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ISM CPSM Bridge Sample Questions:

1. Which of the following is NOT an asset requirement determinant of an organization?

A) Value added asset requirement.
B) Customer satisfaction asset requirement.
C) Weather patterns during operations asset requirement.
D) Business strategy asset requirement.

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

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

3. Capital equipment is equipment used by an organization that depreciates over time, is used in production potential and?

A) Costs less than a predetermined threshold value
B) Is reusable on multiple levels in the organization.
C) Costs more than a predetermined threshold value.
D) Improves efficiency for supply management operations.

4. 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

5. In benchmarking a project or process the planning stage involves 10 steps which step happens third?

A) Identify what needs to be benchmarked.
B) Determine the performance gap.
C) Identify comparative organizations.
D) Determine data collection methods and collect data.

Solutions: