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CMRP Certification Exam Preparation
Two-Part Webinar Series – Part II of II
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Meet Your Presenters
Preston Hall CMRP, CPM
Certified Purchasing Manager (CPM),
ISM
AHRMM Education Committee
Member
WPa AHRMM Member
Director of Materials Management,
Clarion Hospital, Clarion, PA
Administer the MM requirements of
Clarion hospital and affiliated clinics
Member of the MedHost MM Panel
Lora Johnson CMRP, MBA, BSN, RN
Educational background includes an
ADN 1989, BSN 2010, and MBA 2014
27 Years clinical experience ranging
from staff nurse to director in ED,
Hospice, and Surgery
5 years supply chain experience
focused on standardization and supply
chain operations including roles as
application analyst, VA Manager,
Director of Supply Chain Operations at
Covenant Health IDN in East
Tennessee, and Director of Value
Analysis at Grady Memorial Hospital
IDN in Atlanta Georgia
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Logistics
Lines are “open”
Please don’t put us on hold
It’s OK to mute your line
5 questions at a time
Abbreviated answer key
*Complete answer key will be provided post-webinar
Discuss/ask questions
Answer
Reasoning
Tips and techniques
The goal is to get through all the practice questions
Any questions?
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Disclaimer!
High-level overview of CMRP Certification Exam content
Materials Management Review Guide 5th edition
CMRP Examination Content Outline
Not all-inclusive
Does not cover all CMRP Content Outline content
CMRP Certification Exam questions may test content not covered
Practice questions are for “practice”
Written by CMRP content experts, not written by AHA-CC, who
wrote the CMRP Certification Exam
Intended for assessment and discussion
Participation does not guarantee passing the CMRP
Certification Exam
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Learning Objectives
Part I
1. Identify the “basics” of the CMRP Certification Exam,
including the role of the AHA-CC, exam eligibility, the five
major content areas, and cognitive levels (“types of
questions”).
2. Identify and obtain CMRP resources based on your learning
preferences and area(s) of focus.
3. Develop a personalized CMRP Study Plan to prioritize,
schedule, and record CMRP study sessions.
Part II
4. Answer 70+ practice questions, and discuss reasoning, tips,
and techniques with the presenters and other participants.
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Practice Questions
Q & A
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Answer Key 1 of 15
1. C
2. C
3. B
4. B
5. C
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1.
Which of the following is a vertical transport system designed to
accommodate a wider variety of items than a pneumatic tube
system?
A. Cart lift
B. Monorail
C. Dumbwaiter
D. Conveyor
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2.
Which of the following prohibits sellers from engaging in price
discrimination?
A. Uniform Commercial Code (UCC)
B. Sherman Anti-Trust Act
C. Robinson-Patman Act
D. Sarbanes-Oxley Act
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3.
The ABC Analysis method of order quantity uses the Pareto
principle which assumes that 80% of the overall consumption
value is based on only 20% of total items in inventory. When
reviewing inventory for the ABC Analysis, managers should rate
items from A to C based on the following rules:
A. A items are goods with the highest annual consumption value,
B items are goods with the lowest consumption level, and C
items have the medium consumption value.
B. A items are goods with the highest annual consumption value,
B items have the medium consumption value, and C items
have the lowest consumption value.
C. A items are goods with the lowest consumption value, B items
are goods with the medium consumption value, and C items
are items that have the highest consumption value.
D. A items are goods with the lowest consumption value, B items
have the highest consumption value, and C items have the
medium consumption value.
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4.
To be considered an Enterprise Resource Planning software
package in Healthcare, at least ____ of the following systems
must be included:
A. One
B. Two
C. Three
D. Four
E. Five
1. MMIS purchasing and
inventory management
2. General Ledger
3. Accounts Payable
4. Accounts Receivable
5. Fixed Asset Tracking and
Accounting
6. Human Resource
7. Payroll, Project Management
8. Decision Support
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5.
What does FOB Destination mean?
A. The buyer pays all freight charges.
B. The seller pays all freight charges.
C. The seller retains ownership in transit.
D. The buyer retains ownership in transit.
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Answer Key 2 of 15
6. B
7. B
8. C
9. A
10. B
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6.
Hospital ABC’s Sterile Processing Department is responsible for
preparing case carts for surgeries. What tool identifies the
specific supplies needed for the case?
