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ISM CPSM Bridge Sample Questions:

1. The document which shows the financial state of a business at a given time in terms of assets and liabilities is called a?

A) Financial sheet related to organizational financial transactions.
B) Financial status report for organizational financial transactions.
C) Balance sheet of financial transactions.
D) Accounting balance of organizational financial transactions.

2. A good method to increase security and integrity of asset tags is to include?

A) QR code used on inventory items.
B) Parallel codes used on materials and supplies.
C) Barcodes used on inventory items.
D) Serializing materials and supplies.

3. Which of the following is not a before the fact control?

A) Determining which products to recycle.
B) Budgets and available funds.
C) Forecasts, including prediction of a future time period.
D) Plans, including market share and customer requirements.

4. In order to effectively manage risks, the supply management professional must conduct risk planning which includes confirming the current state of the organization as well as conducting impact assessments.
If the supply management professional was determining the direct and indirect costs associated with identified risks which step of risk planning are they performing?

A) The Identification phase of risk planning
B) Valuation phase of risk planning
C) The probability estimation phase of risk planning
D) The scope phase of risk planning

5. Timing and communication are very important in the implementation phase or rollout plan. Which of the following describes the pace of the initiative allowing for proper scheduling of management interviews and supplier meetings?

A) Resource requirements
B) Primary person responsible (PPR)
C) Milestones
D) Key tasks

Solutions: