CMRP Baseline Quiz Overview UPDATED ACTUAL Exam
Questions and CORRECT Answers
!@#$%%%%%
This is a request from a department for one or more items that are carried in the organization's
warehouse or storeroom. All that is required is an item number and%%%%%% a quantity. -
(ANSWERS)Stock Requisition
A standing order is for the automatic delivery of a specific amount of product on a regular, pre-
determined basis. A standing order always has a start and end date, total amount, and defined
delivery dates and quantities. - (ANSWERS)Standing Order
In this case the title of the goods passes to the facility when the shipping agent takes
possession. The facility is responsible for all freight costs and for filing any damage claim. -
(ANSWERS)FOB shipping point
Completion of a returned goods authorization should result in a credit memo. -
(ANSWERS)Returned Goods Authorization (RGA)
Identifying the top 10 vendors with the lowest spend does not add value to the process. -
(ANSWERS)Value Analysis Process
Metrics that are used to evaluate the efficiency and effectiveness of purchasing activities. -
(ANSWERS)Purchasing Metrics
Issues or differences found in invoices that may require resolution. - (ANSWERS)Invoice
discrepancies
Inventory items that are no longer usable or have passed their expiration date. -
(ANSWERS)Obsolete or expired inventory
This type of cost evaluation tool involves all aspects of the product cycle. - (ANSWERS)Total
delivered cost
The percentage of total purchases that are made under a contractual agreement. -
(ANSWERS)% of purchases on contract
An internal form filed by a certain department to request a repeat item or items that are not
stocked in the facility's Central Store or storeroom, but which are used regularly. -
(ANSWERS)Non-stock requisition
Improved pricing and shipping costs, lower amounts of safety stock, reduced inventory stock
outs and product obsolescence. - (ANSWERS)Benefits of incorporating demand forecasting
, CMRP Baseline Quiz Overview UPDATED ACTUAL Exam
Questions and CORRECT Answers
!@#$%%%%%
An older version of a non-stock requisition used in-house in a manual ordering system and
%%%%%%
prepared by a department to obtain repeat, non-stock items from a vendor that are regularly
used. - (ANSWERS)Traveling requisition
Dividing a facility's cost of goods sold by the ending inventory value results in the inventory turns
for that product. - (ANSWERS)Cost of goods sold
Counts everything in the storeroom or other selected inventory location and occurs at regular,
predetermined intervals. - (ANSWERS)Periodic inventory counting
A method of categorizing inventory items based on their importance, where 'A' priority items are
of highest priority. - (ANSWERS)ABC analysis
A calculation of supply demand from the time it takes to place an order to the time the order
item is depleted. - (ANSWERS)Lead-time
Counts supplies in a designated area by selecting smaller portions of inventory items to count
in a scheduled manner throughout the year. - (ANSWERS)Cycle counting
Case carts are typically utilized in the operating room (OR), labor and delivery, and other
procedural areas. - (ANSWERS)Best method for distributing surgical instruments
The cost associated with storing inventory items. - (ANSWERS)Storage cost
A measure of how many times inventory is sold or used in a time period. - (ANSWERS)Inventory
turns
A method of valuing inventory based on the average cost of all items. - (ANSWERS)Average cost
The percentage of customer demand that is met without stockouts. - (ANSWERS)Fill rate
A method of counting inventory items that are displayed on shelves. - (ANSWERS)Shelf
inventory counting
An inventory counting method that does not require the department to shut down. -
(ANSWERS)Open inventory counting
Typically utilized in the operating room (OR), labor and delivery, and other procedural areas. -
(ANSWERS)Case Carts
Move heavy, large items typically between remote parts of a facility using common pathways. -
(ANSWERS)Tuggers
Questions and CORRECT Answers
!@#$%%%%%
This is a request from a department for one or more items that are carried in the organization's
warehouse or storeroom. All that is required is an item number and%%%%%% a quantity. -
(ANSWERS)Stock Requisition
A standing order is for the automatic delivery of a specific amount of product on a regular, pre-
determined basis. A standing order always has a start and end date, total amount, and defined
delivery dates and quantities. - (ANSWERS)Standing Order
In this case the title of the goods passes to the facility when the shipping agent takes
possession. The facility is responsible for all freight costs and for filing any damage claim. -
(ANSWERS)FOB shipping point
Completion of a returned goods authorization should result in a credit memo. -
(ANSWERS)Returned Goods Authorization (RGA)
Identifying the top 10 vendors with the lowest spend does not add value to the process. -
(ANSWERS)Value Analysis Process
Metrics that are used to evaluate the efficiency and effectiveness of purchasing activities. -
(ANSWERS)Purchasing Metrics
Issues or differences found in invoices that may require resolution. - (ANSWERS)Invoice
discrepancies
Inventory items that are no longer usable or have passed their expiration date. -
(ANSWERS)Obsolete or expired inventory
This type of cost evaluation tool involves all aspects of the product cycle. - (ANSWERS)Total
delivered cost
The percentage of total purchases that are made under a contractual agreement. -
(ANSWERS)% of purchases on contract
An internal form filed by a certain department to request a repeat item or items that are not
stocked in the facility's Central Store or storeroom, but which are used regularly. -
(ANSWERS)Non-stock requisition
Improved pricing and shipping costs, lower amounts of safety stock, reduced inventory stock
outs and product obsolescence. - (ANSWERS)Benefits of incorporating demand forecasting
, CMRP Baseline Quiz Overview UPDATED ACTUAL Exam
Questions and CORRECT Answers
!@#$%%%%%
An older version of a non-stock requisition used in-house in a manual ordering system and
%%%%%%
prepared by a department to obtain repeat, non-stock items from a vendor that are regularly
used. - (ANSWERS)Traveling requisition
Dividing a facility's cost of goods sold by the ending inventory value results in the inventory turns
for that product. - (ANSWERS)Cost of goods sold
Counts everything in the storeroom or other selected inventory location and occurs at regular,
predetermined intervals. - (ANSWERS)Periodic inventory counting
A method of categorizing inventory items based on their importance, where 'A' priority items are
of highest priority. - (ANSWERS)ABC analysis
A calculation of supply demand from the time it takes to place an order to the time the order
item is depleted. - (ANSWERS)Lead-time
Counts supplies in a designated area by selecting smaller portions of inventory items to count
in a scheduled manner throughout the year. - (ANSWERS)Cycle counting
Case carts are typically utilized in the operating room (OR), labor and delivery, and other
procedural areas. - (ANSWERS)Best method for distributing surgical instruments
The cost associated with storing inventory items. - (ANSWERS)Storage cost
A measure of how many times inventory is sold or used in a time period. - (ANSWERS)Inventory
turns
A method of valuing inventory based on the average cost of all items. - (ANSWERS)Average cost
The percentage of customer demand that is met without stockouts. - (ANSWERS)Fill rate
A method of counting inventory items that are displayed on shelves. - (ANSWERS)Shelf
inventory counting
An inventory counting method that does not require the department to shut down. -
(ANSWERS)Open inventory counting
Typically utilized in the operating room (OR), labor and delivery, and other procedural areas. -
(ANSWERS)Case Carts
Move heavy, large items typically between remote parts of a facility using common pathways. -
(ANSWERS)Tuggers