A. PAR levels on carts
B. Physician preference cards
C. SPD policies and procedures
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7.
Which of the following are generally accepted practices if a facility
receives an accidental over-shipment of a routinely-used product?
1. The receiving clerk informs the buyer and the accounts payable
clerk of the over shipment, and documents the variance.
2. The buyer consults with the customer department to learn if the
over shipment can be used and accepted.
3. The buyer directs the receiving agent to accept the goods, and
requests a credit memo from the vendor.
4. The buyer directs receiving to accept the goods, and instructs the
accounts payable clerk to pay the total amount due.
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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8.
Of the following, the LEAST efficient strategy for storing products
in a storeroom is by:
A. Commodity group
B. Most frequently picked items
C. Stock number sequence
D. Department
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9.
In which example below would a standing order be the best
option?
A. HVAC air filters
B. Surgical Laser rental
C. Nitrile exam gloves
D. Software upgrade to MMIS systems
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10.
The most effective means for reducing cross-contamination in
a healthcare setting is:
A. Decontaminating equipment
B. Hand washing
C. Training on infection control techniques
D. Ensuring clean linens are used
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Answer Key 3 of 15
11. A
12. D
13. A
14. D
15. D
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11.
Vendor Representative, Cody, is present in the OR assisting with
implants when he sees his neighbor being wheeled into the
surgery suite next door. Cody asks the Inventory Specialist what
type of surgery the gentleman is having and calls the gentleman
by name. The best action for the Inventory Specialist to take will
be to:
A. Tell Cody that the information he is requesting is
confidential and private health information.
B. Tell Cody what surgery is scheduled. He is obviously
concerned about his friend.
C. Tell Cody the scheduled procedure and remind him that
he should not share the information as it could be a
HIPPA compliance issue.
D. Tell Cody that the gentleman is in great hands knowing
the surgeon who is performing the case.
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12.
If a vendor representative is involved in a surgical case, which of
the following information may not be disclosed to the vendor's
company under the Health Insurance Portability and
Accountability Act (HIPAA)?
Items used in case
A. Physician's name
B. Case date
C. Patient diagnosis
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13.
What was the total amount paid or remitted to the vendor during
the first quarter?
A. $588.00 C. $594.00
B. $592.00 D. $600.00
Scenario: During the first quarter of a year, three products were
ordered on separate purchase orders at a price of $200.00 each.
Payment terms with the vendor are, "3% 10, net 30, and a
contractual 7.5% rebate on all purchases paid quarterly." Two of
the three invoices were paid in 5 days and the third was paid in
25 days. No other products were purchased from the supplier in
the first quarter of the year.
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13. Calculations
3 Orders of $200 each
2 Orders were paid within 10 days thus received a 3% discount
3% of $200 = $6.00
$200 - $6.00 = $194.00
1 Order was paid in 25 days with no discount = $200
Order one = $194
Order two = $194
Order three (no discount) = $200
Total = $588
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14.
The rebate check from the vendor for the first quarter is:
A. $15.00
B. $18.50
C. $22.50
D. $45.00
Scenario: During the first quarter of a year, three products were
ordered on separate purchase orders at a price of $200.00 each.
Payment terms with the vendor are, "3% 10, net 30, and a
contractual 7.5% rebate on all purchases paid quarterly." Two of
the three invoices were paid in 5 days and the third was paid in
25 days. No other products were purchased from the supplier in
the first quarter of the year.
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14. Calculations
Three products were purchased during the quarter at $200 each.
3 X $200 = $600.00
Rebate for all purchases during the quarter equals 7.5%
Total Purchase X Rebate % = Rebate Total
$600.00 X 0.075 = $45.00
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15.
Susan, CNA for the Emergency Department, completes a
requisition for crutches, splints, and simple dressings frequently
used in fast track. She faxes the requisition to Central
Distribution where Doug prepares the items for delivery. This is
an example of a/an
A. Just In Time Distribution Method
B. Stockless Distribution Method
C. Emergency Requisition System
D. Random Request System
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Answer Key 4 of 15
16. B
17. C
18. B
19. B
20. B
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16.
The distribution method that requires maintenance to physician
preference cards to ensure the intended area has the needed
supplies to provide the needed care to the patient is the
A. Just In Time Distribution Method
B. Case Cart System
C. Electronic Point of Use System
D. Exchange Cart System
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17.
