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Exam Name: C.P.M. Module 1: Purchasing Process
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Exam Name: C.P.M. Module 3: Value Enhancement Strategies
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Exam Name: Foundation of Supply Management
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NO.1 Which of the following can be used to spot abnormalities in a process, as well as
compare actual measurements to customer or engineering specifications, and show
if a distribution is centered at an expected place?
A. Pareto charts.
B. Area graphs.
C. Histograms.
D. Pie graphs.
Answer. C
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NO.2 Which of the following represents the MOST common reason for a public or
nonprofit corporation to use lease/purchase agreements to obtain equipment?
A. To gain tax advantages.
B. To avoid capital expenditures.
C. To reduce maintenance needs.
D. To gain depreciation advantages.
Answer. B
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
NO.3 Which of the following represents the MAIN reason why a fully documented
permanent summary record of a "make-or-buy" analysis should be maintained?
A. To respond to charges of favoritism by unsuccessful bidders.
B. To serve as a useful source of information in future situations.
C. To support cost-of-goods-sold (CGS) figures for tax purposes.
D. To justify the participation of all departments that were involved in the analysis.
Answer. C
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
NO.4 Which of the following is the MOST commonly sought-after piece of inventory
information?
A. The date the inventory is taken.
B. The current price of the items.
C. Inventory I.D. numbers.
D. Quantities.
Answer. D
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NO.5 Which of the following should generally make a "make-or-buy" decision?
A. Engineering Management.
B. Purchasing Management.
C. Production Management.
D. General Management.
Answer. D
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
NO.6 Which of the following do NOT provide economic forecasts?
A. ISM Report On Business(r).
B. Bureau of Labor Statistics.
C. Department of Commerce.
D. Thomas Register.
Answer. D
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
NO.7 Which of the following statements is FALSE?
A. An operational lease has a non-cancelable term varying from hours to years.
B. An operational lease is a total financial commitment by the lessor.
C. In operational leases, payments are fixed payments per period.
D. Operational leases stress service.
Answer. B
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
NO.8 When would a purchasing manager generally use a third-party lease as a financing
instrument?
A. When purchasing equipment from the manufacturer with someone else's money.
B. When acquiring equipment from one party and maintenance from another.
C. When arranging an assignment agreement with a bank.
D. When transferring the asset to the internal customer.
Answer. A
ISM Exam Dumps 630-007 original questions 630-007 Practice Test 630-007 PDF VCE 630-007 Latest Dumps
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