The latest 630-007 practice exam
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Latest 630-007 exam dumps
Exam Number/Code: 630-007
Questions and Answers:201 Q&As
Updated: 2009-09-06
Register for Exam: Prometric/Pearson VUE
Exam Name:C.P.M. Module 3: Value Enhancement Strategies
630-007 dumps Description
Credit Toward CertificationWhen you pass Exam 630-007: C.P.M. Module 3: Value Enhancement Strategies, you complete the requirements for the following certification(s):
ISM Certified Technical Specialist: C.P.M. Module 3: Value Enhancement Strategies 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 630-007
Title : C.P.M. Module 3: Value Enhancement Strategies
1. 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
2. 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
3. Which of the following are the two basic categories of costs associated with
inventories from a management point of view?
A. Supplies and services costs.
B. Storage and incremental costs.
C. Carrying costs and acquisition costs.
D. Obsolescence and deterioration costs.
Answer: C
4. Which of the following is the FIRST step in standardization?
A. Collecting data.
B. Simplifying standards.
C. Establishing objectives.
D. Publicizing the program.
Answer: A
5. 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
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