Benefits of a Point of Use System (POU) include:
1. Automatic electronic generation of purchase orders to the
vendor
2. Detailed identification of supply use by patient or bed
location
3. Time reduction due to decreased need to inventory carts
and enter charges
4. Clinician buy-in contributed to ease of process
5. Elimination of need to use charge cards and labels
A. 1, 2, and 4 only
B. 2, 3, 4, and 5 only
C. 1, 2, 3, and 5 only
D. All the above
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18.
The following information is known:
Accounts Receivable $ 600,000
Accounts Payable $ 500,000
Payroll Taxes Accrual $ 200,000
Fund Balances $1,400,000
What is the total value of the liabilities listed above?
A. $ 600,000
B. $ 700,000
C. $1,600,000
D. $2,100,000
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18. Calculations
AP & Payroll Taxes are the two liabilities:
$500,000 + $200,000 = $700,000
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19.
Ingredients to a successful relationship between the facility and
the vendor include:
1. Being open to criticism
2. Commitment to the process
3. Maintaining a confrontational position
4. Sharing expected outcomes
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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20.
Business Process Redesign (BPR) varies greatly from
organization to organization and is normally driven by:
1. The desire to bring individuals together to discuss current
problems and obstacles
2. The desire to meet new goals (for example, LUM
distribution implementation)
3. The desire to ensure new work processes are in place to
overcome any limitations of the MMIS
A. 1 and 2
B. 2 and 3
C. 1 and 3
D. All of the above
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Answer Key 5 of 15
21. B
22. B
23. A
24. C
25. A
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21.
Which of the following may be effective in controlling excessive
trials and purchases of expensive new equipment?
A. Value analysis
B. Technology assessment committee
C. Maintenance review activity
D. Financial control panel
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22.
Which of the following orders delivers a specific amount of
product on a scheduled basis?
A. Blanket
B. Standing
C. Open
D. Capital
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23.
When using the ABC Analysis method of managing inventory, a
firm will receive the most impact from focusing their efforts on
which segment:
A. “A” the 10% of inventory items that account for 70% of
the firm’s inventory expenses.
B. “B” the 20% of inventory items that account for 20% of
the firm’s inventory expenses.
C. “C” the 70% of inventory items that account for 10% of
the firm’s inventory expenses.
D. “A” & “C” the 80% of items that account for 80% of the
firm’s inventory expenses.
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24.
A facility must purchase a new piece of equipment immediately.
Capital funding is not available until the next fiscal year. The
following offers have been received from companies A, B, C, and
D. Which of the companies offers the best value based on a
three-year life?
A. $145,000 for equipment delivered now, not paid for until new
fiscal year, no finance charges. Consumable annual cost is
$25,000.
B. $100,000 financed, delivered now, finance chargers over term
additional $30,000. Consumable annual cost is $15,000.
C. Immediate delivery, no down payment, cost of equipment with
no interest added (listed as $130,000) will be added to the
purchase of consumable evenly over 3 years. Total
consumable cost is $40,000.
D. Immediate delivery, lease equipment for 3 years at a cost of
$5,000 per month including all consumables. Buyout at end of
3-year lease term is $100.00.
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24. Calculations
Scenario A:
Delivered now = $145,000
Annual costs = $25K X 3 years = $75,000
Total = $220,000
Scenario B:
Finance = $100,000
Finance charges = $30,000
Annual costs = $15k X 3 years = $45,000
Total = $175,000
Scenario C:
Cost of Eq added to consumable = $130,000
Consumable cost total = $40,000
Total = $170,000
Scenario D:
Lease at $5K/month for 5 years
$5,000 X 12 Months X 3 Years = $180,000
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25.
Ensuring that all capital purchase pricing is comprehensive and
accurate is a portion of
A. The facilities due diligence process
B. The services offered by GPOs
C. The Robison-Patman Act
D. The Business Process Redesign (BPR)
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Answer Key 6 of 15
26. D
27. B
28. D
29. B
30. D
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26.
Which of the following factors is most important when
considering purchase of a tugger system?
A. Type of MMIS
B. Number of dock spaces
C. Number of electrical outlets in the department
D. History of Workers' Compensation claims
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27.
Two facilities are combining their inventories under a recent
merger and must determine the average cost of each product.
Facility A purchased 250 boxes of an item at $18.00 per box.
