Free CIPS L4M4 Exam Questions
Absolute Free L4M4 Exam Practice for Comprehensive Preparation
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CIPS L4M4 Exam Questions
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Provided By: CIPS
- Exam: Ethical and Responsible Sourcing
- Certification: CIPS Certification
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Total Questions: 486
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Updated On: May 12, 2025
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Rated: 4.9 |
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Online Users: 972
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Question 1
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What are the advantages of using weighted points system for bid assessment? Select TWO that apply:
Answer: C,D
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What are the advantages of using weighted points system for bid assessment? Select TWO that apply:
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Question 2
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Which of the following are ratios that measure a supplier's liquidity? Select THREE that apply
Answer: A,D
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Which of the following are ratios that measure a supplier's liquidity? Select THREE that apply
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Question 3
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The procurement team received an urgent request from the business to source quotations for pestcontrol
services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate
approach to use in the circumstances?
Answer: B
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The procurement team received an urgent request from the business to source quotations for pestcontrol
services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate
approach to use in the circumstances?
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Question 4
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A procurement manager of a medium-sized company has suggested to their executive board that
implementing an ISO environmental standard would improve procurement practices and reduce
environmental and social impacts. However, some colleagues are concerned about the potential complexity
and supplier resistance. Should the company go ahead with the recommendation?
Answer: A
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A procurement manager of a medium-sized company has suggested to their executive board that
implementing an ISO environmental standard would improve procurement practices and reduce
environmental and social impacts. However, some colleagues are concerned about the potential complexity
and supplier resistance. Should the company go ahead with the recommendation?
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Question 5
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A procurement professional is sourcing spark plugs for his automotive company. He realises that although the spend on spark plug only occur about 1% of a car's total cost, but lacking this component would have a significant impact on the car's quality and safety. There are many suppliers available which locate in different countries and their product quality is not much different from each other. According to Kraljic's matrix, spark plugs are examples of which of the following categories?
Answer: B
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A procurement professional is sourcing spark plugs for his automotive company. He realises that although the spend on spark plug only occur about 1% of a car's total cost, but lacking this component would have a significant impact on the car's quality and safety. There are many suppliers available which locate in different countries and their product quality is not much different from each other. According to Kraljic's matrix, spark plugs are examples of which of the following categories?