Cips spoto sure Pass Exam L4m2 Pdf by Noa q86 vce pdf

Page: 6 / 22

Exam Name:	Defining Business Needs
Exam Code:	L4M2 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	303 Q&A's	Shared By:	noa

Question 24

Which of the following content should a performance specification feature? Select TWO that apply.

Options:

Exact details of the packaging

Outcomes to be achieved

Drawings of the required product

Required quality level

Approved/excluded materials requirements

Discussion

Question 25

Which of the following positively affects a buyer's company cash flow? Select TWO that apply:

Options:

A customer agrees to pay the buyer's company upon purchase

Buyer’s company offers sales discounts and promotions

A supplier reduces its payment terms to payment on receipt

The bank grants a loan to the buyer's company

Payment of dividends to the buyer company shareholders

Discussion

Question 26

Standards are documents that stipulate or recommend minimum levels of performance and quality levels of goods and services. The government is the only source of any standards that are applied by businesses in nations. Is this correct?

Options:

Yes, the only other possible source is through international initiatives such as ISO

Yes, because a country has a national body that regulates standards within the nation

No, governments only create standards for products related to national security

No, standards can be generated internally by other organisations besides the government and ISO

Discussion

Honey

I highly recommend it. They made a big difference for me and I'm sure they'll help you too. Just make sure to use them wisely and not solely rely on them. They should be used as a supplement to your regular studies.

Antoni Nov 12, 2025

Good point. Thanks for the advice. I'll definitely keep that in mind.

Inaaya

Are these Dumps worth buying?

Fraser Nov 16, 2025

Yes, of course, they are necessary to pass the exam. They give you an insight into the types of questions that could come up and help you prepare effectively.

Hendrix

Great website with Great Exam Dumps. Just passed my exam today.

Luka Nov 19, 2025

Absolutely. Cramkey Dumps only provides the latest and most updated exam questions and answers.

Kingsley

Do anyone guide my how these dumps would be helpful for new students like me?

Haris Nov 17, 2025

Absolutely! They are highly recommended for anyone looking to pass their certification exam. The dumps are easy to understand and follow, making it easier for you to study and retain the information.

Question 27

Azram, a procurement analyst, has been tasked with applying whole life asset management when purchasing laboratory equipment. Was this the correct course of action?

Options:

Yes, because this focuses only on the price of the equipment

Yes, because this considers all associated costs

No, because this considers the costs of quality

No, because this covers various transactional costs