Facility B purchased 250 boxes of the same product at $20.00
per box. What is the average cost per box of the combined
inventory?
A. $ 18.00
B. $ 19.00
C. $ 19.50
D. $ 20.00
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27. Calculations
(250 x $18) + (250 x $20) / 500 = $19
Since the QTY for both facilities is the same then you could
average the selling price [ ($18 + $20) / 2 = $19]
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28.
Select the best written goal for strategic planning with the
Materials Department:
A. On hands inventory will be reduced by 5%.
B. By December 31st, overtime will be reduced.
C. The department will hold monthly meetings to discuss
issues and concerns.
D. Inventory turns will increase by 0.25% by the end of third
quarter.
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29.
Uniform Commercial Code (UCC) contains which of the following
provisions:
1. Purchases totaling more than $500 are non-enforceable
unless in writing
2. Services and warranties related to goods and equipment
3. Statute of limitations for contracts relating to purchase or
sale is four years.
A. 1 and 2
B. 1 and 3
C. 2 and 3
D. 1, 2, and 3
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30.
Which of the following describes the correct order of the
purchase process?
A. Purchase order > acceptance > invoice matching >
purchase request > delivery > payment
B. Purchase order > delivery > invoice matching >
acceptance > purchase request > payment
C. Purchase request > purchase order > acceptance >
delivery > invoice matching > payment
D. Purchase request > purchase order > delivery >
acceptance > invoice matching > payment
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Answer Key 7 of 15
31. D
32. D
33. D
34. D
35. C
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31.
A healthcare facility has decided to buy a new enterprise
resource planning (ERP) system. The materials management
module of the new ERP system does not support current
processes. The best initial course of action is to:
A. Ask IT staff to modify the software to meet required
functional capabilities.
B. Urge the facility to purchase a second system to meet
functional requirements.
C. Remove functional requirements not covered in the ERP
system.
D. Look for different ways to fulfill functionality with the new
ERP system.
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32.
All of the following are important steps in selecting a vendor for a
materials management information system (MMIS) EXCEPT:
1. Send out a request for proposal
2. Define functional requirements
3. Develop a task force or project team
4. Evaluate vendor qualifications and conduct a proposal
analysis
A. 1, 2 and 3
B. 1, 3, and 4
C. 2, 3, and 4
D. None of the above
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33.
Which of the following are requisitions used to communicate
needs of a requestor to purchasing?
1. Blanket
2. Electronic
3. Paper
4. Traveling
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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34.
Monitoring vendor performance is important in regards to
ensuring the right item is at the right place and at the right time.
Which of the following metrics can be helpful if added to a
vendor scorecard?
1. On Time Shipping
2. Order Fill Rate
3. Discrepancy Ratio
4. Percentage of Backorders
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. All of the above
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35. (1 of 2)
Which of the following is an example of unethical behavior?
A. Sally thinks she is paying too much for a spinal cage
implant. She calls a friend who is employed at a sister
facility within the same system and asks her to verify the
price Jim, the vendor representative, is charging for the
same bill only item.
B. Bill located a contract for wound care supplies on the
system’s contracted GPO website. He is concerned that
the vendor is charging his facility at a higher than
necessary rate. Upon further review, Bill realizes that the
facility has not requested the appropriate GPO tier to
date. Bill reaches out to his GPO representative and
asks that she assist Bill with the appropriate forms to
access the appropriate tier.
C. On next slide
D. On next slide
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35. (2 of 2)
Which of the following is an example of unethical behavior?
A & B: On previous slide
C. George negotiates with Company C to achieve lower
pricing for a custom admission kit used at the facility.
Company B approaches George to secure a revised
pricing agreement. George supplies Company B with the
content list for the admission kit and informs Company B
that they can have the business if they can beat Company
C’s price of $4.38 each.
D. Suzanne, a corporate capital buyer, would like to ensure
that the price quoted for a new ultrasound machine for
Perinatology department is within industry standards.
Suzanne utilizes an electronic benchmarking system
which shows her the price points paid for the exact item by
other like sized organizations over the past twelve months.
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Answer Key 8 of 15
36. A
37. D
38. B
39. B
40. A
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36.
Functions within the purchasing area of materials management
include:
1. Negotiation
2. Value analysis
3. Bid analysis
4. Revenue management
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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37.
