Free CIPS L4M7 Exam Questions

Become CIPS Certified with updated L4M7 exam questions and correct answers

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Total 380 Questions | Updated On: Feb 11, 2026
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Question 1

An organization might find it more beneficial to lease and use an asset over a predetermined period. After this period, the lessee has the right to secure outright ownership of the asset by paying an agreed amount; otherwise, the asset would be repossessed by the lessor. Which of the following is an advantage of leasing?


Answer: B
Question 2

What advantage can the use of ABC classification of stock provide in warehouse design? 


Answer: C
Question 3

Amanda is the purchasing manager for AB Construction based in France. She is considering purchasing an asset from overseas but knows she must account for fluctuations in exchange rates in the contract. Is Amanda correct?


Answer: B
Question 4

Which of the following best describes what happens when order volumes from customers increase and multiply through the supply chain?


Answer: D
Question 5

What advantage can the use of ABC classification of stock provide in warehouse design? 


Answer: C
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Total 380 Questions | Updated On: Feb 11, 2026
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