Free CIPS L2M2 Exam Questions
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CIPS L2M2 Exam Questions
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Provided By: CIPS
- Exam: CORE Level 2 Procurement and Supply Operations
- Certification: Level 2 Certificate in Procurement and Supply Operations
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Total Questions: 156
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Updated On: Nov 11, 2024
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Rated: 4.9 |
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Online Users: 312
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Question 1
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When the person receiving the offer accepts it unconditionally, what is it known as?
Answer: A
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When the person receiving the offer accepts it unconditionally, what is it known as?
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Question 2
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What type of contract is it when the price is agreed, the goods are supplied, and the relationship ends?
Answer: C
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What type of contract is it when the price is agreed, the goods are supplied, and the relationship ends?
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Question 3
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No win no fee is an example of risk and reward pricing
Answer: A
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No win no fee is an example of risk and reward pricing
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Question 4
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Unincorporated companies are considered by law to be separate from their owners. True or false?
Answer: B
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Unincorporated companies are considered by law to be separate from their owners. True or false?
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Question 5
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What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?
Answer: D
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What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?