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CIPS Updated L3M2 Exam Questions and Answers by ishaq

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CIPS L3M2 Exam Overview :

Exam Name: Ethical Procurement and Supply
Exam Code: L3M2 Dumps
Vendor: CIPS Certification: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations
Questions: 90 Q&A's Shared By: ishaq
Question 24

Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:

Options:

A.

Embezzlement

B.

Extortion

C.

Fraud

D.

Bribery

Discussion
Question 25

Which of the following is not a concept related to quality management?

Options:

A.

SPC

B.

FMEA

C.

TQM

D.

SPQR

Discussion
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Question 26

Spot the odd one out.

Options:

A.

Effectiveness

B.

Ecology

C.

Efficiency

D.

Economy

Discussion
Question 27

It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?

Options:

A.

Replace the Head of Procurement

B.

Use competition to find suppliers with lower prices

C.

Provide effective negotiation training for procurement staff

D.

Increase stockholding of the materials in QUESTION NO: to ensure supply

Discussion
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