Free CIPS L3M1 Exam Questions
Absolute Free L3M1 Exam Practice for Comprehensive Preparation
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CIPS L3M1 Exam Questions
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Provided By: CIPS
- Exam: Procurement and Supply Environments (L3M1)
- Certification: Level 3 Advanced Certificate in Procurement and Supply Operations
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Total Questions: 90
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Updated On: Mar 05, 2025
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Rated: 4.9 |
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Online Users: 180
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Question 1
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‘The value of a commodity or service measured in terms of the standard monetary unit’ describes:
Answer: C
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‘The value of a commodity or service measured in terms of the standard monetary unit’ describes:
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Question 2
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The film 'An Inconvenient Truth', made by former US Vice-President, Al Gore, is about:
Answer: C
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The film 'An Inconvenient Truth', made by former US Vice-President, Al Gore, is about:
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Question 3
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An arrangement between a buyer and a supplier in which they agree to apportion benefits (such a reduced costs, or increased outputs) arising from particularly sound contract performance may be called:
Answer: C
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An arrangement between a buyer and a supplier in which they agree to apportion benefits (such a reduced costs, or increased outputs) arising from particularly sound contract performance may be called:
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Question 4
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Which one of the following is a commercial document issued by a seller seeking payment for goods or services?
Answer: C
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Which one of the following is a commercial document issued by a seller seeking payment for goods or services?
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Question 5
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Thinking of the STEEPLED factors which may impact long-term on an organisation, under which one heading would the following appear: growth trends, unemployment patterns, incomes, interest rates exchange rates and tax rates?
Answer: D
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Thinking of the STEEPLED factors which may impact long-term on an organisation, under which one heading would the following appear: growth trends, unemployment patterns, incomes, interest rates exchange rates and tax rates?