Free CIPS L4M4 Exam Questions

Become CIPS Certified with updated L4M4 exam questions and correct answers

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Total 486 Questions | Updated On: Jan 15, 2025

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Question 1

Public organisations can decide on their owns whether their tender requirements are advertised. Is this statement true?

A : Yes, because this will help to reduce corruption

B : , because public procurement information is highly confidential

C : , because private entities have no capacities to carry out public contract

D : , because public procurement is heavily regulated

Answer: D

Question 2

Which of the following is the most weighted element that credit rating agencies use in calculating credit rating score?

A : w credit

B : edit mix

C : yment history

D : ngth of credit history

Answer: C

Question 3

Which of the following is the Incoterms rule in which the seller is responsible for unloading the goods at destination place?

A :

B : U

C : P

Answer: B

Question 4

Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.

A : The company's criteria for make or buy decisions

B : The financial stability of the company

C : Procedures on intra-company trading

D : The company’s employee working conditions

E : The company's code of ethics

F : The company's policy on carbon emissions

Answer: D,E,F

Question 5

As a junior procurement specialist in a government agency, you received a requisition from a user department to buy 5,000 standard biro pens. The department also requested that you use the weighted scores system to select the best supplier. Is this suggestion appropriate?

A : Yes, this is the only way to award the contract

B : No, only private institutions use weighted scores system to assess the suppliers

C : Yes, a government agency has no other option but using the weighted scores system

D : No, awarding the contract based solely on price is good enough

Answer: D

Page: 1 / 98

Total 486 Questions | Updated On: Jan 15, 2025

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