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 L4M2 Dumps with Practice Exam Questions Answers

Questions: 144 questions With Step-by-Step Explanation

Last Update: Jul 10, 2024

L4M2 Question Includes: Single Choice Questions: 119, Multiple Choice Questions: 25,

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L4M2 Questions and Answers

Question # 1

Why should the buying organisation require the supplier to carry out acceptance testing?


To get the approval from the senior management


To check whether the product matches the specification


To compare between the account payables and account receivables


To see whether the supplier engages in unethical business practice

Question # 2

In 2016, ANA Airlines had to cancel some of its flight. The airline said it had discovered the cracks to the jet engine turbine blades. What should ANA procurement team do next to solve this problem?


Collect data to identify the root cause


Generate options addressing the issue


Analyse the situation and draw conclusion


Assess the risks


Define the ideal solution

Question # 3

A company has a lists of items that make up 15% of total spend. These items also do not largely impact on quality of final product. The supply continuity is secured. Which of the following will be the most appropriate managing approach to purchase these items?


Enhance supply continuity


Simplify procurement process


Build partnership with suppliers


Drive down cost based on market competition

Question # 4

Robert is a senior buyer at MMC Construction Ltd. His company is doing multiple development projects in the country, which increases procurement workload significantly. Meanwhile, most of the tasks are handled manually, which causes bottlenecks in the workflows. The procurement team is overwhelmed by the workload and complains from other departments. From previous experience, Robert knows that electronic system may help his procurement team. He writes a business case to submit to the senior management, in which he insists on the possible productivity improvement by adopting e-system in procurement. Is Robert's action reasonable?


No, there's no need to make a business case for new purchase


Yes, productivity improvement is a mandatory element in every business case


No, adopting e-system may make procurement department jobless


Yes, his reason may appeal the senior management

Question # 5

Department for Transport (DfT) needs to buy new locomotives to expand the capacity of trains fleet. In 2009, they were criticized for beginning the procurement “without any clear idea of how many trains would be needed, which routes they would run on and what form of power would be required”. What should procurement manager of DfT do first to manage risk in making the specification?


Identify the possible risks


Monitor the potential risks


Implement mitigating actions


Assess the potential risks