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CIPS L3M2 Exam

Ethical Procurement and Supply

Total Questions: 90

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CIPS L3M2 Questions

Q1.

OTIF stands for:

Q2.

Regarding quality management, how many defects?

Q3.

'The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

Q4.

It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?

Q5.

The time between recognition / origin of the need; through to usage or consumption is described as:

Solutions:
Question: 1 Answer: D
Question: 2 Answer: A
Question: 3 Answer: B
Question: 4 Answer: C, D
Question: 5 Answer: D

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