Free CIPS L2M1 Exam Questions

Become CIPS Certified with updated L2M1 exam questions and correct answers

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Total 175 Questions | Updated On: Jan 10, 2025
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Question 1

Budget variances can be temporary or permanent


Answer: A
Question 2

Purchases can be made under a framework agreement by the way of what?


Answer: A
Question 3

What type of purchase would you be making for things that are of value to a business, such as machinery or buildings? They are assets to a business, and their value depreciates over time.


Answer: A
Question 4

A contract can be amended if both parties are in agreement, for example, to revise quantities, KPIs, payment terms, length of contract, etc.


Answer: A
Question 5

An individual or organisation who is the end user of the goods or services that have been produced or supplied is known as what?


Answer: B
Page:    1 / 35      
Total 175 Questions | Updated On: Jan 10, 2025
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