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CIPS Updated L4M4 Exam Questions and Answers by dana

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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: dana
Question 76

Jamilla is looking to find a new supplier who can deliver raw materials of wood and paper to her company Woody Manufacturing Incorporated. The requirement is for regular orders of high volume. She has issued a Request for Quotation. What will this assess the suppliers on?

Options:

A.

who can deliver the items the cheapest

B.

who can deliver the highest quality items

C.

the five rights of procurement

D.

which price is the most ethical

Discussion
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Question 77

What are some of the benefits of conducting unscheduled supplier audits? Select TWO that apply.

Options:

A.

Unscheduled audits significantly reduce costs compared to scheduled visits

B.

Unscheduled audits help to achieve an unbiased assessment

C.

Unscheduled audits help to identify non-compliance issues

D.

Unscheduled audits increase the risk of providing misinformation

E.

Unscheduled audits are more time-efficient than scheduled audits

Discussion
Question 78

A restricted tender process involves supplier selection. This process focuses on which of the following?

    Production capacity

    Decommissioning costs

    Total life cost

    Financial stability

Options:

A.

1 and 2 only

B.

1 and 5 only

C.

1 and 4 only

D.

2 and 4 only

Discussion
Question 79

A business may be faced with the challenge of deciding whether to source some of its requirements from external suppliers or whether to make them internally. Which of the following factors is likely to justify the decision to make the requirements internally?

Options:

A.

The other suppliers are using older technology

B.

The availability of in-house competencies and capacity to carry out the production

C.

External suppliers are likely to be overcharging

D.

External sourcing involves cumbersome tendering procedures

Discussion
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