ISM CPSM1 Foundation of Supply Management CPM Exam Practice Test

A measure of velocity of total inventory movement through the organization, found bydividing annual sales by the average aggregate inventory value maintained during theyear is called:

The purpose of _______________ is to determine whether or not an organization'sfinancial statements are prepared in accordance with generally accepted accountingprinciples.

What promote the use and development of small businesses including minority-ownedand women-owned organizations?

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

A method of measuring an organization's activities in terms of its vision and strategies isthe:

What is used to establish a relationship between the cost, schedule and technical aspectsof a project?

What defines work scope, sets the expectations and defines the relationship between theorganization and the service provider?