{"id":111646,"date":"2025-10-03T06:47:58","date_gmt":"2025-10-03T06:47:58","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=111646"},"modified":"2025-10-10T05:50:29","modified_gmt":"2025-10-10T05:50:29","slug":"cips-l4m4-exam-dumps-v11-02-read-l4m4-free-dumps-part-1-q1-q40-to-check-the-quality-of-the-updated-materials","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/cips-l4m4-exam-dumps-v11-02-read-l4m4-free-dumps-part-1-q1-q40-to-check-the-quality-of-the-updated-materials.html","title":{"rendered":"CIPS L4M4 Exam Dumps (V11.02): Read L4M4 Free Dumps (Part 1, Q1-Q40) to Check the Quality of the Updated Materials"},"content":{"rendered":"<p>We know the CIPS L4M4 Ethical and Responsible Sourcing exam is one of the core modules for the <a href=\"https:\/\/www.dumpsbase.com\/cips-level-4-diploma-in-procurement-and-supply.html\"><em><strong>CIPS Level 4 Diploma in Procurement and Supply qualification<\/strong><\/em><\/a>. DumpsBase has updated the L4M4 dumps to V11.02, validating your skills and knowledge in the legal and ethical impact and the implications of sustainability, encompassing economic, environmental, social, and governance factors on the final sourcing decision. These latest dumps offer comprehensive coverage of all exam topics to ensure you&#8217;re well-prepared for the CIPS Ethical and Responsible Sourcing certification test. Every question undergoes a thorough review by certification specialists to ensure accuracy, relevance, and alignment with the actual exam. You can invest in the latest L4M4 dumps (V11.02) and approach your exam with confidence.<\/p>\n<h2>Before getting the latest L4M4 dumps (V11.02), checking the <span style=\"background-color: #ffcc99;\"><em>L4M4 free dumps (Part 1, Q1-Q40)<\/em><\/span> below first:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam10943\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-10943\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10943\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-431198'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>The sourcing process is considered to include the initial stages of the generic procurement cycle, up to the stage where the contract is awarded to the successful bidder. The stages in the sourcing process may include ...<\/div><input type='hidden' name='question_id[]' id='qID_1' value='431198' \/><input type='hidden' id='answerType431198' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431198[]' id='answer-id-1668559' class='answer   answerof-431198 ' value='1668559'   \/><label for='answer-id-1668559' id='answer-label-1668559' class=' answer'><span>Comparing the supplier\u2019s delivery note with the purchase order to confirm the specification<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431198[]' id='answer-id-1668560' class='answer   answerof-431198 ' value='1668560'   \/><label for='answer-id-1668560' id='answer-label-1668560' class=' answer'><span>Reminding the design manager to approve the drawings which will accompany the invitation to tender documents<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431198[]' id='answer-id-1668561' class='answer   answerof-431198 ' value='1668561'   \/><label for='answer-id-1668561' id='answer-label-1668561' class=' answer'><span>Processing the requisitions to facilitate call-offs against a newly created framework contract<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431198[]' id='answer-id-1668562' class='answer   answerof-431198 ' value='1668562'   \/><label for='answer-id-1668562' id='answer-label-1668562' class=' answer'><span>Engaging with suppliers to ensure that they are achieving the KPIs set in the contract<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-431199'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>GDP is an economic index that a procurement professional can use to measure economic data. <br \/>\r<br>What does GDP tell you?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='431199' \/><input type='hidden' id='answerType431199' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431199[]' id='answer-id-1668563' class='answer   answerof-431199 ' value='1668563'   \/><label for='answer-id-1668563' id='answer-label-1668563' class=' answer'><span>the value of public limited companies within a country<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431199[]' id='answer-id-1668564' class='answer   answerof-431199 ' value='1668564'   \/><label for='answer-id-1668564' id='answer-label-1668564' class=' answer'><span>the monatary value of the goods manufactured in a financial period<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431199[]' id='answer-id-1668565' class='answer   answerof-431199 ' value='1668565'   \/><label for='answer-id-1668565' id='answer-label-1668565' class=' answer'><span>the value of commodities such as steel, oil and wheat at a point in time<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431199[]' id='answer-id-1668566' class='answer   answerof-431199 ' value='1668566'   \/><label for='answer-id-1668566' id='answer-label-1668566' class=' answer'><span>average changes in price over a year<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-431200'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>Why is it important, when awarding high-value contracts, for a buyer to conduct a financial assessment of a supplier?