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CIPS Updated L4M4 Exam Questions and Answers by gabrielle

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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: 301 Q&A's Shared By: gabrielle
Question 84

Which of the following incoterms has the lowest risk to the buyer?

Options:

A.

exworks

B.

delivered duty paid

C.

carriage and insurance paid to

D.

free on board

Discussion
Question 85

A public sector buyer has run a competitive tender, for which there were eight bidders. All bidders have met the public sector organisation's minimum standards. In addition, they must also meet several other requirements. The buyer will make the contract award decision based on which of the following?

Options:

A.

Weighted criteria

B.

The supplier location

C.

Framework agreement terms

D.

The bidder's price

Discussion
Question 86

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?

Options:

A.

Evaluate international supplier’s financial accounts

B.

Carry out a competitive tender exercise

C.

Request to use the exchange rate applicable at the time of delivery

D.

Ask suppliers to quote in GBP Sterling

Discussion
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Question 87

A buyer has discovered their supplier has taken the passports of some of their workforce. The supplier has offered the buyer a discount against the contract, but the discount only applies if the buyer does not report this finding. Which ethical concerns should the buyer report to the necessary stakeholders?

Fraudulent activity

Bribery

Modern slavery

Breach of confidentiality

Options:

A.

2 and 3 only

B.

1 and 3 only

C.

1 and 4 only

D.

2 and 4 only

Discussion
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