Free CIPS L4M4 Exam Questions
Absolute Free L4M4 Exam Practice for Comprehensive Preparation
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CIPS L4M4 Exam Questions
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Provided By: CIPS
- Exam: Ethical and Responsible Sourcing
- Certification: CIPS Certification
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Total Questions: 486
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Updated On: Apr 08, 2025
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Rated: 4.9 |
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Online Users: 972
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Question 1
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Which of the following should be assessed in supplier proposals to check compliance with environmental,
social, and governance (ESG) standards? Select THREE that apply.
Answer: D,E,F
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Which of the following should be assessed in supplier proposals to check compliance with environmental,
social, and governance (ESG) standards? Select THREE that apply.
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Question 2
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The procurement manager has received the following data from the supplier's accounts to facilitate thecalculation of the supplier's current ratio:Current Assets: Stock $200; Debtors $60; Cash $40; Total $300Short Term Liabilities: Bank overdraft $150Which calculation will the procurement manager use to find out the current ratio?
Answer: B
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The procurement manager has received the following data from the supplier's accounts to facilitate thecalculation of the supplier's current ratio:Current Assets: Stock $200; Debtors $60; Cash $40; Total $300Short Term Liabilities: Bank overdraft $150Which calculation will the procurement manager use to find out the current ratio?
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Question 3
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Incoterms are designed to be understood and interpreted on a worldwide basis. What is the interpretation for
FOB (Free on Board)?
Answer: A
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Incoterms are designed to be understood and interpreted on a worldwide basis. What is the interpretation for
FOB (Free on Board)?
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Question 4
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The bill of lading is one of the main documents associated with sea freight within international sourcing.
Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.
Answer: A,B
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The bill of lading is one of the main documents associated with sea freight within international sourcing.
Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.
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Question 5
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A company frequently buys goods from overseas. Due to this, exchange rate is a major concern to procurement department because it may fluctuate wildly. Which of the following should be done to reduce the risk of fluctuating exchange rate? Select TWO that apply.
Answer: A,C
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