The transaction name for ANSI X.12 Code 855 is:
A. Payment order/remittance advice
B. Price/sales catalog
C. Purchase order
D. Purchase order acknowledgement
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38.
List the ANSI X.12 Transaction Codes in order to match the
following:
1. Price/sales catalog
2. Purchase order
3. Purchase order acknowledgement
4. Payment order/remittance advice
A. 820, 832, 850, 855
B. 832, 850, 855, 820
C. 820, 855, 850, 832
D. 855, 820, 832, 850
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39.
Under a consignment agreement, the healthcare organization is:
1. Charged for consignment items when they are used.
2. Responsible for the consignment items in its
departments.
3. Accept all vendor models of the item(s) consigned
4. Able to require specific items be placed on consignment.
A. 1, 2, and 3 only
B. 1, 2, and 4 only
C. 1, 3, and 4 only
D. 2, 3, and 4 only
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40.
Century Medical made the following pacifier purchases / issues
for their mother / baby unit: 1,200 on July 1st at the cost of $1
each, 500 on July 13th at the cost of $1.20 each, and issued 700
on July 14th at $2 each. The closing inventory value on July
14th comes to 1000 pacifiers at $1,100. Which accounting
method was used?
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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40. Calculations
A. FIFO Received 1200 & 500, Issue first 700, Leaves
1000, 500@$1 + 500@$1.20 = 1000@$1.10=$1100
B. LIFO Received 1200 & 500, Issue last 700, Leaves
1000, 1000@$1 = 1000@$1.00=$1000
C. Avg (1200@$1.00=$1200) + (500@$1.20=$600) =
$1800/1700 = 1000@$1.0588=$1059
D. Last Price = 1000@$1.20=$1200
E. Std Price is not stated
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Answer Key 9 of 15
41. B
42. C
43. C
44. A
45. C
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41.
The OR Department Manager has reported several items that
are stocked in multiple OR rooms are frequently included in the
expired product cost report. Which inventory strategy best
addresses this concern?
A. Stockless inventory
B. Consolidation strategy
C. Consignment inventory
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42.
On the healthcare facility's balance sheet, the orthopedic clinic's
consumable supply inventory would be considered a:
A. Potential liability
B. Potential excess
C. Current asset
D. Fixed asset
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43.
An Exchange Cart system is being considered for use to supply
a nursing unit. Which of the below is least critical when deciding
to use exchange carts?
A. Storage space for carts
B. Cost of supply items
C. Staffing levels
D. Storeroom replenishment process
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44.
The supply distribution method in which the vendor holds, ships,
delivers, and charges expenses directly to the user based on
requests is:
A. Stockless
B. Just-in-time (JIT)
C. Vendor Managed Inventory (VMI)
D. Periodic Automatic Replenishment (PAR)
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45.
A healthcare system is purchasing $13,000 worth of equipment
from a medical equipment company.
Freight charges are $200.00.
Terms are: “4% 15, net 30, prepay and add.
Freight is not discounted."
If the healthcare system pays within 10 days, what will the total
payment be for the equipment?
A. $12,400
B. $12,480
C. $12,680
D. $12,800
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45. Calculations
Equipment at $13,000
Paid in 10 days receives a 4% discount
Calculated as $13,000 X 0.04 = $520 (discount)
Equipment cost of $13,000
Discount of - $520
$12,480
Freight Charge of + $200
Total Payment = $12,680
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Answer Key 10 of 15
46. C
47. B
48. B
49. C
50. D
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46.
A facility needs to train four staff in charge of preventative
maintenance of equipment.
Training consumes 20% of their time.
Salaries for each staff are $25,000, $27,500, $26,000
and $30,000 respectively
HR benefits is 25%
Refresher training is $250 per person and takes place
each year on a quarterly basis
What is the annual in-house calibration cost to the facility?
A. $ 9,425
B. $ 28,125
C. $ 31,125
D. $112,500
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46. Calculations
20% of the time is KEY
20% of salary $108,500 = $21,700
25% of salary $108,500 = $27,125 @ 20% = $5,425
$250 x 4 people = $1,000 @ 4x/yr = $4000
$5,425 + $4,000 + $21,700 = $31,125
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47.
