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ISM CPSMB Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Supply Management Core Knowledge | - Category management principles - Supply chain integration and operations - Procurement and sourcing fundamentals |
| Topic 2: Compliance and Performance Management | - Continuous improvement practices - Ethics and compliance in procurement - Supplier performance measurement |
| Topic 3: Leadership and Business Acumen | - Leadership in supply management - Risk management and decision-making - Financial and business analysis |
| Topic 4: Sourcing and Category Strategy | - Contracting and negotiation strategies - Strategic sourcing processes - Supplier evaluation and selection |
ISM CPSM Bridge Sample Questions:
The typical overcharge uncovered in freight bill auditing is between ____ and _____ percent annually.
- A. 10,15
- B. 3,5
- C. 25
- D. 7,10
Correct Answer: B 🗳️
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Which best practice would the supply management professional use in order to analyze data for the purpose of helping users make better business decisions?
- A. Reengineering
- B. Benchmarking
- C. Competitive intelligence
- D. Business intelligence
Correct Answer: D 🗳️
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An export control document used to track and identify goods shipped to other countries is the?
- A. Consular invoice export document.
- B. Certificate of origin and owners document.
- C. Commercial invoice of exportation.
- D. Export declaration and tracking control.
Correct Answer: A 🗳️
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All of the following are forms of measurement method potential distortions EXCEPT?
- A. Source of data measurements
- B. Subjectivity of end user
- C. Validity of data as collected
- D. Internal training of the organization
Correct Answer: A 🗳️
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To be assured that proper mechanisms are in place to reduce the likelihood that issues in the supply management process will result in understated or overstated liabilities in the organizations financial statements all of the following except which question should be asked?
- A. Does the management team adequately understand the supply management system in its controls?
- B. Are adequate employees available for audit purposes?
- C. Is the purchasing authority implicit?
- D. What mechanisms are in place to periodically evaluate the efficiency of the supply management system?
Correct Answer: B 🗳️
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