Free Access HBX.CORe.v2026-08-07.q212 Practice Test (Page 8)

Question 31

A company's accounting department implements a new system to track liabilities for capital assets. The reports developed by this system exclude some important indirect procurement data (e.g., transactions related to test equipment), as this information is tracked by another system. Which of the following is the BEST course of action for the firm to take in this situation?

A.Notify the entire organization of the issue during the next iteration of the tool

B.Estimate the total debts and assets being tracked outside the system and correct any large variances on a quarterly basis

C.Take no action, as the aggregate numbers reported to shareholders will not be severely affected

D.Notify senior management that reports from the new system may understate the company's debts and assets

Question 32

One of TUV Company's largest suppliers has been performing poorly, and the quality of its services does not meet the needs of a particular stakeholder. Which of the following is the BEST way for TUV's supply manager to evaluate how to establish service level agreements (SLAs) to improve the performance of this supplier?

A.Request that the supplier provide a set of metrics to be used in measuring performance

B.Develop measurements of supplier performance with the stakeholder, and include those measurements in an amendment to the contract

C.Notify the supplier that its level of performance is not acceptable, and renegotiate contract pricing to reflect the supplier's performance

D.Notify the supplier of the performance issues, and terminate the contract if the supplier does not correct performance within thirty days

Question 33

A buyer for ABC, Inc. meets with a sales representative from XYZ Company to discuss the purchase of a product. The sales representative provides documentation to the buyer that the product will meet or exceed the specifications required by ABC. Based on thi information, the buyer places an order with XYZ.
However, upon inspection of the received product, the buyer learns that it does not meet ABC's specifications and cannot be used for the intended purpose. Which of the following is TRUE in this situation?

A.ABC should sell the product to a third party and use the funds to procure items that meet the required specifications.

B.ABC should return the goods for a full refund because the promise made by the seller created an express warranty.

C.ABC can do nothing, as the salesperson's claim was an opinion and did not create a warranty.

D.ABC's design team should change the specifications to allow the product to be used and avoid further delay.

Question 34

A supply manager submits requests for additional personnel and equipment, which are approved. However, the organization's training budget is cut, giving less opportunity to train new employees. The supply manager is concerned that this will adversely affect the department's ability to build expertise. Given this situation, which of the following is the MOST effective action for the supply manager to take?

A.Present justification showing how training supports cost reduction goals

B.Fill fewer positions than approved and re-direct savings to training

C.Seek highly-qualified applicants who will require less training

D.Utilize available training funds early in the year to gain maximum impact

Question 35

The ability to explain how and why decisions are made in support of business plans is important because it allows a supply manager to

A.align goals to supply management's mission

B.influence internal stakeholders

C.reduce the amount of needed input from key stakeholders

D.prevent supply chain disruptions

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Question 31

Question 32

Question 33

Question 34

Question 35

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