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SAVE International CVS Exam Syllabus Topics:

SAVE International Certified Value Specialist Sample Questions:

1. Innovation styles, also known as creativity types, include

A) Analyzing, testing, and illustrating
B) Factfinding, brainstorming, and transforming
C) Visioning, modifying, and experimenting
D) Exploring, adapting, and brainstorming

2. What is the correct order for the management of change stages?

A) Adaptation to change, acknowledgement, defensive retreat, shock
B) Defensive retreat, shock, acknowledgement, adaptation to change
C) Shock, defensive retreat, acknowledgement, adaptation to change
D) Acknowledgement, shock, defensive retreat, adaptation to change

3. A well-managed VM program will include a process
Choose 2 answers.

A) for selecting subjects for VM studies.
B) for identifying when a VM study should be applied to a subject.
C) to guarantee a return on investment from each VM study.
D) that requires a VM study on each subject.

4. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What is the annual cost for Car C for the service life of the vehicle?

A) $198,000
B) $18,000
C) $36,000
D) $216,000

5. Subject information:
Service Life = 12 years
Fuel = $9.00 per liter
Annual kilometers driven = 40,000 kilometers
Car A: Paid $40,000 , needs batteries every two years at $600 , needs tires every two years at $1,000 , fuel efficiency = 10 kilometers per liter .
Car B: Paid $50,000 , needs tires every two years at $2,000 , fuel efficiency = 15 kilometer per liter .
Car C: Paid $60,000 , needs tires every two years at $4,000 , fuel efficiency = 20 kilometer per liter .
What are the repair and replacement costs for Car B for the service life of the vehicle?

A) $4,000
B) $10,000
C) $12,000
D) $6,000

Solutions: