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: 585
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Updated On: Sep 04, 2026
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Rated: 4.9 |
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Online Users: 1170
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Question 1
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Which of the following is the act of entering into a financial contract in order to protect against unexpected, expected or anticipated changes in currency exchange rates?
Answer: D
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Question 2
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Which beneficial outcomes would result from a procurement decision to change supply to alocal sourcefor aservices contract?Select TWO that apply
Answer: B,C
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Which beneficial outcomes would result from a procurement decision to change supply to alocal sourcefor aservices contract?Select TWO that apply
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Question 3
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Using a weighted scorecard to assess and compare supplier proposals is beneficial for which of the following
reasons?
Answer: B
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Using a weighted scorecard to assess and compare supplier proposals is beneficial for which of the following
reasons?
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Question 4
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Murray has to evaluate a prospective supplier’s financial performance for a long-term project. He notices that the supplier’s long-term debt is twice as much as its equity. What is the most probable inference about the supplier’s financial condition?
Answer: B
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Question 5
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The use of Incoterms will eliminate all risks involved in international trade transactions. Is this statement true?
Answer: A
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The use of Incoterms will eliminate all risks involved in international trade transactions. Is this statement true?