Inventory optimization is critical in order to keep costs under
control within the supply chain. In order to get the most from
management efforts, it is efficient to focus on the items that cost
the most to the business. Sorting items into groups based on
the annual dollar value of expense is referred to as:
A. Cycle Counting
B. ABC Analysis
C. Economic Order Quantity
D. Pareto Principle
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48.
Century Medical made the following pacifier purchases/issues
for their mother / baby unit: 1,200 on July 1st at the cost of $1
each, 500 on July 13th at the cost of $1.20 each, and issued 700
on July 14th at $2 each. The closing inventory value on July
14th comes to 1000 pacifiers at $1,000. Which accounting
method was used?
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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48. Calculations
Answer: B
A. FIFO Received 1200 & 500, Issue first 700, Leaves 1000,
500@$1 + 500@$1.20 = 1000@$1.10=$1100
B. LIFO Received 1200 & 500, Issue last 700, Leaves 1000,
1000@$1 = 1000@$1.00=$1000
C. Avg (1200@$1.00=$1200) + (500@$1.20=$600) =
$1800/1700 = 1000@$1.0588=$1059
D. Last Price = 1000@$1.20=$1200
E. Std Price is not stated
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49.
Century Medical made the following diaper pack
purchases/issues for their mother / baby unit: 1,200 on July 1st
at the cost of $1 each, 500 on July 13th at the cost of $1.20
each, and issued 700 on July 14th at $2 each. The closing
inventory value on July 14th comes to 1000 diaper packs at
$1,059. Which accounting method was used?
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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49. Calculations
Answer: C
A. FIFO Received 1200 & 500, Issue first 700, Leaves 1000,
500@$1 + 500@$1.20 = 1000@$1.10=$1100
B. LIFO Received 1200 & 500, Issue last 700, Leaves 1000,
1000@$1 = 1000@$1.00=$1000
C. Avg (1200@$1.00=$1200) + (500@$1.20=$600) =
$1800/1700 = 1000@$1.0588=$1059
D. Last Price = 1000@$1.20=$1200
E. Std Price is not stated
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50.
During the process of determining the correct classification for
each inventory item using the ABC Analysis method, the
manager will need to determine the annual dollar spend for each
item. Which formula will be most beneficial for the manager?
A. (On hand quantity) X (Item cost per unit)
B. (Costs of goods sold) / (Average inventory)
C. (Annual item cost) / (Item cost per unit)
D. (Annual demand) X (Item cost per unit)
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Answer Key 11 of 15
51. C
52. D
53. A
54. A
55. A
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51.
Susan, CNA for the Emergency Department (ED), completes a
requisition for a thoracentesis tray which the physician needs as
quickly as possible. She carries the requisition to Central
Distribution where Doug pulls the tray for Susan to carry back to
the ED. This is an example of a/an:
A. Just In Time Distribution Method
B. Stockless Distribution Method
C. Emergency Requisition System
D. Random Request System
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52.
Century Medical made the following diaper pack purchases/
issues for their mother/baby unit:
• 1,200 on July 1st at the cost of $1 each;
• 500 on July 13th at the cost of $1.20 each;
• 700 on July 14th at $2 each
The closing inventory value on July 14th comes to 1000 diaper
packs at $1,200. Which accounting method was used?
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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52. Calculations
A. FIFO Received 1200 & 500, Issue first 700, Leaves 1000,
500@$1 + 500@$1.20 = 1000@$1.10=$1100
B. LIFO Received 1200 & 500, Issue last 700, Leaves 1000,
1000@$1 = 1000@$1.00=$1000
C. Avg (1200@$1.00=$1200) + (500@$1.20=$600) =
$1800/1700 = 1000@$1.0588=$1059
D. Last Price = 1000@$1.20=$1200
E. Std Price is not stated
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53.
Fill rate is calculation is a reliable indicator to how well a vendor
is fulfilling their commitment to service a facility.
A. True
B. False
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0
54.
When determining which distribution method will be most
effective and cost efficient, the method(s) that require more
consideration to the firm’s distributor abilities and associated
costs include:
1. Just In Time Distribution Method
2. Stockless Distribution Method
3. Random Request System
4. Electronic Point of Use System
5. Exchange Cart System
A. 1 and 2
B. 1, 2, and 4
C. 2, 3 and 4
D. All of the above
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55.
Perishable inventory valuation normally follows the
___________ accounting method.
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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Answer Key 12 of 15
56. A
57. B
58. C
59. A
60. B
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56.
