CPSM : Certified Professional in Supply Management (CPSM) 2024 Exam

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ISM
CPSM
Certified Professional in Supply Management (CPSM)(Foundation)
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QUESTION: 113
A one-way system with incoming goods flowing to the left of the entry and into one of
three storage areas, depending on usage is the:
the
warehouse
. A Inverted T
B. Cross-flow warehouse
C. Inverted U warehouse
D. Through-flow warehouse
Answer: B
QUESTION: 114
A pick module is a type of mechanized system used to:
. A to pick both bulk items and single items
B. to pick only bulk items
C. to pick only single items
D. None of the above
Answer: A
QUESTION: 115
A valid concept of connectedness that allows an organization to maintain a high level of
system is the:
confidence in its distribution
. A Commodity warehouse
B. Allocation warehouse
C. Virtual warehouse
D. Implicit warehouse
Answer: C
QUESTION: 116
What includes all activities that occur after a product is finished, including distribution
selection, product order response and the return of goods?
A. Operational management
B. Logistics management
C. Core management
D. Practical management
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Answer: B
QUESTION: 117
Independent organizations that design and manage some or all of an organization’s
l og istical een d s are known :as
. A Third-party logistics
B. Freight forward logistics
C. Maintenance logistics
D. Global logistics
Answer: A
QUESTION: 118
Third parties who act as intermediaries between buyer and seller are known as:
. A Dealer
B. Brokers
C. Negotiator
D. Agent
Answer: B
QUESTION: 119
Who retain experts in global shipping to assist smaller organizations that do not have the
necessary experience or expertise?
. A Global trade fleet
B. Global third parties
C. Foreign freight forwarders
D. Global shipping and inspections
Answer: C
QUESTION: 120
Which of
the following is NOT the group of International Commercial Terms?
. A Group E
B. Group F
C. Group C
D. Group K 32
Answer: D
QUESTION: 121
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
. A Group E
B. Group F
C. Group C
D. Group K
Answer: B
QUESTION: 122
The supply management professional may use which mean to resolve the logical
conflicts?
. A Litigation
B. Negotiation
C. Acceptance
D. All of the above
Answer: D
QUESTION: 123
When both parties end a negotiation feeling content with what they have bargained, this
is referred to
as:
. A Procurement scheme
B. win-win proposition
C. Superior intention
D. Disputed proposal
Answer: B
QUESTION: 124
Organizations that perform freight auditing are called:
. A Traffic consultants
B. Auditing consultants 33
C. Transportation consultants
D. Service consultants
Answer: A
QUESTION: 125
Which of the following is the area of concern to logistics?
. A Inventory
B. Transportation
C. Customer service
D. All of the above
Answer: D
QUESTION: 126
A measure of velocity of total inventory movement through the organization, found by

dividing annual sales by the average aggregate inventory value maintained during the
year is
called:
. A Inventory proceeds
B. Inventory turnover
C. Inventory yield
D. Inventory return
Answer: B
QUESTION: 127
The costs of logistics services should be determined; these costs plus an added value or
markup becomes the:
. A Transfer price
B. Productivity cost
C. Operational price
D. Professional supply cost
Answer: A
QUESTION: 128
A scoreboard is simply a form of performance measurement and management that
records the ratings from a performance evaluation process.
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. A True
B. False
Answer: A




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