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CIPS Updated L4M2 Exam Questions and Answers by gwen

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CIPS L4M2 Exam Overview :

Exam Name: Defining Business Needs
Exam Code: L4M2 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 237 Q&A's Shared By: gwen
Question 44

Which type of specification is less time-consuming to develop?

Options:

A.

Outcome-based specification

B.

Design specification

C.

Conformance specification

D.

Technical drawings

Discussion
Question 45

Which of the following are 'secondary sources' of data for costs and prices?

    Industry press

    Published economic indices

    Trade fairs

    Buyer's database on market data

Options:

A.

1 and 2 only

B.

2 and 3 only

C.

1 and 4 only

D.

3 and 4 only

Discussion
Billy
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Inaaya
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Question 46

What is a form of testing used to establish if a supplier is meeting the requirements of a specification?

Options:

A.

Functional testing

B.

Acceptance testing

C.

User testing

D.

Performance testing

Discussion
Question 47

Which of the following are typical social considerations throughout the contract life cycle? Select the TWO that apply.

Options:

A.

Using recycled materials

B.

Minimizing use of non-renewable resources

C.

Support small local businesses

D.

Managing waste

E.

Health and safety

Discussion
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