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CPSM1 Online Practice Questions and Answers

Questions 4

A temporary endeavor undertaken to create a unique product or service is called:

A. Project

B. Build

C. Enterprise

D. Development

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Questions 5

The adaptation which responds to the needs of the organization by using a combination of functional, matrix and projectized structures is known as:

A. Organic structure

B. Inorganic structure

C. Crude structure

D. Natural structure

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Questions 6

According to the supply management, one of the most useful ways to develop Is to begin with an inventory report listing all items in descending order of dollar spent.

A. Top-down classification

B. Slope classification

C. Gradient classification

D. ABC classification

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Questions 7

An intermediary who brings the buyer and the seller together is the:

A. Dealer

B. their-party specialist

C. public surplus

D. Broker

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Questions 8

A tool used to develop the technical specifications necessary to meet customer requirements is called:

A. Quality function deployment

B. Quality forecast

C. Quality Matrix

D. House of Quality

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Questions 9

A standard of point of reference used in measuring or judging an organization's performance according to selected criteria is called:

A. Performance assessment

B. Benchmarking

C. Process revelation

D. None of the above

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Questions 10

A method of measuring an organization's activities in terms of its vision and strategies is the:

A. Balanced scoreboard

B. Business leaderships

C. Correlated action process

D. Hallucination process

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Questions 11

Which of the following are the three types of supplier audits?

A. Systems audit, Performance audit and Product audit

B. Performance audit, process audit and Timely audit

C. Business audit, Performance audit and Product audit

D. Systems audit, process audit and Product audit

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Questions 12

A warehouse for storing and shipping material, usually finished goods, often located apart from the manufacturing site is called:

A. Merchandise center

B. Distribution center

C. Divisional center

D. Allotment center

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Questions 13

A pick module is a type of mechanized system used to:

A. to pick both bulk items and single items

B. to pick only bulk items

C. to pick only single items

D. None of the above

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Exam Code: CPSM1
Exam Name: Foundation of Supply Management
Last Update: Aug 10, 2025
Questions: 128
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