Cips techtarget pass Using L4m4 Exam Dumps by Hamzah q0 vce pdf

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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	120 Q&A's	Shared By:	hamzah

Question 8

Which of the following payment mechanisms is most beneficial to the supplier?

Options:

open account

cash in advance

sight draft

letter of credit

Discussion

Question 9

A balance sheet will show a company's assets, liabilities and shareholder equity. What is share-holder equity?

Options:

the profit from sales once tax has been deducted

the amount of money held in the company's bank account

the owners' residual claim once all debt has been paid

the amount of money from retained earnings

Discussion

Question 10

In the Public Sector, what is the evaluation criteria most often used when evaluating bids fromsuppliers?

Options:

Most Economically Advantageous Tender

Best Value for Money

Cheapest Overall Tender

Best Business Fit

Discussion

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Question 11

If a company is described as 'liquid' what does this mean?

Options:

the company is funded on equity rather than debt

the company spends a lot of money

the company is highly profitable