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='431200' \/><input type='hidden' id='answerType431200' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431200[]' id='answer-id-1668567' class='answer   answerof-431200 ' value='1668567'   \/><label for='answer-id-1668567' id='answer-label-1668567' class=' answer'><span>The buyer must ensure continuity of supply because financial problems of a supplier could affect the supply<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431200[]' id='answer-id-1668568' class='answer   answerof-431200 ' value='1668568'   \/><label for='answer-id-1668568' id='answer-label-1668568' class=' answer'><span>Financial assessments provide a holistic view of a company's capability, including quality and delivery performance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431200[]' id='answer-id-1668569' class='answer   answerof-431200 ' value='1668569'   \/><label for='answer-id-1668569' id='answer-label-1668569' class=' answer'><span>A supplier who is highly profitable will be charging prices higher than the average market rate<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431200[]' id='answer-id-1668570' class='answer   answerof-431200 ' value='1668570'   \/><label for='answer-id-1668570' id='answer-label-1668570' class=' answer'><span>If a supplier has a high credit score, this means it pays its own suppliers late, which could result in stock outs<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-431201'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>1.What is the best way to demonstrate that your organisation does not tolerate bribery and corruption?<\/div><input type='hidden' name='question_id[]' id='qID_4' value='431201' \/><input type='hidden' id='answerType431201' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431201[]' id='answer-id-1668571' class='answer   answerof-431201 ' value='1668571'   \/><label for='answer-id-1668571' id='answer-label-1668571' class=' answer'><span>Not working with suppliers who you have heard have a reputation for bribery and corruption<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431201[]' id='answer-id-1668572' class='answer   answerof-431201 ' value='1668572'   \/><label for='answer-id-1668572' id='answer-label-1668572' class=' answer'><span>Requesting your supplier\u2019s ethical policies on an annual basis<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431201[]' id='answer-id-1668573' class='answer   answerof-431201 ' value='1668573'   \/><label for='answer-id-1668573' id='answer-label-1668573' class=' answer'><span>Having full anti-bribery training, policies, and procedures in place<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431201[]' id='answer-id-1668574' class='answer   answerof-431201 ' value='1668574'   \/><label for='answer-id-1668574' id='answer-label-1668574' class=' answer'><span>Asking all suppliers to read your organisation\u2019s policy on anti-bribery and corruption<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-431202'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>Which of the following can be undertaken by the buyer in relation to the governance of a supplier's ethical and sustainable behaviours? <br \/>\r<br>1. Review the insurance clauses in the contract <br \/>\r<br>2. Check that the supplier's internal policies are up to date <br \/>\r<br>3. Check the supplier's conflict of interest register for their contract <br \/>\r<br>4. Review the non-disclosure agreement for their contract<\/div><input type='hidden' name='question_id[]' id='qID_5' value='431202' \/><input type='hidden' id='answerType431202' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431202[]' id='answer-id-1668575' class='answer   answerof-431202 ' value='1668575'   \/><label for='answer-id-1668575' id='answer-label-1668575' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431202[]' id='answer-id-1668576' class='answer   answerof-431202 ' value='1668576'   \/><label for='answer-id-1668576' id='answer-label-1668576' class=' answer'><span>1 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431202[]' id='answer-id-1668577' class='answer   answerof-431202 ' value='1668577'   \/><label for='answer-id-1668577' id='answer-label-1668577' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431202[]' id='answer-id-1668578' class='answer   answerof-431202 ' value='1668578'   \/><label for='answer-id-1668578' id='answer-label-1668578' class=' answer'><span>2 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-431203'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>A balance sheet will show a company's assets, liabilities and shareholder equity. <br \/>\r<br>What is share-holder equity?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='431203' \/><input type='hidden' id='answerType431203' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431203[]' id='answer-id-1668579' class='answer   answerof-431203 ' value='1668579'   \/><label for='answer-id-1668579' id='answer-label-1668579' class=' answer'><span>the profit from sales once tax has been deducted<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431203[]' id='answer-id-1668580' class='answer   answerof-431203 ' value='1668580'   \/><label for='answer-id-1668580' id='answer-label-1668580' class=' answer'><span>the amount of money held in the company's bank account<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431203[]' id='answer-id-1668581' class='answer   answerof-431203 ' value='1668581'   \/><label for='answer-id-1668581' id='answer-label-1668581' class=' answer'><span>the owners' residual claim once all debt has been paid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431203[]' id='answer-id-1668582' class='answer   answerof-431203 ' value='1668582'   \/><label for='answer-id-1668582' id='answer-label-1668582' class=' answer'><span>the amount of money from retained earnings<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-431204'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>A procurement manager of a medium-sized company has suggested to their executive board that implementing an ISO environmental standard would improve procurement practices and reduce environmental and social impacts. However, some colleagues are concerned about the potential complexity and supplier resistance. <br \/>\r<br>Should the company go ahead with the recommendation?