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Free L4M4 Exam Questions - CIPS L4M4 Exam

CIPS L4M4 Exam

Ethical and Responsible Sourcing

Total Questions: 120

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CIPS L4M4 Exam Sample Questions:

Q1.

A Request for Quotation asks a supplier to submit a price only, with no other details provided. Is this TRUE?

Q2.

Jamilla is looking to find a new supplier who can deliver raw materials of wood and paper to her company Woody Manufacturing Incorporated. The requirement is for regular orders of high volume. She has issued a Request for Quotation. What will this assess the suppliers on?

Q3.

What information would you expect to find on a supplier's response to a 'Request for Information'? Select TWO

Q4.

Raja is a procurement manager who is keen to gain further insight into the current marketplace and whether local suppliers are capable to provide a service he is looking to procure. He wishes to test the market before he begins a formal tender process. What should Raja do?

Q5.

Which of the following items would you expect to find on a balance sheet? Select THREE

Solutions:
Question: 1 Answer: C
Question: 2 Answer: C
Question: 3 Answer: A, C
Question: 4 Answer: A
Question: 5 Answer: A, B, D
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