Paper work from patient charge sheets which contain patient
labels should be treated like all other PHI and discarded of
properly via shred bins or other approved PHI destruction
methods.
A. True
B. False
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57.
The most common inventory valuation used in the US follows the
___________ accounting method.
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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58.
The most common inventory valuation used in manufacturing
which assumes that all inventory is sold at once follows the
___________ accounting method.
A. First In, First Out (FIFO)
B. Last In, First Out (LIFO)
C. Average Costing
D. Last Price Paid
E. Standard Pricing
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59.
While delivering supplies to the nursing unit, you run into to
Bernice, the choir director at your church. Bernice informs you
that the church pianist, Marty, was just admitted to the cardiac
unit and the physicians think he had a heart attack. Bernice is
going to sit in the waiting area with Marty’s wife and asks that
you initiate the church’s prayer line. You should:
A. Tell Bernice that you cannot due to the need to protect
Marty’s private health information.
B. Tell Bernice that you will initiate the prayer chain
immediately. She is obviously concerned about his friend.
C. Tell Bernice that you will start the prayer chain and hope
that you do not get into trouble as the information could
be a HIPPA compliance issue.
D. Tell Bernice that you will start the prayer chain
immediately that you are confident that it is what Marty
and his wife would want you to do.
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60.
What may be an advantage of utilizing P-Cards (purchasing
cards) in procurement?
A. Difficulty analyzing product volume
B. Processing incentives earned such as “cash-back”
rewards
C. Bypasses trained buyers to validate negotiated pricing
D. May be used to bring in non-standard products
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Answer Key 13 of 15
61. C
62. B
63. C
64. A
65. C
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61.
Which of the following Freight Terms is the most favorable to a
facility?
A. FOB Shipping Point
B. FOB Destination, Prepay Freight
C. FOB Destination
D. FOB Shipping Point, Freight Allowed
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62.
Hospital ABC receives the bulk of its supplies through
distribution. Several complaints have been coming in about
solution bags leaking on the unit. Which step below is low
priority?
A. Contact distributor to report concern.
B. Request a refund for defective product.
C. Physically inspect samples and incoming like products.
D. Contact manufacturer’s product line.
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63.
The following three product lines are under review for
standardization. Which product is probably the easiest to reduce
from several products to one?
A. Hand sanitizer
B. Sterile dressings
C. Adhesive bandages
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64.
Disadvantages to using a Point of Use System (POU) include all
of the following except:
A. Possible reduction in overall inventory
B. Implementation costs
C. Nursing perception of the system being an administrative
burden
D. Non-compliance of clinical staff
E. Maintenance costs
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65.
Standardization of Capital Equipment offers the following
benefits:
1. Provides purchasing leverage
2. Ensures standardization of equipment specific
disposables
3. Reduces time needed to train staff
4. Allows the facility to block unwanted vendors for entry
A. 1 and 2
B. 1 and 3
C. 1, 2, and 3
D. 2, 3, and 4
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Answer Key 14 of 15
66. C
67. B
68. C
69. C
70. A
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66.
A key to purchasing decision making is evaluating total delivered
cost. Which of the choices below is not part of the total cost?
A. Price of the product
B. Shipping charges
C. Cost for substitution when not available
D. Labor for receiving and delivery
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67.
When developing a departmental strategic plan, the manager will
want to use the departmental frame work which consists of
vision, mission, and guiding principles. These should:
A. Align closely with the organization and never change
B. Align closely with and evolve to meet the needs of the
organization
C. Align closely with the organization and only change if the
facility undergoes an acquisition or merger
D. Align closely with the organization and its key suppliers
E. Be independent of the organizations supplies and change
as needed
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68.
The MMIS Implementation pilot is a test of all the following
except:
A. End user knowledge
B. Application functionality
C. IT’s ability to support the system
D. Data conversion accuracy
E. Interface transmittals
F. None of these are applicable
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69.
When developing strategic plans and setting goals for the
department, the manager should utilize the SMART goal process
which includes goals that are:
A. Smart, Measurable, Attainable, Realistic, & Timely
B. Smart, Measurable, Achievable, Representative, &
Timely
C. Specific, Measurable, Attainable, Realistic, & Timely
D. Specific, Measurable, Achievable, Realistic, & Timely
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Answer Key 15 of 15
71. D
72. B
73. D
74. B
75. B
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70.
