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CIPS Updated L4M4 Exam Questions and Answers by izabella

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CIPS L4M4 Exam Overview :

Exam Name: Ethical and Responsible Sourcing
Exam Code: L4M4 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 120 Q&A's Shared By: izabella
Question 24

Pre-qualification of suppliers is used to determine if the suppliers meet the basic requirements of the buying organisation. Which of the following is assessed at the pre-qualification stage?

Options:

A.

capacity, capability and pricing structure

B.

pricing structure, ethics and financial stability

C.

financial stability, capacity and capability

D.

capability, culture and pricing schedules

Discussion
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Question 25

Which of the following should be considered when calculating ratios relating to a supplier's liquidity?

Options:

A.

inventory

B.

reserves

C.

receivables

D.

profit

Discussion
Question 26

Dylan is looking to appoint a new supplier of paint to his manufacturing business. The paint will be used to paint buses and taxis and therefore needs to be high quality and durable. Which of the following should Dylan look for in terms of quality management when appraising the suppliers?

Options:

A.

ISO9001

B.

Carter's 10 Cs

C.

ESG

D.

conformance specification

Discussion
Question 27

Under what circumstances can a buyer reduce timescales for a tender in the Public Sector?

Options:

A.

if tenders are received by electronic submission exclusively

B.

if the competition is restricted

C.

if there are fewer than 5 bidders

D.

when the tender is of low value

Discussion
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