Free CIPS L4M4 Exam Questions
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CIPS L4M4 Exam Questions
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Provided By: CIPS
- Exam: Ethical and Responsible Sourcing
- Certification: CIPS Certification
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Total Questions: 486
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Updated On: Mar 27, 2025
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Rated: 4.9 |
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Online Users: 972
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Question 1
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The procurement team received an urgent request from the business to source quotations for pestcontrol
services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate
approach to use in the circumstances?
Answer: B
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The procurement team received an urgent request from the business to source quotations for pestcontrol
services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate
approach to use in the circumstances?
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Question 2
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Which of the following are factors that a buying organisation should take into account in Make or Buy decisions?1. Type of purchase2. The product or service3. Buying organisation's current position4. Evaluation of shortlisted suppliers
Answer: C
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Question 3
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Sourcing products internationally involves extra considerations when looking at the price of the item. Which of the following are additional price considerations for international sourcing? Select TWO
Answer: A,C
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Question 4
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The bill of lading is one of the main documents associated with sea freight within international sourcing.
Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.
Answer: A,B
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The bill of lading is one of the main documents associated with sea freight within international sourcing.
Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.
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Question 5
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The procurement manager has received the following data from the supplier's accounts to facilitate thecalculation of the supplier's current ratio:Current Assets: Stock $200; Debtors $60; Cash $40; Total $300Short Term Liabilities: Bank overdraft $150Which calculation will the procurement manager use to find out the current ratio?
Answer: B
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The procurement manager has received the following data from the supplier's accounts to facilitate thecalculation of the supplier's current ratio:Current Assets: Stock $200; Debtors $60; Cash $40; Total $300Short Term Liabilities: Bank overdraft $150Which calculation will the procurement manager use to find out the current ratio?