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 L4M4 Dumps with Practice Exam Questions Answers

Questions: 180 questions With Step-by-Step Explanation

Last Update: Dec 1, 2024

L4M4 Question Includes: Single Choice Questions: 147, Multiple Choice Questions: 33,

L4M4 Exam Last Week Results!

20

Customers Passed
CIPS L4M4

94%

Average Score In Real
Exam At Testing Centre

95%

Questions came word by
word from this dump

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L4M4 Questions and Answers

Question # 1

Mark is a category manager responsible for buying large pieces of laboratory equipment in the public (government) sector. Which of the following Incoterms would ensure that an overseas supplier is responsible for paying all delivery costs, including import duties and taxes for these goods?

A.

FAS

B.

EXW

C.

DPU

D.

DDP

Question # 2

A supplier operates in a monopolistic market where the threat of entry is low. The product that they offer is key in manufacturing certain types of submarines and there is no known substitute for the product at present. What type of sourcing relationship is a buyer likely to have with this supplier?

A.

single sourced

B.

sole sourced

C.

multiple sourced

D.

dual sourced

Question # 3

Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.

A.

The company's criteria for make or buy decisions

B.

The financial stability of the company

C.

Procedures on intra-company trading

D.

The company’s employee working conditions

E.

The company's code of ethics

F.

The company's policy on carbon emissions

Question # 4

During which stage of the procurement cycle would you remove suppliers that do not add value, or could pose a risk to the buying organisation?

A.

develop strategy

B.

supplier selection

C.

contract award

D.

asset management

Question # 5

Which of the following financial documents would show whether a supplier has sufficient funds to pay their subcontractors in the short term?

A.

balance sheet

B.

ESG policy

C.

profit and loss account

D.

cash flow statement