Total 343 Questions |
Updated On: Jan 05, 2026
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Free CIPS L4M7 Exam Questions
Become CIPS Certified with updated L4M7 exam questions and correct answers
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Question 1
GAP Ltd is a retail business that wants to reduce its spending on stock. Its current procurement process is manual, repetitive and slow. The management team plans to use procure-to-pay (P2P) software to streamline the process and cut costs. What kind of cost is GAP aiming to lower?
Answer: B
Question 2
David is required to include stock turnover ratio in the report. Which of the following should be collected to calculate the rate? Select THREE that apply
Answer: A,C,D
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 can replace pallets as bases for unit loads but they require push pull accessories to retrieve or discharge unit load?
Answer: D
Question 5
Which of the following best describes what happens when order volumes from customers increase and multiply through the supply chain?
Answer: D
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Total 343 Questions |
Updated On: Jan 05, 2026
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