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ISM CPSM Bridge Sample Questions:

1. Several key statistics are used to evaluate the accuracy of a prediction using regression analysis. Which type of regression analysis descriptor BEST fits p-Value?

A) Test for the accuracy of the regression equation. It represents the significance level at which the user would reject the regression as inaccurate.
B) Compares the estimated and actual values of the Y dependent variable ranging from a value of 0 to 1.
C) Represents a decreasing index of the reliability of the calculated result. It proves the 95% confidence level.
D) Measures the standard deviation of variation of the observed value from the predictive value and determines error.

2. Before launching an online event traditional sourcing steps must occur. Which of the following is not one of the steps?

A) Generate a list of supply are profiles.
B) Develop a sourcing strategy.
C) Create a categorical file understanding the supply base.
D) Eliminate milestones

3. Goals of organizations implementing ERP include all of the following EXCEPT.

A) Improved operational efficiency
B) Better links to buyers
C) Cost savings
D) Better customer service

4. This Act prohibits payments that might benefit a foreign official personally.

A) Export Administration Act
B) Anti-boycott legislation
C) International Anti-Bribery Act
D) U.S Foreign Corrupt Practices Act

5. The Sarbanes-Oxley Act requires all of the following EXCEPT.

A) Records and controls must be documented.
B) Adherence to policies of the organization.
C) Monthly asset audit for the organization.
D) Performance of routine asset inventories.

Solutions: