Free Access ISM.CPSM.v2022-06-28.q44 Practice Test (Page 7)

Question 26

A professional tool that organizations use to measure, investigate and control price and cost changes within their own organizations as:

A.Custom indexing

B.Panel trading

C.None of the above

D.Supply professionalism

Question 27

What includes all activities that occur after a product is finished, including distribution selection, product order response and the return of goods?

A.Core management

B.Logistics management

C.Operational management

D.Practical management

Question 28

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

A.Performance audit, process audit and Timely audit

B.Systems audit, process audit and Product audit

C.Systems audit, Performance audit and Product audit

D.Business audit, Performance audit and Product audit

Question 29

A contract in which one party obtains use of another party's asset is called:

A.Lease

B.Charter

C.License

D.Agreement

Question 30

A progressive approach to control inventory is called:

A.Depleted control approach

B.Delays in production approach

C.Supplier-managed inventory

D.Materials inventory

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Question 26

Question 27

Question 28

Question 29

Question 30

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