CPSD Practice Questions - Certified Professional in Supplier Diversity Exam - CPSD Practice Questions - Certified Professional in Supplier Diversity Exam

Question 1

A company wants to launch a supplier diversity program for the first time. The supplier diversity manager must first secure executive support. Which action BEST builds the business case?

Issue an RFQ exclusively to minority-owned suppliers Quantify how diverse suppliers can reduce cost, expand innovation, and support regulatory compliance Require all existing suppliers to obtain diverse-business certifications Set a 50% diverse-spend target before presenting to leadership

Correct Answer:

Quantify how diverse suppliers can reduce cost, expand innovation, and support regulatory compliance

Question 2

Which certifying body is the primary national organization that certifies Minority Business Enterprises (MBEs) and connects them to over 1,400 corporate members?

WBENC NGLCC NMSDC SBA

Correct Answer:

NMSDC

Question 3

A supplier diversity manager is reviewing a vendor's credentials. The vendor holds a WBE certification. What ownership requirement must the firm satisfy to receive WBE certification from WBENC?

51% owned by a veteran 51% owned, controlled, operated, and managed by one or more women 51% owned by a racial or ethnic minority group member At least 35% of employees must be women

Correct Answer:

51% owned, controlled, operated, and managed by one or more women

Question 4

A federal contractor must submit a subcontracting plan under FAR Part 19. Which component is required in that plan to satisfy the regulation?

A list of all incumbent prime suppliers who are large businesses Percentage goals for small and small disadvantaged business subcontracting A commitment to award at least 50% of subcontracts to minority-owned firms Written approval from NMSDC before the plan is submitted

Correct Answer:

Percentage goals for small and small disadvantaged business subcontracting

Question 5

A firm qualifies as a HUBZone-certified business. Which SBA requirement MUST the firm continuously meet to retain this certification?

At least 51% owned by a woman or minority group member Principal office located in a HUBZone and at least 35% of employees residing in a HUBZone Annual revenue below $1 million and fewer than 10 employees At least one owner must be a veteran or service-disabled veteran

Correct Answer:

Principal office located in a HUBZone and at least 35% of employees residing in a HUBZone

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About this Exam

Prepare with the CPSD Practice Questions - Certified Professional in Supplier Diversity Exam practice quiz. This question bank includes 100 questions covering supplier, diversity, program, manager, and diverse. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CPSD Practice Questions - Certified Professional in Supplier Diversity Exam

This practice set contains 100 questions from the matching question bank and focuses on supplier, diversity, program, manager, and diverse. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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CPSD Practice Questions - Certified Professional in Supplier Diversity Exam

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