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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. Costs that tend to remain constant regardless of the volume are called?

A) Consistent costs of supply organization operations.
B) Constant costs of supply organization operations.
C) Flexible costs of supply organization operations.
D) Fixed costs of supply organization operations.

2. When coordinating and monitoring the movement of equipment and assets within the organization the short term resources owned by an organization including inventory and accounts receivable is/are?

A) Intangible assets of the supply management organization.
B) Deferred costs of the supply management organization.
C) Current assets of the supply management organization.
D) Fixed assets of the supply management organization.

3. The international Commercial Terms (Incoterms) are used for?

A) Contracting used in international commerce, developed by the International Chamber of Commerce
(ICC).
B) Commercial terms used in international commerce, developed by the International Chamber of
Commerce (ICC).
C) Supplier international negotiations used in international commerce, developed by the International
Chamber of Commerce (ICC).
D) Tariff determination used in international commerce, developed by the International Chamber of
Commerce (ICC).

4. A party that arranges for export and import movement of goods for shippers and consignees is a?

A) Freight transporter for import and export.
B) Foreign freight forwarder for import and export.
C) Freight consigner for import and export.
D) Freight managing LLC for import and export.

5. There are numerous International Commercial Terms the supply management professional should be familiar with. The Incoterm FCA Free Carrier (named place) indicates what?

A) The seller places goods on the loading dock and the risk of loss is transferred to the buyer.
B) The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with the transportation.
C) The seller delivers goods which are cleared for export to the buyers designated carrier and named location.
D) The supplier quotes a price that includes the cost of goods and cost of transportation to a named destination.

Solutions: