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 L4M4 Dumps with Practice Exam Questions Answers

Questions: 282 Questions and Answers With Step-by-Step Explanation

Last Update: Jan 17, 2026

L4M4 Question Includes: Single Choice Questions: 233, Multiple Choice Questions: 49,

L4M4 Questions and Answers

Question # 1

When using a 'credit account' payment mechanism, when does a supplier receive payment for the goods?

A.

after delivery

B.

in advance of delivery

C.

when they receive the PO

D.

before the order is placed

Question # 2

A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and make sure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?

A.

Gearing ratio

B.

Acid test

C.

Profit and loss account

D.

Annual turnover

Question # 3

If a commodity index shows that the price of a commodity is continually rising, what does this indicate about the market?

A.

that there is little demand in the marketplace

B.

demand is exceeding supply

C.

there is a threat of substitution

D.

the marketplace is a monopoly

Question # 4

When working closely with a supplier, waste can be reduced which can lead to improved business functions and cost savings. Which of the following are wastes that can be removed from the supply chain? Select THREE.

A.

Over-analyzing

B.

Barriers

C.

Motion

D.

Waiting

E.

Inventory

Question # 5

Phishing is a type of fraud that is commonly associated with which industry?

A.

Agriculture

B.

Mining

C.

IT

D.

Construction

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CIPS L4M4 Practice Exam FAQs

1. What is the CIPS L4M4 Exam?


The CIPS L4M4 exam, titled Ethical and Responsible Sourcing, is a core module of the CIPS Level 4 Diploma in Procurement and Supply. It evaluates knowledge of sourcing strategies, supplier analysis, and ethical procurement practices.

2. What is the exam format for CIPS L4M4?


The CIPS L4M4 exam is computer-based or remote invigilated, lasts 90 minutes, and typically includes around 60 objective response questions.

3. How does L4M4 differ from other CIPS Level 4 modules?


L4M4 focuses specifically on ethical and responsible sourcing, while other modules cover areas like procurement principles, negotiation, and contract management.

4. Who should take the CIPS L4M4 Exam?


It is designed for procurement professionals, supply chain managers, and students pursuing the CIPS Level 4 Diploma who want to strengthen their knowledge of ethical sourcing and supplier evaluation.

5. What topics are covered in the CIPS L4M4 syllabus?


The exam covers:

  • Options for sourcing requirements from suppliers

  • Processes for analyzing potential external suppliers

  • Ethical and responsible sourcing practices

  • Award criteria and supplier evaluation methods

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Yes, our L4M4 dumps and real questions are updated regularly to reflect actual exam patterns and help you focus on core topics likely to appear in the real L4M4 exam.

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