Updated: Aug 26, 2026
No. of Questions: 565 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Supply Management Integration | 35% | - Logistics & Materials Management - Supply Chain Strategy - Project Management - Demand & Forecasting Planning - Product & Service Development - Quality Management |
| Topic 2: Supply Management Core | 35% | - Negotiation - Financial Analysis - Supplier Relationship Management - Cost & Price Analysis - Sourcing - Legal & Contractual Aspects - Category Management |
| Topic 3: Leadership and Transformation | 30% | - Organizational Leadership - Risk & Compliance - Technology & Systems - Stakeholder Engagement - Corporate Social Responsibility - Strategy Development |
Question 1
A supply manager wants to know if their policies and procedures are working. Audit purposes can be all of the following EXCEPT.
A. Are competition requirements being met?
B. Are the profit margins of competition high?
C. Is the organization using prompt payment discounts?
D. Are transportation methods used consistently?
Question 2
Analyzing supply risks may include all the following network design analysis EXCEPT.
A. Regression analysis
B. Scenario building
C. Mathematical model development
D. Sensitivity analysis
Question 3
Payment terms define the discount rate for early payment of loans and the amount of time for repayment.
Net 30 days means what?
A. Payment of the entire invoiced amount is to be made between 1 and 45 calendar days.
B. Payment of the entire invoiced amount is to be made within 30 days of the invoice date.
C. Payment of the entire invoiced amount is to be made in 31 calendar days.
D. Payment of the entire invoiced amount is to be made 30 days after receipt.
Question 4
Which of the following is MOST correct about a supply management audit times?
A. The amount of time devoted to the audit will vary.
B. The amount of time devoted to the audit will vary based on the audit scope and the size of the audit team.
C. Audit time will be dictated by the size of the audit team.
D. Audit time will be dictated by the audit scope.
Question 5
Using Ebay and local recycling facilities to dispose of excess inventory would be described as using?
A. Surplus channel method of excess inventory disposal.
B. Asset recovery channel method of excess inventory disposal.
C. Investment recovery channel method of excess inventory disposal.
D. Recycling channel method of excess inventory disposal.
Solutions:
| Question 1 Answer: B | Question 2 Answer: A | Question 3 Answer: B | Question 4 Answer: B | Question 5 Answer: C |
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