Utilizing tools such as ECRI and MD Buyline can prove valuable
during capital equipment selection. Their services may be able
to provide information regarding the equipment specifications,
reliability, and service history.
A. True
B. False
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71.
Value Analysis has determined Physician A’s has the highest
cost per procedure compared to her peers. She uses an unique
brand of trocars. What may be done to reduce costs?
A. Negotiate better pricing for Physician A’s brand
B. Review Physician Preference Items with OR
Management
C. Show the cost difference to the Physician
D. All of the above
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72.
Which of the following is NOT a stage in the process
improvement cycle?
A. Define
B. Negotiate
C. Control
D. Improve
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73.
When considering capital equipment purchases, the savvy
consumer will perform the following:
1. Consider the full cost of ownership including replacement parts
and maintenance
2. Utilize services such as ECRI and Buyline to compare
specifications, reliability, and service history
3. Allow clinicians to evaluate the product and request feedback
regarding the equipment ease of use and reliability
4. Seek guidance from the Biomed department for costs
associated with routine maintenance
5. Contact the systems GPO for assistance
6. Conduct a cost analysis for required disposable
A. 1, 2, 4, and 5
B. 1, 2, 5, and 6
C. 2, 3, 4, and 6
D. All of the above
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74.
Receiver B has noted that 15 cases were shipped on a Purchase
Order for 5 cases. The vendor has issued a Return Goods
Authorization. The RGA will provide the following information:
A. Address to return the goods
B. Purchase order information to offset billing/invoices
C. Sales contact information to re-order items
D. A and B
E. A and C
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75. (1 of 2)
Paul Fain, RN works in your organization as a surgery nurse. He is
considered an expert in orthopedic surgeries and frequently works as
the first assist for the busiest total knee implant surgeon in your facility.
The Surgery Inventory Specialist just made you aware that Paul had
dropped off a bill only request for a total knee case which he
participated in as the vendor representative. The Inventory Specialist
was concerned with Paul’s apparent new role. He reached out to
surgery to confirm that Paul is also still functioning as an OR Nurse. As
a leader, what should you do?
1. Advise the Inventory Specialist to not make a big deal of the
situation since this happens frequently when nurses think they
want to change to a vendor role. Paul will probably return to
nursing and everything will be normal in no time.
2. Call Paul’s immediate leader to discuss the concern with her.
3. Report the concern to the Corporate Integrity Office as this is
clearly a conflict of interest.
4. Make a mental note to discuss with Paul when you see him
next. He may not be aware of the potential conflict of interest.
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75. (2 of 2)
(Repeated from previous slide)
1. Advise the Inventory Specialist to not make a big deal of the
situation since this happens frequently when nurses think they
want to change to a vendor role. Paul will probably return to
nursing and everything will be normal in no time.
2. Call Paul’s immediate leader to discuss the concern with her.
3. Report the concern to the Corporate Integrity Office as this is
clearly a conflict of interest.
4. Make a mental note to discuss with Paul when you see him
next. He may not be aware of the potential conflict of interest.
A. 2 and 4
B. 2 and 3
C. 1, 3 and 4
D. 2, 3, and 4
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Summary and Action Items
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Learning Objectives
You should now be able to:
1. Identify the “basics” of the CMRP Certification Exam,
including the role of the AHA-CC, exam eligibility, the five
major content areas, and cognitive levels (“types of
questions”).
2. Identify and obtain CMRP resources based on your learning
preferences and area(s) of focus.
3. Develop a personalized CMRP Study Plan to prioritize,
schedule, and record CMRP study sessions.
4. Answer 70+ practice questions, and discuss reasoning, tips,
and techniques with the presenters and other participants.
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Summary
AHRMM will send you the following:
Answer Key
Webinar Post-Survey Link
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Action Items
Complete the webinar survey*
Required to earn your Certificate of Completion
Print and Review
Part II PowerPoint questions and answers*
Quick Reference Guide**
CMRP Handbook**
Study Plan and Study Plan Calendar**
Access additional resources on AHRMM website
* Will be emailed to you.
** Was emailed to you on 6/8/15
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Questions?
2 ways to ask a
Question:
1. Press and wait for the operator to ask a
question verbally. Be sure to speak clearly into
your phone or headset.
2. Type your question in the chat box at bottom of
your screen.