2023 Best CPSM Exam Preparation Material with New Dumps Questions
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NEW QUESTION # 70
Which of the following is NOT the phase of business cycle?
- A. Recession through, or lowest point in economic activity
- B. Leading & Lagging Producer price index
- C. Expansion or resuming growth path
- D. The highest point output before a downturn
Answer: B
NEW QUESTION # 71
Each forecast is weighted by a given decimal value, known as ,
which is the difference between the most recent actual demand and the forecast.
- A. Demand constant
- B. Smoothing constant
- C. Alpha constant
- D. Exponential constant
Answer: B
NEW QUESTION # 72
Postproduction inspections to ensure the quality of a good or service, and end of process activity to control quality is referred to as:
- A. Quality control
- B. Quality assurance
- C. Quality improvement
- D. Quality management
Answer: A
NEW QUESTION # 73
According to Jason Westland, author of Project management Life Cycle, a business case should NOT include which of the following?
- A. a description of the problem under consideration
- B. post-recommended solution
- C. options available to solve the problem
- D. benefits, costs, risks and feasibility for each available option
Answer: B
NEW QUESTION # 74
An appraisal process developed to measure and improve an organization's critical core capabilities is called:
- A. Capability Maturity Model
- B. Supply Management Performance
- C. Acquisition Validation Model
- D. Capability Maturity Model Integration
Answer: A
NEW QUESTION # 75
Which of the following essentially translate an organization's business plan into an operation plan?
- A. Requirement plan
- B. Staffing plan
- C. Services resources
- D. Capital investment plan
Answer: B
NEW QUESTION # 76
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
- A. Group F
- B. Group K
- C. Group E
- D. Group C
Answer: A
NEW QUESTION # 77
The process of accessing progress toward achieving predetermined goals is called:
- A. Efficiency evaluation
- B. Support center
- C. Performance measurement
- D. Professional development
Answer: C
NEW QUESTION # 78
By using which process, the financial services provider improved an established sourcing process to convey clear expectations to service providers?
- A. DMADV (define, measure, analyze, design, verify)
- B. DMMDV (develop, measure, manage, distribute, maintenance)
- C. DMAIC (define, measure, analyze, improve, control)
- D. DMATM (define, manage, analyze, test, maintenance)
Answer: C
NEW QUESTION # 79
Who
measures the
market value of final
goods
and services produced by
labor or property in the United States,
including goods that are added to or subtracted from inventories?
- A. Bureau of inventories
- B. Bureau of Economic Analysis
- C. United States Act of Condolence
- D. International Economic and Service Provider Conference
Answer: B
NEW QUESTION # 80
The purpose of is to determine whether or not an organization's financial
statements are
prepared in accordance with generally
accepted accounting principles.
- A. Principal audit
- B. Operational audit
- C. Financial audit
- D. Functional audit
Answer: C
NEW QUESTION # 81
At which level, rudimentary contract management processes exist with some informal documentation but there is no accountability for not following the standards and processes?
- A. Initial
- B. Ad hoc
- C. Structured
- D. Integrated
Answer: B
NEW QUESTION # 82
The time that elapses from placement of an order until receipt of the order is called:
- A. Follow up time
- B. Central time
- C. Lead time
- D. Control time
Answer: C
NEW QUESTION # 83
A relatively small amount of the population controlled the majority of the wealth, this is known as:
- A. Controlled analysis
- B. Pareto analysis
- C. Statistical analysis
- D. Ratio analysis
Answer: B
NEW QUESTION # 84
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 Organization
- B. Project Life cycle
- C. Project Executive
- D. Project Management
Answer: D
NEW QUESTION # 85
Which of the following is NOT the area of Sarbanes-Oxley Act?
- A. Loan prohibition
- B. Audit committees
- C. Waiting period
- D. Leadership time
Answer: D
NEW QUESTION # 86
What includes all activities that occur after a product is finished, including distribution selection, product order response and the return of goods?
- A. Core management
- B. Practical management
- C. Logistics management
- D. Operational management
Answer: C
NEW QUESTION # 87
What help supply management personnel develop an appropriate sourcing strategy for items purchased, based on profit impact and supply risk?
- A. Two-by-Two Indexing matrix
- B. Mutual commodity-based matrix
- C. Bilateral alternative matrix
- D. Two-by-Two portfolio matrix
Answer: D
NEW QUESTION # 88
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