Free CIPS L2M1 Exam Questions
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CIPS L2M1 Exam Questions
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Provided By: CIPS
- Exam: CORE Level 2 Introducing Procurement and Supply
- Certification: Level 2 Certificate in Procurement and Supply Operations
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Total Questions: 175
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Updated On: Feb 20, 2025
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Rated: 4.9 |
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Online Users: 350
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Question 1
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Lower price does not always equate to lower cost, e.g. could be lower quality, which could result in higher costs further down the line.
Answer: A
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Question 2
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At what stage of the tendering process would you make a recommendation and seek approval from an authorised person before awarding the contract?
Answer: A
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Question 3
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Budget variances can be temporary or permanent
Answer: A
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Question 4
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There are three sectors that all business activity fits into, which sector is concerned with extracts raw materials from the Earth? (e.g. mining coal, drilling oil, extracting metal, farming crops and fishing)
Answer: A
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Question 5
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What 3 elements should be included in a company’s CSR policy?
Answer: A,B,C
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