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='431204' \/><input type='hidden' id='answerType431204' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431204[]' id='answer-id-1668583' class='answer   answerof-431204 ' value='1668583'   \/><label for='answer-id-1668583' id='answer-label-1668583' class=' answer'><span>Yes, as it would align with, and help to achieve, sustainability goals<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431204[]' id='answer-id-1668584' class='answer   answerof-431204 ' value='1668584'   \/><label for='answer-id-1668584' id='answer-label-1668584' class=' answer'><span>No, ISO standards are too complex for staff and suppliers to understand and follow<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431204[]' id='answer-id-1668585' class='answer   answerof-431204 ' value='1668585'   \/><label for='answer-id-1668585' id='answer-label-1668585' class=' answer'><span>No, because ISO standards are only relevant to large organisations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431204[]' id='answer-id-1668586' class='answer   answerof-431204 ' value='1668586'   \/><label for='answer-id-1668586' id='answer-label-1668586' class=' answer'><span>Yes, implementation would guarantee that the company is compliant with all environmental laws<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-431205'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and ensure the selected supplier of this item is in a good financial position. <br \/>\r<br>What should the company ask the suppliers to send to show that their current assets cover their current liabilities?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='431205' \/><input type='hidden' id='answerType431205' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431205[]' id='answer-id-1668587' class='answer   answerof-431205 ' value='1668587'   \/><label for='answer-id-1668587' id='answer-label-1668587' class=' answer'><span>Profit and loss account<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431205[]' id='answer-id-1668588' class='answer   answerof-431205 ' value='1668588'   \/><label for='answer-id-1668588' id='answer-label-1668588' class=' answer'><span>Annual turnover<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431205[]' id='answer-id-1668589' class='answer   answerof-431205 ' value='1668589'   \/><label for='answer-id-1668589' id='answer-label-1668589' class=' answer'><span>Gearing ratio<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431205[]' id='answer-id-1668590' class='answer   answerof-431205 ' value='1668590'   \/><label for='answer-id-1668590' id='answer-label-1668590' class=' answer'><span>Acid test<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-431206'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>What would an EBITDA ratio show you?<\/div><input type='hidden' name='question_id[]' id='qID_9' value='431206' \/><input type='hidden' id='answerType431206' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431206[]' id='answer-id-1668591' class='answer   answerof-431206 ' value='1668591'   \/><label for='answer-id-1668591' id='answer-label-1668591' class=' answer'><span>how profitable a business is<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431206[]' id='answer-id-1668592' class='answer   answerof-431206 ' value='1668592'   \/><label for='answer-id-1668592' id='answer-label-1668592' class=' answer'><span>how solvent a business is<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431206[]' id='answer-id-1668593' class='answer   answerof-431206 ' value='1668593'   \/><label for='answer-id-1668593' id='answer-label-1668593' class=' answer'><span>how much of a business's funding is made up of long term debt<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431206[]' id='answer-id-1668594' class='answer   answerof-431206 ' value='1668594'   \/><label for='answer-id-1668594' id='answer-label-1668594' class=' answer'><span>how effectively a business uses its assets to generate sales<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-431207'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>If a commodity index shows that the price of a commodity is continually rising, what does this indicate about the market?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='431207' \/><input type='hidden' id='answerType431207' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431207[]' id='answer-id-1668595' class='answer   answerof-431207 ' value='1668595'   \/><label for='answer-id-1668595' id='answer-label-1668595' class=' answer'><span>that there is little demand in the marketplace<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431207[]' id='answer-id-1668596' class='answer   answerof-431207 ' value='1668596'   \/><label for='answer-id-1668596' id='answer-label-1668596' class=' answer'><span>demand is exceeding supply<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431207[]' id='answer-id-1668597' class='answer   answerof-431207 ' value='1668597'   \/><label for='answer-id-1668597' id='answer-label-1668597' class=' answer'><span>there is a threat of substitution<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431207[]' id='answer-id-1668598' class='answer   answerof-431207 ' value='1668598'   \/><label for='answer-id-1668598' id='answer-label-1668598' class=' answer'><span>the marketplace is a monopoly<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-431208'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>A buyer has been working with their business managers on a tender. The buyer is now assessing the tender proposals from the external market. <br \/>\r<br>Is it good practice for the procurement buyer to make sourcing recommendations?