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Free PDF Quiz 2025 CIPS Fantastic L4M4 Flexible Testing Engine

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Posted on: 05/07/25

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CIPS L4M4 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.
Topic 2
  • This section examines analyzing market data, obtaining quotations
  • tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Topic 3
  • Understand the key processes that can be applied to the analysis of potential external suppliers:
Topic 4
  • Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.

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CIPS Ethical and Responsible Sourcing Sample Questions (Q160-Q165):

NEW QUESTION # 160
What are some of the benefits of conducting unscheduled supplier audits? Select TWO that apply.

  • A. Unscheduled audits significantly reduce costs compared to scheduled visits
  • B. Unscheduled audits increase the risk of providing misinformation
  • C. Unscheduled audits are more time-efficient than scheduled audits
  • D. Unscheduled audits help to identify non-compliance issues
  • E. Unscheduled audits help to achieve an unbiased assessment

Answer: D,E

Explanation:
Unscheduled audits can provide an unbiased view of supplier practices and help identify compliance issues that might be hidden during scheduled audits. This approach supports responsible sourcing by ensuring accurate assessments of ethical and quality standards.


NEW QUESTION # 161
Roberto is running a tender in which his main concern is price. However he is keen to hear also about the companies' Corporate Social Responsibility Policies and how this will impact their delivery. Roberto is considering awarding the CSRquestion4 points in a weighted point system. If he does this, what weight should be given to the price?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: D

Explanation:
96 is the correct answer- weighted point systems should add up to 100 (as in 100%)


NEW QUESTION # 162
Which models would be appropriate for analysis of the supply market?
* Porter's Five Forces
* Porter's Value Chain
* STEEPLED
* Ishikawa Fishbone

  • A. 1 and 2 only
  • B. 1 and 3 only
  • C. 3 and 4 only
  • D. 2 and 3 only

Answer: B

Explanation:
Porter's Five Forces and the STEEPLED model are valuable tools for analyzing supply markets. These models help identify external pressures and market dynamics, supporting responsible sourcing by enabling buyers to understand and respond to market influences effectively.


NEW QUESTION # 163
A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?

  • A. No- a low gearing suggests that the company is financed by long-term debt rather than equity
  • B. Yes- a low gearing ratio shows that the business is solvent and can deal with supply chain disruptions easily
  • C. No- a low gearing shows you that a company isn't likely to be profitable
  • D. Yes- a low gearing ratio means the company's finances are made up of equity rather than debt

Answer: D

Explanation:
the correct answer is 'Yes- a low gearing ratio means the company's finances are made up of equity rather than debt'.
Remember low gearing = good (based on equity), high gearing = bad (based on debt). Anything over 50% is considered high.
The two no answers are therefore incorrect and you can discount these straight away. The other yes answer is one of those answers which COULD be true, but isn't always true, and we'd need more information to know for sure. When you get options like this there will be one that is always right and one which is sometimes right
- so always pick the always right one.
Dealing with supply chain disruptions is complex, and depending what the disruption is, how big it is, what the industry is etc determines whether a supplier can handle it or not. Because there's more factors to consider than just gearing, this isn't the right answer.


NEW QUESTION # 164
According to the CIPS code of conduct, which laws should a procurement professional adhere to?

  • A. all laws published by international organisations such as ILO
  • B. all laws within countries they have business and contracts in
  • C. all international procurement legislation
  • D. all laws within the country they work in

Answer: B

Explanation:
The CIPS Code of Conduct says to adhere to all laws of countries in which I practice. So if you're in the UK and procure stuff from China, you need to abide by both UK and Chinese laws, not just UK laws.
There's no international procurement laws- these are all different for different countries.
ILO doesn't publish laws.


NEW QUESTION # 165
......

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