Free CPSM Exam Braindumps
Certified Professional in Supply Management (CPSM) Questions 41–45 (page: 10)

Updated On: 9-Feb-2026

A physical stock checking system in which the inventory is divided into groups that are physically counted at predetermined intervals is called:

  1. Continuous inventory
  2. Cycle counting
  3. Reconciliation
  4. None of the above

Answer(s): B



The inventory reporting measures format is typically presented in which of the following way?

  1. weeks of supply
  2. average aggregate inventory
  3. inventory turnover
  4. All of the above

Answer(s): D



Which of the following is NOT the component used to calculate the inventory holding costs?

  1. Released rates
  2. Invested funds
  3. Shrinkage
  4. Obsolescence

Answer(s): A



With what an organization's inventory values are kept continuously in line with its actual inventory on hand?

  1. Services inventory control system
  2. Perpetual inventory control system
  3. Periodic inventory control system
  4. Temporary inventory control system

Answer(s): B



A term used to describe a `one piece flow' business strategy that allows an organization to establish a continuous sequencing of product, within a flow process is known as:

  1. Flow manufacturing
  2. Inventory scheduling
  3. Just-in-time scheduling
  4. Online scheduling

Answer(s): A



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