Cips certleader l4m4 Reviews Questions by Paul q0 vce pdf

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Exam Name:	Ethical and Responsible Sourcing
Exam Code:	L4M4 Dumps
Vendor:	CIPS	Certification:	CIPS Level 4 Diploma in Procurement and Supply
Questions:	180 Q&A's	Shared By:	paul

Question 44

Which of the following incoterms relate specifically to transporting items over water?

Options:

ex works

delivered duty paid

cost and freight

delivered at place

Discussion

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Question 45

In order to assess whether a company is able to meet its current liabilities, which financial ratio should you use?

Options:

Return on Equity

Acid Test

Gearing Ratio

Gross Profit Margin

Discussion

Question 46

In which instance would multiple sourcing be the most applicable approach?

Options:

Sourcing for the provision of a service, where close relationship management is required

Sourcing a specialised, unique component where the supplier's knowledge is key

Sourcing for high-cost, strategically important components

Sourcing for components required at short notice

Discussion

Question 47

Pre-qualification of suppliers is used to determine if the suppliers meet the basic requirements of the buying organisation. Which of the following is assessed at the pre-qualification stage?

Options:

capacity, capability and pricing structure

pricing structure, ethics and financial stability

financial stability, capacity and capability

capability, culture and pricing schedules