L4M4 Question Includes: Single Choice Questions: 233, Multiple Choice Questions: 49,
When using a 'credit account' payment mechanism, when does a supplier receive payment for the goods?
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?
If a commodity index shows that the price of a commodity is continually rising, what does this indicate about the market?
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.
Phishing is a type of fraud that is commonly associated with which industry?
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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.
The CIPS L4M4 exam is computer-based or remote invigilated, lasts 90 minutes, and typically includes around 60 objective response questions.
L4M4 focuses specifically on ethical and responsible sourcing, while other modules cover areas like procurement principles, negotiation, and contract management.
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.
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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