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 L3M3 Dumps with Practice Exam Questions Answers

Questions: 90 Questions and Answers With Step-by-Step Explanation

Last Update: Jan 6, 2026

L3M3 Question Includes: Single Choice Questions: 83, Multiple Choice Questions: 7,

L3M3 Questions and Answers

Question # 1

A ‘cause and effect’ or ‘fishbone’ diagram is also commonly known as:

A.

A Murakami diagram

B.

A Fukushima diagram

C.

An Ishiguro diagram

D.

An Ishikawa diagram

Question # 2

Which one of the following is a trading bloc?

A.

EFTA

B.

EFTAT

C.

EFTPOS

D.

EFT

Question # 3

A sum of money credited to a buyer by a seller in recognition of a large volume of purchases bought throughout the previous year might be called a:

A.

Retrospective rebate

B.

Vendor debit

C.

Historic refund

D.

Retrospective reward

Question # 4

The legal lessons included in this course are based on:

A.

Scots law

B.

English law

C.

British law

D.

European law

Question # 5

What is the name given to costs which do not vary as activity levels in a business increase or de-crease?

A.

Variable costs

B.

Indirect costs

C.

Direct costs

D.

Fixed costs

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CIPS L3M3 Practice Exam FAQs

1. What is the CIPS L3M3 Exam?


The CIPS L3M3 Exam, officially titled Contract Administration, is part of the CIPS Level 3 Advanced Certificate in Procurement and Supply Operations. It focuses on the administrative content and key tasks associated with managing commercial contracts, including compliance, documentation, and supplier relationships.

2. What is the format of the CIPS L3M3 Exam?


The L3M3 Exam is computer-based and usually includes around 60 multiple-choice questions. Each question evaluates your practical knowledge of contract processes and procurement fundamentals.

3. What are the official topics covered in the CIPS L3M3 Exam?


The L3M3 exam syllabus includes:

  • Identifying types of contracts and agreements

  • Understanding administrative content of contracts

  • Managing contract documentation and records

  • Monitoring supplier performance

  • Ensuring compliance with contractual obligations

  • Handling variations, disputes, and contract closure

4. Who should take the CIPS L3M3 Exam?


It is ideal for procurement professionals, supply chain administrators, and students pursuing the CIPS Level 3 Advanced Certificate who want to strengthen their knowledge of contract administration.

5. What is the difference between CIPS L3M3 and L3M6 Exams?


L3M3 focuses on Contract Administration, while L3M6 covers Socially Responsible Procurement. L3M3 emphasizes contract management tasks, whereas CIPS L3M6 explores ethical, environmental, and social responsibility in procurement.

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Yes, Dumpstool provides L3M3 real questions, exam dumps, and practice questions verified against the latest syllabus to ensure accuracy and relevance.

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Our success guarantee ensures that if you fail the exam after using our verified L3M3 study materials, you are eligible for a full money-back refund.

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