CIPS L4M4 Übungsprüfungen
Zuletzt aktualisiert am 26.04.2025- Prüfungscode: L4M4
- Prüfungsname: Ethical and Responsible Sourcing
- Zertifizierungsanbieter: CIPS
- Zuletzt aktualisiert am: 26.04.2025
Ji Yuan is a procurement manager who is looking for a new supplier to complete reactive maintenance activities throughout his property portfolio. The reactive maintenance will include an array of plumbing tasks as well as fixing electrical items. Suppliers therefore need to be extremely
skilled and knowledgeable about a variety of tasks. Ji Yuan has done some initial research and doesn’t believe that there are many suppliers who can complete this type of contract.
What type of tender should he use?
- A . negotiated
- B . restricted
- C . open
- D . competitive dialogue
Which of the following would you expect to find in an Invitation to Tender? Select THREE
- A . awarding body
- B . deadline (Correct)
- C . pricing schedule
- D . qualifications required
- E . risk assessments
When assessing the financial performance of a potential supplier, it is important to understand how much gross profit they are making. The gross profit margin ratio uses which of the following pieces of information from the profit and loss (statement of financial performance)? Select TWO that apply.
- A . Cost of goods sold
- B . Value of equity capital
- C . Income from sales
- D . Current liabilities
- E . Total current assets
A balance sheet will show a company’s assets, liabilities and shareholder equity.
What is share-holder equity?
- A . the profit from sales once tax has been deducted
- B . the amount of money held in the company’s bank account
- C . the owners‘ residual claim once all debt has been paid
- D . the amount of money from retained earnings
Incoterms describe several aspects and responsibilities of transporting goods when sourcing internationally.
Which of the following is described by Incoterms? Select THREE.
- A . which party arranges insurance
- B . what form of transportation will be used
- C . how much the transportation will cost
- D . who is responsible for making duty and tariff arrangements
- E . how long the transportation will take
As a procurement officer for a large organisation, a supplier approaches you on social media offering to take you out for dinner to discuss a recent open opportunity and mentions a financial reward if you help them win the business. You accept the invite.
Was this the right thing to do?
- A . Yes, you are free to do what you like outside of business hours
- B . No, it is not appropriate to discuss open opportunities with one provider and not another
- C . Yes, you are keen to see what is on offer as you are only on minimum wage currently and need extra money
- D . No, but you will go for the dinner and see what they offer, because it is up to you to decide if you should accept
Which of the following items would you expect to find on a balance sheet? Select THREE
- A . current assets
- B . current liabilities
- C . net product sales
- D . stockholders‘ equity
- E . gross product sales
Which of the following items would you expect to find on a balance sheet? Select THREE
- A . current assets
- B . current liabilities
- C . net product sales
- D . stockholders‘ equity
- E . gross product sales
Dylan is looking to appoint a new supplier of paint to his manufacturing business. The paint will be used to paint buses and taxis and therefore needs to be high quality and durable.
Which of the following should Dylan look for in terms of quality management when appraising the suppliers?
- A . ISO9001
- B . Carter’s 10 Cs
- C . ESG
- D . conformance specification
For complex and high value tenders, which document is the most appropriate to send to those suppliers who have already been appraised and deemed suitable?
- A . PQQ
- B . ITT
- C . RFQ
- D . RFT