Free CIPS L3M1 Exam Questions

An arrangement between a buyer and a supplier in which they agree to apportion benefits (such a reduced costs, or increased outputs) arising from particularly sound contract performance may be called:

Which one of the following is a commercial document issued by a seller seeking payment for goods or services?

Thinking of the STEEPLED factors which may impact long-term on an organisation, under which one heading would the following appear: growth trends, unemployment patterns, incomes, interest rates exchange rates and tax rates?

‘The value of a commodity or service measured in terms of the standard monetary unit’ describes:

Which one of the following is a document describing the requirement of a buying organisation, and may be used in seeking quotations or in a tender process? It may take the form of a written description, drawing, model, chemical formula, etc.