Financial CPSM Exam
Certified Professional in Supply Management (CPSM) (Page 2 )

Updated On: 1-Feb-2026

A temporary endeavor undertaken to create a unique product or service is called:

  1. Project
  2. Build
  3. Enterprise
  4. Development

Answer(s): A



Employees who posses a desirable knowledge, for example in the area of contract negotiations, and are hired for their mental skills are referred to as:

  1. Skilled workers
  2. knowledge workers
  3. supply management workers
  4. decision makers

Answer(s): B



What assess performance over a set period of time, most often the preceding year, and recognize accomplishments and successes?

  1. Summative evaluations
  2. Formative evaluations
  3. Conductive evaluations
  4. Challenging evaluations

Answer(s): A



Which of the following is NOT the area of Sarbanes-Oxley Act?

  1. Audit committees
  2. Waiting period
  3. Leadership time
  4. Loan prohibition

Answer(s): C



The purpose of is to determine whether or not an organization's financial statements are prepared in accordance with generally accepted accounting principles.

  1. Operational audit
  2. Principal audit
  3. Financial audit
  4. Functional audit

Answer(s): C



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