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CIPS L4M1-Exam Questions and Answers
CIPS L4M1-Exam Questions and Answers 
True or False: Fixed assets to an organisation are usually capital purchases Correct AnsTrue 
True or False: Added value includes innovation from suppliers Correct Ans-Tru
- Package deal
- Exam (elaborations)
- • 5 pages •
CIPS L4M1-Exam Questions and Answers 
True or False: Fixed assets to an organisation are usually capital purchases Correct AnsTrue 
True or False: Added value includes innovation from suppliers Correct Ans-Tru
CIPS L4M8 Chapter 1- Questions and Answers 100% Solved
CIPS L4M8 Chapter 1- Questions and Answers 100% 
Solved 
To fully understand the market pricing, procurement professionals should research the level 
of competition. The .... .... ... model is an established way of assessing the competition 
 Correct Ans-Porter's Five Forces
- Package deal
- Exam (elaborations)
- • 48 pages •
CIPS L4M8 Chapter 1- Questions and Answers 100% 
Solved 
To fully understand the market pricing, procurement professionals should research the level 
of competition. The .... .... ... model is an established way of assessing the competition 
 Correct Ans-Porter's Five Forces
CIPS Level 3 Module 1- Questions and Answers 100% Pass
CIPS Level 3 Module 1- Questions and Answers 100% 
Pass 
What is cost reimbursable pricing arrangement? Correct Ans-The supplier is reimbursed all 
of its costs as well as an agreed amount for profit. This is commonly used when the amount of 
work required isn't clear at the start of the project.
- Package deal
- Exam (elaborations)
- • 6 pages •
CIPS Level 3 Module 1- Questions and Answers 100% 
Pass 
What is cost reimbursable pricing arrangement? Correct Ans-The supplier is reimbursed all 
of its costs as well as an agreed amount for profit. This is commonly used when the amount of 
work required isn't clear at the start of the project.
CIPS Supplier Relationships L4M6 Learning Outcome 2- Questions and Answers
CIPS Supplier Relationships L4M6 Learning Outcome 2- 
Questions and Answers 
Added value through suppler relationships Correct Ans--Being able to identify and use an 
appropriate approach to deal with supplier. 
-Innovation developed as part of collaborative projects with strategic suppliers 
-Reduction of waste 
-Resilience and risk reduction
- Package deal
- Exam (elaborations)
- • 17 pages •
CIPS Supplier Relationships L4M6 Learning Outcome 2- 
Questions and Answers 
Added value through suppler relationships Correct Ans--Being able to identify and use an 
appropriate approach to deal with supplier. 
-Innovation developed as part of collaborative projects with strategic suppliers 
-Reduction of waste 
-Resilience and risk reduction
CIPS Quiz- Questions and Answers 100% Pass
CIPS Quiz- Questions and Answers 100% Pass 
Capability Correct Ans-The ability of a supplier to meet an organisation's specific business 
requirements 
Capacity Correct Ans-The output of a busines
- Package deal
- Exam (elaborations)
- • 19 pages •
CIPS Quiz- Questions and Answers 100% Pass 
Capability Correct Ans-The ability of a supplier to meet an organisation's specific business 
requirements 
Capacity Correct Ans-The output of a busines
CIPS L4M2 Exam Questions and Answers
CIPS L4M2 Exam Questions and Answers 
Total cost of ownership Correct Ans-Is how much it costs to own the product over its 
lifetime until disposal.
- Package deal
- Exam (elaborations)
- • 28 pages •
CIPS L4M2 Exam Questions and Answers 
Total cost of ownership Correct Ans-Is how much it costs to own the product over its 
lifetime until disposal.
CIPS L4M7 Questions and Answers 100% Solved
CIPS L4M7 Questions and Answers 100% Solved 
Slow moving items Correct Ans-Items that tend to remain in store for relatively long time 
Fast moving items Correct Ans-Items that are held for only a short time before despatched 
Category a Correct Ans-High usage/fast moving items
- Package deal
- Exam (elaborations)
- • 49 pages •
CIPS L4M7 Questions and Answers 100% Solved 
Slow moving items Correct Ans-Items that tend to remain in store for relatively long time 
Fast moving items Correct Ans-Items that are held for only a short time before despatched 
Category a Correct Ans-High usage/fast moving items
CIPS L4M1 - Key Phrases Questions and Answers
CIPS L4M1 - Key Phrases Questions and Answers 
Compliance Correct Ans-Conforming to rules and regulations 
Conflict of interest Correct Ans-A situation where a person has conflicting loyalties
- Package deal
- Exam (elaborations)
- • 18 pages •
CIPS L4M1 - Key Phrases Questions and Answers 
Compliance Correct Ans-Conforming to rules and regulations 
Conflict of interest Correct Ans-A situation where a person has conflicting loyalties
CIPS L4M1 Definitions- Questions and Answers 100% Pass
CIPS L4M1 Definitions- Questions and Answers 100% 
Pass 
Cost of Sales Correct Ans-Amount of money directly attributable to the production of 
goods or services that are sold
- Package deal
- Exam (elaborations)
- • 19 pages •
CIPS L4M1 Definitions- Questions and Answers 100% 
Pass 
Cost of Sales Correct Ans-Amount of money directly attributable to the production of 
goods or services that are sold
L4M8 CIPS level 4 Glossary 2-Questions and Answers 100 Pass
L4M8 CIPS level 4 Glossary 2-Questions and Answers 
100 Pass 
Whats is included in a requisition Correct Ans-Date 
Description 
Supplier 
Quantity 
When 
Where 
Why 
Who 
Approval
- Package deal
- Exam (elaborations)
- • 30 pages •
L4M8 CIPS level 4 Glossary 2-Questions and Answers 
100 Pass 
Whats is included in a requisition Correct Ans-Date 
Description 
Supplier 
Quantity 
When 
Where 
Why 
Who 
Approval
CCAR Recovery Coaching 101 Test Questions and Answers 100% Solved
A+P Midterm Arizona College; Questions and Answers 100% Solved
FCTC EXAM WITH COMPLETE SOLUTIONS 100% VERIFIED
FCTC Math Questions and Answers
FCTC Final Test Prep Questions and Answers 100% Solved