Free CIPS L2M2 Exam Questions
Absolute Free L2M2 Exam Practice for Comprehensive Preparation
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CIPS L2M2 Exam Questions
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Provided By: CIPS
- Exam: CORE Level 2 Procurement and Supply Operations
- Certification: Level 2 Certificate in Procurement and Supply Operations
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Total Questions: 156
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Updated On: Jan 10, 2025
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Rated: 4.9 |
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Online Users: 312
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Question 1
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Unincorporated companies are considered by law to be separate from their owners. True or false?
Answer: B
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Unincorporated companies are considered by law to be separate from their owners. True or false?
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Question 2
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What factors should a buyer consider when deciding on the most suitable type of contract? Select all that apply.
Answer: D
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What factors should a buyer consider when deciding on the most suitable type of contract? Select all that apply.
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Question 3
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Which option is not an example of a sole trader?
Answer: B
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Which option is not an example of a sole trader?
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Question 4
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What term refers to all business conducted and paid for on the internet, covering all transactions such as sending electronic requisitions, RFQs and tenders, electronic authorising of documents through e-signatures, and receiving goods electronically?
Answer: B
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What term refers to all business conducted and paid for on the internet, covering all transactions such as sending electronic requisitions, RFQs and tenders, electronic authorising of documents through e-signatures, and receiving goods electronically?
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Question 5
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What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?
Answer: D
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What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?