Free CPIM-SMR Exam Braindumps (page: 23)

Page 23 of 60

A typical objective of becoming a world class organization is what?

  1. Business Strategy
  2. Strategic Planning Model
  3. Corporate Strategy
  4. Mission Statement

Answer(s): D

Explanation:

A typical objective of becoming a world class organization is usually included in a mission statement. Other common objectives in mission statements are to be a leader in a particular field and to be highly profitable.



Which of the following BEST describes the weakness of management accounting reports as performance measures?

  1. Not filexible to fit specific department's environments
  2. Not directly related to quality, customer service, reliability, or filexibility
  3. Measure of return on investment can be misleading
  4. Reports are too late for management to take action

Answer(s): B

Explanation:

The biggest weakness of management accounting reports as performance measures is that they are not directly related to issues such as quality, customer service, reliability, or filexibility.



When told to eliminate waste, what should you be looking to eliminate?

  1. Extra Process Steps that are Not Necessary
  2. Bad Product Quality
  3. anything being done that is unnecessary
  4. Paperwork Errors

Answer(s): C

Explanation:

When told to eliminate waste, you should be looking to eliminate ANYTHING that is unnecessary. This can include extra process steps, bad papenrvork, or even bad quality products.



When dealing with a partner company, which of the following are risks to a partnership?
I) Each partner want to be the senior leader
II) Difference in language
III) Different operating practices
IV. Gaining direct access to a foreign market

  1. I, III, & IV Only
  2. I, II, & IV Only
  3. II, III, & IV Only
  4. I, II, & III Only

Answer(s): D

Explanation:

When dealing with a partner company, the following are risks to a partnership
1. Each partner wants to be the senior leader
2. Difference in language
3. Different operating practices
Gaining access to a foreign market would be a benefit to a partnership, not a risk.



Page 23 of 60



Post your Comments and Discuss APICS CPIM-SMR exam with other Community members:

Arun kumar k n commented on September 11, 2023
hii i was exited to learn
Anonymous
upvote

Ha Anh commented on August 26, 2023
i need this exam please
RUSSIAN FEDERATION
upvote