APICS APICS Certifications CSCP Questions & Answers

• Question 291:

  Activity-based costing (ABC) is an example of:

  A. generally accepted accounting principles.

  B. inventory classification system.

  C. asset cost estimate technique.

  D. cost allocation technique.

  Correct Answer: D

  Reference: https://www.investopedia.com/terms/a/abc.asp

• Question 292:

  Which of the following tools is an optimization tool for supply chain management?

  A. Capacity requirements planning (CRP)

  B. Advanced planning and scheduling (APS)

  C. Material requirements planning (MRP)

  D. Radio frequency identification (RFID)

  Correct Answer: B

• Question 293:

  Which of the following tools is appropriate to evaluate overall organizational performance?

  A. Supplier scorecard

  B. Benchmarking

  C. Balanced scorecard

  D. Cost-benefit analysis

  Correct Answer: C

• Question 294:

  Which of the following tools will facilitate greater collaboration as the supply chain matures?

  A. Supplier relationship management (SRM) to select a vendor

  B. Customer relationship management (CRM) to automate the sales force

  C. Supply chain event management (SCEM) to increase visibility of changing situations

  D. Enterprise resources planning (ERP) to forecast demand

  Correct Answer: C

• Question 295:

  A global manufacturer is implementing a remanufacturing program to improve its triple bottom line (TBL). Which dimension of TBL will the new program positively affect?

  A. Ergonomic

  B. Social

  C. Environmental

  D. Employee

  Correct Answer: C

• Question 296:

  Which of the following reasons is often why many companies fail to achieve the implementation benefits of reverse logistics?

  A. Many top managers fail to have a good grasp of the cost and benefits of returns.

  B. Often too much time passes between a product sale and a return.

  C. The quality issues surrounding returns are too difficult to assess.

  D. Transportation costs for returns are uncertain and usually higher than for sales.

  Correct Answer: A

• Question 297:

  A bicycle manufacturer wants to offer a range of bicycles that allow the customer to choose wheels, gears, brakes, frames, and saddles. Implementing which of the following approaches would be most appropriate?

  A. Standardized components

  B. Production to forecast

  C. Customer relationship management (CRM)

  D. Mass customization

  Correct Answer: D

• Question 298:

  A company seeking to maximize supply chain efficiency and to streamline order processing should first:

  A. implement a vendor-managed inventory (VMI) process.

  B. implement electronic data interchange (EDI).

  C. move to a make-to-stock (MTS) environment.

  D. utilize supplier portals.

  Correct Answer: B

• Question 299:

  A distribution requirements planning (DRP) system is implemented primarily to monitor or manage:

  A. supplier capacity.

  B. customer demand.

  C. inventory replenishment.

  D. demand variation.

  Correct Answer: C

  Reference: https://searcherp.techtarget.com/definition/distribution-requirements-planning-DRP

• Question 300:

  Which of the following statements best describes the motivation for the creation of the Global Reporting Initiative (GRI) sustainability reporting guidelines?

  A. To combat widely reported sustainability abuses of multi-national companies

  B. To combat increased globalization and consumption of natural resources.

  C. To support governmental regulation on use and export of natural resources.

  D. To support companies working to make their operations more sustainable.

  Correct Answer: D