Free CIPS L4M3 Exam Questions

Become CIPS Certified with updated L4M3 exam questions and correct answers

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Total 193 Questions | Updated On: Jan 09, 2025

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Question 1

A purchase order can become a contract between supplier and purchaser if it is...?

A : ued by the buyer

B : ceived by the supplier

C : cepted by the supplier

D : ited by the supplier

Answer: C

Question 2

You are to do the KPIs and targets for international supplier and the following was done
1. Delivery in an hour
2. Return orders in an hour
Is that a good thing or not?

A : , the higher the targets are, the better the outcomes will be

B : , because the KPIs are not a realistic and justified

C : , because these targets will propel the suppliers to continuous improvement

D : , the local suppliers are always the best choice

Answer: B

Question 3

Crown Commercial Service signed a four-year framework agreement with three suppliers on providing street lightning services. When the services are needed, the agency holds a mini competition. Eventually, the deal was awarded to Amey Public Services (APS) which was not listed as a supplier on the framework. Is this action compliant with legal requirement?

A : , because APS tender matched all Crown Commercial Service’s requirement

B : No, because APS tender had not been evaluated before contract award

C : , because once the framework agreement is set up, no additional suppliers can be added to it

D : , because the intention had been to award the contract to APS in line with the framework agreement

Answer: C

Question 4

Which of the following are true statements about RFQ process? Select TWO that apply.

A : Q process creates heavier administrative burdens than tendering process

B : ice is often the only variable in the RFQ and quotations

C : ying organisation should only send RFQ to pre-qualified suppliers

D : Q process is not suitable for low value purchase

E : Q process requires the suppliers to submit their technical proposals

Answer: B,C

Question 5

Which of the following is set down in statute as a liability that exists without any need to prove fault?

A : rict liability

B : ntingent liability

C : rrent liability

D : n-current liability

Answer: A

Page: 1 / 39

Total 193 Questions | Updated On: Jan 09, 2025

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