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='431208' \/><input type='hidden' id='answerType431208' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431208[]' id='answer-id-1668599' class='answer   answerof-431208 ' value='1668599'   \/><label for='answer-id-1668599' id='answer-label-1668599' class=' answer'><span>Yes, the procurement buyer should assess and take all decisions to award the tender independently of the business managers to avoid conflict of interest<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431208[]' id='answer-id-1668600' class='answer   answerof-431208 ' value='1668600'   \/><label for='answer-id-1668600' id='answer-label-1668600' class=' answer'><span>No, it is a lengthy, costly, and unnecessary step for the procurement buyer to engage business managers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431208[]' id='answer-id-1668601' class='answer   answerof-431208 ' value='1668601'   \/><label for='answer-id-1668601' id='answer-label-1668601' class=' answer'><span>No, the buyer's recommendations are not relevant to the final sourcing decision, which must be taken by the business managers<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431208[]' id='answer-id-1668602' class='answer   answerof-431208 ' value='1668602'   \/><label for='answer-id-1668602' id='answer-label-1668602' class=' answer'><span>Yes, the procurement buyer can advise on the competitive proposal but should engage with the business managers about the decision to award the tender<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-431209'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Which of the following are considerations when evaluating quality as a criterion for supplier selection? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_12' value='431209' \/><input type='hidden' id='answerType431209' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431209[]' id='answer-id-1668603' class='answer   answerof-431209 ' value='1668603'   \/><label for='answer-id-1668603' id='answer-label-1668603' class=' answer'><span>The existence of policies and initiatives toward more sustainable packaging and materials<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431209[]' id='answer-id-1668604' class='answer   answerof-431209 ' value='1668604'   \/><label for='answer-id-1668604' id='answer-label-1668604' class=' answer'><span>The existence of Total Quality Management (TQM) and a continuous improvement culture<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431209[]' id='answer-id-1668605' class='answer   answerof-431209 ' value='1668605'   \/><label for='answer-id-1668605' id='answer-label-1668605' class=' answer'><span>Certification to the management system ISO 9001<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431209[]' id='answer-id-1668606' class='answer   answerof-431209 ' value='1668606'   \/><label for='answer-id-1668606' id='answer-label-1668606' class=' answer'><span>Certification to the management system ISO 14001<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431209[]' id='answer-id-1668607' class='answer   answerof-431209 ' value='1668607'   \/><label for='answer-id-1668607' id='answer-label-1668607' class=' answer'><span>The supplier's environmental impact analysis<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-431210'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>When conducting a competitive tender, is it appropriate to use a supplier's credit rating as a criteria for pre-section?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='431210' \/><input type='hidden' id='answerType431210' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431210[]' id='answer-id-1668608' class='answer   answerof-431210 ' value='1668608'   \/><label for='answer-id-1668608' id='answer-label-1668608' class=' answer'><span>yes- because a low rating would have a negative impact on the company's reputation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431210[]' id='answer-id-1668609' class='answer   answerof-431210 ' value='1668609'   \/><label for='answer-id-1668609' id='answer-label-1668609' class=' answer'><span>yes- because a low rating would indicate the supplier is financially unstable<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431210[]' id='answer-id-1668610' class='answer   answerof-431210 ' value='1668610'   \/><label for='answer-id-1668610' id='answer-label-1668610' class=' answer'><span>no- because a low rating would not affect the quality of the products supplied<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431210[]' id='answer-id-1668611' class='answer   answerof-431210 ' value='1668611'   \/><label for='answer-id-1668611' id='answer-label-1668611' class=' answer'><span>no- because a low credit rating would have a negative impact on the supply chain<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-431211'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>FTSE100 and Sensex are examples of what?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='431211' \/><input type='hidden' id='answerType431211' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431211[]' id='answer-id-1668612' class='answer   answerof-431211 ' value='1668612'   \/><label for='answer-id-1668612' id='answer-label-1668612' class=' answer'><span>stock markets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431211[]' id='answer-id-1668613' class='answer   answerof-431211 ' value='1668613'   \/><label for='answer-id-1668613' id='answer-label-1668613' class=' answer'><span>commodity indices<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431211[]' id='answer-id-1668614' class='answer   answerof-431211 ' value='1668614'   \/><label for='answer-id-1668614' id='answer-label-1668614' class=' answer'><span>financial reports<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431211[]' id='answer-id-1668615' class='answer   answerof-431211 ' value='1668615'   \/><label for='answer-id-1668615' id='answer-label-1668615' class=' answer'><span>public sector organisations<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-431212'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>In which instance would multiple sourcing be the most applicable approach?