Pass the actual test with the help of CPSMB study guide
Last Updated: Jun 19, 2026
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1. Which of the following is an example bill of lading?
A) A control document to track and identify goods shipped to other countries.
B) Cargo receipt and transportation contract between the shipper and carrier.
C) Record of documents that accompany the shipment with final disposition.
D) Bill for the goods to a buyer.
2. The IRS is free to pursue fraud for a period of?
A) Indefinitely from the present calendar date.
B) Up to thirty years from the present calendar date.
C) Up to seven years from the present calendar date.
D) Up to five years from the present calendar date.
3. Using Ebay and local recycling facilities to dispose of excess inventory would be described as using?
A) Investment recovery channel method of excess inventory disposal.
B) Surplus channel method of excess inventory disposal.
C) Asset recovery channel method of excess inventory disposal.
D) Recycling channel method of excess inventory disposal.
4. The three negotiation philosophy approaches are 1) Win-Win or cooperational, 2) Lose-Lose or confrontational and 3) what?
A) Win-Lose or adversarial/competitive
B) Lose-Win competitive
C) Win-Lose or antagonistic/complete
D) Lose-Win cooperational
5. Win-Lose or adversarial/competitive negotiation philosophy is likely to be used when?
A) The negotiator has a high degree of concern for their outcome and a low degree of concern for the other party's outcome.
B) Each party hopes the other loses in a negotiation.
C) The negotiator only has concern for their negotiations or outcome in a negotiation.
D) One party wins and one party loses in a negotiation.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |
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