CIPS L4M4 Actual Free Exam Questions & Community Discussion

Which of the following are remedial actions that may be undertaken by the purchasing organisation following a supplier audit? Select the TWO that apply.

Placing varied importance on different sections of a tender submission is known as what?

Azram is a facilities category buyer within the UK police force and is managing an overseas sourcing project for police uniform and personal protective equipment. Azram is of the opinion that international sourcing will help deliver much-needed financial savings, which can be utilized in other areas of the UK police force.
Azram is aware that exchange rate fluctuations can create risk for his organisation. How can Azram remove this risk?

Which of the following is not a type of fraud that procurement professionals should be vigilant for?

A procurement manager has developed some reports in order to analyse total company expenditure on bought- in goods and services from external suppliers. Expenditure information by product category or supplier can achieve which of the following? Select TWO that apply.

What might a buyer encounter if the supplier's government has introduced a protectionist measure?

When evaluating a supplier's proposal in relation to ESC (Environmental, Social, Governance, and ethical elements), it is common to send questionnaires to suppliers requesting information, which can later be scored.
Which of the following questions would be assessing any of the ESC criteria?
Could you provide details on your manufacturing and raw material costs as part of an open-book pricing contract?
How do you promote equal opportunity for your employees, customers, and suppliers?
What is the annual turnover and profitability of your company?
Does your company have an anti-bribery policy?

A 'carnet' provides evidence of the origin of goods shipped in an international trade transaction. Is this statement correct?

Which is an example of a criterion for supplier selection during a tender for a hospital build to demonstrate the people element of the 'triple bottom line'?

What type of relationship should a buyer seek when making strategic sourcing for their business?

Other than price, what should a buyer consider when evaluating supplier quotations?
* Lead times
* Add-on costs
* Wastage rates
* Past performance

Which instance would multiple sourcing be the most applicable approach?

An organisation within the European Union (EU) wants to import an item from outside of the EU. Which of the following is a valid shipping document?

In which type of sourcing arrangement would the development of astrategic alliancebe the most appropriate?