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Exam Code:	L4M8
Exam Name:	Procurement and Supply in Practice
Certification Provider:	CIPS
Free Question Number:	92
Version:	v2026-09-01
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# of views:	118
# of Questions views:	1371
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Exam Question List: Question 1: (a) Describe a supplier evaluation approach that HFS could u...; Question 2: What is PQQ and what does it include?...; Question 3: Justify which of the five approaches to condition performanc...; Question 4: What are the four quadrants within the Kraljic portfolio mat...; Question 5: Describe three benefits of working cross-functionally...; Question 6: What are the four methods that can be used to try to resolve...; Question 7: What is CSR policy?; Question 8: What are the definition of a new buy and a modified re-buy?...; Question 9: Describe five types of contract terms that a procurement pro...; Question 10: Explain why it is deemed better to use Sea freight rather th...; Question 11: Describe one qualitative and one quantitative measures of so...; Question 12: Describe two negative factors associated with ordering exces...; Question 13: Describe five types of contract terms that a procurement pro...; Question 14: Explain how procurement should decide whether to make or buy...; Question 15: What two areas of an organization do the Kraljic Portfolio m...; Question 16: What are the four stages of decommissioning?...; Question 17: Which Incoterm applies here? The supplier is responsible for...; Question 18: What information should be included on a purchase requisitio...; Question 19: Which Incoterm applies here? The supplier is responsible for...; Question 20: Why do some specifications need to adapt?...; Question 21: Which Incoterm applies here? The supplier is responsible for...; Question 22: What information should be included on a purchase requisitio...; Question 23: What is needed for a contract to be binding?...; Question 24: What are the four methods that can be used to try to resolve...; Question 25: What are the four stages of decommissioning?...; Question 26: Explain how influencing, can relate to corruption within pro...; Question 27: Which contract term contains details of when a product or se...; Question 28: KPI should be written to match which area of an organization...; Question 29: What are the eight elements of whole life asset management?...; Question 30: What are advantages and disadvantages of the two types of sp...; Question 31: What are five recognized types of modern slavery?...; Question 32: Which Incoterm applies here? The supplier is responsible for...; Question 33: Maximum Score: 25 Explain the elements that Lucie should inc...; Question 34: When benchmarking what other factors, apart from price shoul...; Question 35: What are the two options for the disposal of an asset if res...; Question 36: What are the two types of damage clauses that can be created...; Question 37: Analyse THREE benefits and TWO limitations of implementing s...; Question 38: Explain the difference between bonded and forced labor....; Question 39: What is the retention of title clause also known as?...; Question 40: Explain FIVE Environmental. Social and Governance (ESG) cons...; Question 41: What does the acronym SMART stand for?...; Question 42: What is the method of monitoring suppliers?...; Question 43: Think of a supply chain with which you are familiar and dist...; Question 44: Explain why the behavior of an organization with which you a...; Question 45: Use the balance sheet below to work out the correct ratio fo...; Question 46: What are the two options for the disposal of an asset if res...; Question 47: What advantages could there be to holding excessive inventor...; Question 48: Describe four factors that could damage reputation within th...; Question 49: Explain the concept of the 3Ps/TBL and how it can be used by...; Question 50: Which four procurement cycle stages happen after the award o...; Question 51: What is contract performance review and continuous improveme...; Question 52: How can procurement professionals select suppliers?...; Question 53: Explain how a lack of understanding of a global supplier's c...; Question 54: Which Incoterm applies here? The supplier is responsible for...; Question 55: What is depreciation and deterioration?...; Question 56: What are the two types of damage clauses that can be created...; Question 57: Describe four factors that could damage reputation within th...; Question 58: Which four procurement cycle stages happen after the award o...; Question 59: What are the four quadrants in the Mendelow stakeholder matr...; Question 60: Which Incoterm applies here? The supplier is responsible for...; Question 61: Write down a list of assets that belong to an organization w...; Question 62: Explain the difference between bonded and forced labor....; Question 63: What effect is technology having on jobs within an organizat...; Question 64: Describe one implied term and one expressed term from a cont...; Question 65: Explain the concept of the 3Ps/TBL and how it can be used by...; Question 66: What is commissioning?; Question 67: Write down a list of assets that belong to an organization w...; Question 68: Explain with examples three differences between offers and i...; Question 69: KPI should be written to match which area of an organization...; Question 70: Analyse FIVE ways that structured procurement processes coul...; Question 71: Justify which of the five approaches to condition performanc...; Question 72: Describe three ways in which a supplier could improve the ef...; Question 73: Why do some specifications need to adapt?...; Question 74: What topics are covered within ethics?...; Question 75: Explain why you think quality should be investigated before ...; Question 76: What is Iso 14001?; Question 77: What is CSR policy?; Question 78: Maximum Score: 25 Examine FIVE methods OrganiBake could use ...; Question 79: Explain why you think quality should be investigated before ...; Question 80: Explain which factors should be considered when deciding the...; Question 81: What are the five stages in Tuckman's team Development model...; Question 82: What do STEEPLE and SWOT stand for?...; Question 83: Describe a situation where amendment or an addendum would ne...; Question 84: Analyse FIVE whole-life costs that SigmaCo should consider w...; Question 85: What Incoterm applies here? The supplier is responsible for ...; Question 86: Explain how influencing, can relate to corruption within pro...; Question 87: Describe two ways in which an organization with which you ar...; Question 88: What is business case?; Question 89: What potential costs could an organization face if it fails ...; Question 90: Explain how procurement should decide whether to make or buy...; Question 91: Create two KPIs and two SLAs for a contract with which you a...; Question 92: Which type of power is most likely to be used in corruption?...

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