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ASCM Procurement Certificate 2024 with Correct Answers, Exams of Business Accounting

The correct answers to a set of 12 questions related to procurement and sustainability practices. The questions cover topics such as environmental management standards, life cycle assessment, conflict minerals, social accountability standards, sustainability policies, trade restrictions, human rights, bribery, global compact practices, ethical practices, and design for the environment. Likely intended to serve as a study guide or reference material for individuals pursuing the ascm procurement certificate in 2024. The comprehensive coverage of these procurement-related topics and the provision of the correct answers make this document a valuable resource for students or professionals seeking to enhance their knowledge and skills in sustainable procurement practices.

Typology: Exams

2024/2025

Available from 10/06/2024

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ASCM Procurement Certificate 2024
with correct answers
1. Companies often require suppliers to obtain ISO 14001 certification in order to -
Correct answer confirm the supplier's compliance with environmental
management standards
2. The purpose of life cycle assessment (LCA) is to determine - Correct answer
the environmental and social impact from the production and life of a product
3. Which of the following describes conflict minerals? - Correct answer Minerals
mined in conditions of human rights abuses
4. Which of the following statements is true regarding SA 8000 standards? -
Correct answer They are widely recognized for managing human rights in the
workplace
5. A company's sustainability policy should be which of the following? - Correct
answer Consistent with its overall mission, vision and core values
6. When buying materials from suppliers, whose responsibility is it to ensure that
the suppliers are compliant with government trade restrictions? - Correct answer
Buyer
7. A company has determined that a supplier's offshore resource for a component
has been accused of human rights abuses. The best action for a company to
take is - Correct answer work with the supplier to find another resource for the
component
8. Which of the following describes the use of bribery with a supplier? - Correct
answer Accepting money from a supplier to cover up a quality issue
9. The most appropriate reason for a business to comply with United National
Global Compact practices is to - Correct answer get access to tools to help align
strategies with environmental standards
10.Which of the following would be considered an ethical practice? - Correct
answer Setting up different fair pay wage structures in different countries for the
same job
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ASCM Procurement Certificate 2024

with correct answers

  1. Companies often require suppliers to obtain ISO 14001 certification in order to - Correct answer confirm the supplier's compliance with environmental management standards
  2. The purpose of life cycle assessment (LCA) is to determine - Correct answer the environmental and social impact from the production and life of a product
  3. Which of the following describes conflict minerals? - Correct answer Minerals mined in conditions of human rights abuses
  4. Which of the following statements is true regarding SA 8000 standards? - Correct answer They are widely recognized for managing human rights in the workplace
  5. A company's sustainability policy should be which of the following? - Correct answer Consistent with its overall mission, vision and core values
  6. When buying materials from suppliers, whose responsibility is it to ensure that the suppliers are compliant with government trade restrictions? - Correct answer Buyer
  7. A company has determined that a supplier's offshore resource for a component has been accused of human rights abuses. The best action for a company to take is - Correct answer work with the supplier to find another resource for the component
  8. Which of the following describes the use of bribery with a supplier? - Correct answer Accepting money from a supplier to cover up a quality issue
  9. The most appropriate reason for a business to comply with United National Global Compact practices is to - Correct answer get access to tools to help align strategies with environmental standards
  10. Which of the following would be considered an ethical practice? - Correct answer Setting up different fair pay wage structures in different countries for the same job
  1. Which of the following has the greatest opportunity for long-term environmental improvement? - Correct answer Redesigning products to minimize use of materials and resources
  2. A company redesigns its packaging so that the same box containing the product can be used for the consumer to return the product. This is an example of which of the following? - Correct answer Design for the environment (DFE)