass the exam in the first attempt after preparing with our 209 questions.

BUY NOW

What to expect from our C.P.M. Module 1: Purchasing Process practice tests and how to prepare for any exam?

The C.P.M. Module 1: Purchasing Process Simulator Practice Tests are part of the ISM Database and are the best way to prepare for any C.P.M. Module 1: Purchasing Process exam. The C.P.M. Module 1: Purchasing Process practice tests consist of 209 questions and are written by experts to help you and prepare you to pass the exam on the first attempt. The C.P.M. Module 1: Purchasing Process database includes questions from previous and other exams, which means you will be able to practice simulating past and future questions. Preparation with C.P.M. Module 1: Purchasing Process Simulator will also give you an idea of the time it will take to complete each section of the C.P.M. Module 1: Purchasing Process practice test . It is important to note that the C.P.M. Module 1: Purchasing Process Simulator does not replace the classic C.P.M. Module 1: Purchasing Process study guides; however, the Simulator provides valuable insights into what to expect and how much work needs to be done to prepare for the C.P.M. Module 1: Purchasing Process exam.

BUY NOW

C.P.M. Module 1: Purchasing Process Practice test therefore represents an excellent tool to prepare for the actual exam together with our ISM practice test . Our C.P.M. Module 1: Purchasing Process Simulator will help you assess your level of preparation and understand your strengths and weaknesses. Below you can read all the quizzes you will find in our C.P.M. Module 1: Purchasing Process Simulator and how our unique C.P.M. Module 1: Purchasing Process Database made up of real questions:

Info quiz:

  • Quiz name:C.P.M. Module 1: Purchasing Process
  • Total number of questions:209
  • Number of questions for the test:50
  • Pass score:80%

You can prepare for the C.P.M. Module 1: Purchasing Process exams with our mobile app. It is very easy to use and even works offline in case of network failure, with all the functions you need to study and practice with our C.P.M. Module 1: Purchasing Process Simulator.

Use our Mobile App, available for both Android and iOS devices, with our C.P.M. Module 1: Purchasing Process Simulator . You can use it anywhere and always remember that our mobile app is free and available on all stores.

Our Mobile App contains all C.P.M. Module 1: Purchasing Process practice tests which consist of 209 questions and also provide study material to pass the final C.P.M. Module 1: Purchasing Process exam with guaranteed success. Our C.P.M. Module 1: Purchasing Process database contain hundreds of questions and ISM Tests related to C.P.M. Module 1: Purchasing Process Exam. This way you can practice anywhere you want, even offline without the internet.

BUY NOW