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

Which of the following are most likely to be the purposes of packing and packaging?
1. To bring the product cost down
2. To protect the product
3. To improve the product recognition
4. To test the product durability


Answer: D
Question 2

Which of the following are examples of acquisition costs for the buying organisation? Select TWO that apply.


Answer: C,E
Question 3

The managing director requires action to be taken to improve the organization’s profitability and has asked for suggestions to enable this to be achieved. The procurement manager has said that a just-in-time (JIT) system should be introduced. Would such a system improve profitability?


Answer: A
Question 4

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 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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