Free CIPS L3M4 Exam Questions

Question 1

An office manager buys some wallpaper based on samples, only to find the batch of paper delivered is of a slightly different colour than the sample provided. Is this an implied term covered under sale by description?

A : No, it is sale by sample. The bulk does not correspond with the sample

B : Yes, it is sale by description. The wallpaper is not the correct colour

C : No, it is not of satisfactory quality. The wallpaper is not fit for purpose intended

D : Yes, it is sale by description. The wallpaper does not conform to the description

Answer: A

Question 2

Which of the following would be most suitable for a one-off purchase agreement?

A : New desk fans for a sales office

B : Copy paper for a printing supplier

C : Installation of and support for new HR software

D : Supply of vegetables for an office canteen

Answer: C

Question 3

Which of the following is a qualitative key performance indicator?

A : To increase on-time in-full deliveries by 40%

B : To reduce costs by 10% over a year

C : To improve customer relationships by 20%

D : To reduce the defect rate to below 25%

Answer: C

Question 4

While it is recognised that longer-term contracts have the potential to drive significant benefits for the organisation, a number of situations are more suited to making one-off purchases. Which of the below situations is likely to be more suited to a one-off purchase?

A : The ordering of equipment for a special project

B : A requirement for the maintenance of buildings

C : The purchase of compatible IT infrastructure equipment

D : The purchase of internal and external audit services

Answer: A

Question 5

While it is recognised that longer-term contracts have the potential to drive significant benefits for the organisation, a number of situations are more suited to making one-off purchases. Which of the below situations is likely to be more suited to a one-off purchase?

A : The ordering of equipment for a special project

B : A requirement for the maintenance of buildings

C : The purchase of compatible IT infrastructure equipment

D : The purchase of internal and external audit services

Answer: A