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CPSMB PDF DEMO:

QUESTION NO: 1
Timing and communication are very important in the implementation phase or rollout plan.
Which of the following defines what should be performed on the timeline based on attributes of the spend category?
A. Milestones
B. Primary person responsible (PPR)
C. Resource requirements
D. Key tasks
Answer: D
Explanation: Timing and communication are very important in the implementation phase or rollout plan.
Key tasks defines what should be performed on the timeline based on attributes of the spend category.
Milestones describes the pace of the initiative allowing for proper scheduling of management interviews and supplier meetings. Resource requirements describes functions with engineering, marketing, or finance to develop a sense of ownership in the process in developing a resource plan.
Primary person responsible (PPR) describes groups or individuals who have the responsibility for ensuring that the work is completed in accordance with the implementation plan.

QUESTION NO: 2
Financial plans that spell out intended actions and the funding levels required for their completion are referred to as?
A. Allotments
B. Allowance
C. Funding
D. Budgets
Answer: D
Explanation: Financial plans that spell out intended actions and the funding levels required for their completion are referred to as budgets. Allotments, allowance, and funding are incorrect.

QUESTION NO: 3
An important issue the supply management professional should discuss during the opening meeting is?
Choose the BEST response.
A. Performance objectives of your organization.
B. Locations to visit at the organization during the audit.
C. Cost of deliveries and logistics for the organization.
D. Duration of the visit for the auditors.
Answer: A
Explanation: An important issue the supply management professional should discuss during the opening meeting is the performance objectives of your organization. The remaining answers would not be discussed or are not the best fit: Duration of the visit, Locations to visit at the organization during the audit, and Cost of delivery and logistics for the organization.

QUESTION NO: 4
Michelle Uttley works as the supply management professional for Duncan Dairy Farms which form of transportation is the fastest and most expensive method?
A. Air transportation
B. Pipeline
C. Gasline
D. Water shipping
Answer: A
Explanation: Air transportation is the fastest and most expensive method of transportation. Pipeline,
Gas, and Water shipping are not the fastest and most expensive method of transportation.

QUESTION NO: 5
Which of the following is NOT an asset requirement determinant of an organization?
A. Value added asset requirement.
B. Business strategy asset requirement.
C. Weather patterns during operations asset requirement.
D. Customer satisfaction asset requirement.
Answer: C
Explanation: Which of the following is not an asset requirement determinant of an organization - weather patterns. Business strategy. Customer satisfaction, and Value are an asset requirement determinant of an organization.

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Updated: May 28, 2022