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ISM CPSM Bridge Sample Questions:

1. This Act requires off balance sheet transactions and obligations to be listed and provides for reform of public company accounting referred to as?

A) Terry-Onibues Act
B) Warlick-Aniston Act
C) Sarbanes-Oxley Act
D) Dire-McGilliam Act

2. The retail event collaboration process by the Voluntary Inter-industry Commerce Solutions Association has four distinct phases of analysis, execution, strategy and planning and?

A) Supply optimization
B) Demand and supply management
C) Process application
D) Process redesign

3. Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which act would require her suppliers engaged in interstate commerce to sell an item to all customers at the same price?

A) The Clayton Act
B) The Robinson- Patman Act
C) The Sherman Antitrust Act
D) The Federal Trade Commission Act

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 exploring immediate problems and their effects on second and third tier events which step of risk planning are they performing?

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

5. The supply management professional is responsible for developing disposition plans for excess inventory.
The systematic organizational effort to manage surplus equipment and materials in a manner that recoups as much as possible of the original capital expended as defined in the ISM glossary is?

A) Capital recovery disposition plans for excess inventory.
B) Asset recovery disposition plans for excess inventory.
C) Investment recovery disposition plan for excess inventory.
D) Cost recovery disposition plans for excess inventory.

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