The latest 630-005 practice exam
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Latest 630-005 exam dumps
Exam Number/Code: 630-005
Questions and Answers:209 Q&As
Updated: 2009-09-16
Register for Exam: Prometric/Pearson VUE
Exam Name:C.P.M. Module 1: Purchasing Process
630-005 dumps Description
Credit Toward CertificationWhen you pass Exam 630-005: C.P.M. Module 1: Purchasing Process, you complete the requirements for the following certification(s):
ISM Certified Technical Specialist: C.P.M. Module 1: Purchasing Process Note This preparation guide is subject to change at any time without prior notice and at the sole discretion of ISM. ISM exams might include adaptive testing technology and simulation items. ISM does not identify the format in which exams are presented. Please use this preparation guide to prepare for the exam, regardless of its format.
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Exam : ISM 630-005
Title : C.P.M. Module 1: Purchasing Process
1. In which of the following countries outside of the United States do U.S. patentees enjoy protection against infringement?
A. In countries that have full diplomatic relations with the United States.
B. In countries that are signatories to patent conventions only.
C. In European Union member counties only.
D. In GATT member countries only.
E. None of the above.
Answer: B
2. TestInside.com has a 10% profit margin before taxes and spends 50% of its sales dollar on materials. What percentage reduction in material costs for TestInside.com to achieve an increase of 5% in sales?
A. 1%
B. 2.5%
C. 5%
D. 7.5%
E. 10%
Answer: A
3. Which of the following is the MOST important aspect of service contract administration?
A. Aggressive management of the contract.
B. Selection of the right source.
C. A fair and reasonable price.
D. A sound statement of work.
Answer: D
4. Which of the following statements regarding the process of reviewing supplier samples and/or demonstrations with user departments and functional departments such as quality, engineering, research, and administration, are FALSE?
A. It increases the amount of time involved in making a buying decision.
B. It is an example of purchasing’s role as a service function within the organization.
C. It reduces purchased prices by allowing purchasing to make the final buying decision.
D. It leads to improved quality because the supplier will have a better understanding of user requirements.
Answer: C
5. TestInside.com has a contract with Road Haulers, Ltd. to dispose of toxic material at a site in New Orleans. However, Road Haulers, Ltd. decides to use a site in Dallasinstead. The site at Dallas is a cheaper but disreputable source. Who has primary liability in this situation?
A. TestInside.com.
B. Road Haulers, Ltd.
C. The site at New Orleans.
D. The site at Dallas.
Answer: A
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