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='431212' \/><input type='hidden' id='answerType431212' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431212[]' id='answer-id-1668616' class='answer   answerof-431212 ' value='1668616'   \/><label for='answer-id-1668616' id='answer-label-1668616' class=' answer'><span>Sourcing for the provision of a service, where close relationship management is required<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431212[]' id='answer-id-1668617' class='answer   answerof-431212 ' value='1668617'   \/><label for='answer-id-1668617' id='answer-label-1668617' class=' answer'><span>Sourcing a specialised, unique component where the supplier\u2019s knowledge is key<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431212[]' id='answer-id-1668618' class='answer   answerof-431212 ' value='1668618'   \/><label for='answer-id-1668618' id='answer-label-1668618' class=' answer'><span>Sourcing for high-cost, strategically important components<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431212[]' id='answer-id-1668619' class='answer   answerof-431212 ' value='1668619'   \/><label for='answer-id-1668619' id='answer-label-1668619' class=' answer'><span>Sourcing for components required at short notice<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-431213'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>In which instance would multiple sourcing be the most applicable approach?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='431213' \/><input type='hidden' id='answerType431213' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431213[]' id='answer-id-1668620' class='answer   answerof-431213 ' value='1668620'   \/><label for='answer-id-1668620' id='answer-label-1668620' class=' answer'><span>Sourcing for the provision of a service, where close relationship management is required<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431213[]' id='answer-id-1668621' class='answer   answerof-431213 ' value='1668621'   \/><label for='answer-id-1668621' id='answer-label-1668621' class=' answer'><span>Sourcing a specialised, unique component where the supplier's knowledge is key<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431213[]' id='answer-id-1668622' class='answer   answerof-431213 ' value='1668622'   \/><label for='answer-id-1668622' id='answer-label-1668622' class=' answer'><span>Sourcing for high-cost, strategically important components<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431213[]' id='answer-id-1668623' class='answer   answerof-431213 ' value='1668623'   \/><label for='answer-id-1668623' id='answer-label-1668623' class=' answer'><span>Sourcing for components required at short notice<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-431214'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers. <br \/>\r<br>What is a disadvantage of using a weighted point system?<\/div><input type='hidden' name='question_id[]' id='qID_17' value='431214' \/><input type='hidden' id='answerType431214' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431214[]' id='answer-id-1668624' class='answer   answerof-431214 ' value='1668624'   \/><label for='answer-id-1668624' id='answer-label-1668624' class=' answer'><span>it allows transparency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431214[]' id='answer-id-1668625' class='answer   answerof-431214 ' value='1668625'   \/><label for='answer-id-1668625' id='answer-label-1668625' class=' answer'><span>it is time-consuming to create<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431214[]' id='answer-id-1668626' class='answer   answerof-431214 ' value='1668626'   \/><label for='answer-id-1668626' id='answer-label-1668626' class=' answer'><span>it is easy to manipulate<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431214[]' id='answer-id-1668627' class='answer   answerof-431214 ' value='1668627'   \/><label for='answer-id-1668627' id='answer-label-1668627' class=' answer'><span>it is hard to be objective<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-431215'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>What are some of the benefits of conducting unscheduled supplier audits? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_18' value='431215' \/><input type='hidden' id='answerType431215' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431215[]' id='answer-id-1668628' class='answer   answerof-431215 ' value='1668628'   \/><label for='answer-id-1668628' id='answer-label-1668628' class=' answer'><span>Unscheduled audits significantly reduce costs compared to scheduled visits<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431215[]' id='answer-id-1668629' class='answer   answerof-431215 ' value='1668629'   \/><label for='answer-id-1668629' id='answer-label-1668629' class=' answer'><span>Unscheduled audits help to achieve an unbiased assessment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431215[]' id='answer-id-1668630' class='answer   answerof-431215 ' value='1668630'   \/><label for='answer-id-1668630' id='answer-label-1668630' class=' answer'><span>Unscheduled audits help to identify non-compliance issues<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431215[]' id='answer-id-1668631' class='answer   answerof-431215 ' value='1668631'   \/><label for='answer-id-1668631' id='answer-label-1668631' class=' answer'><span>Unscheduled audits increase the risk of providing misinformation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431215[]' id='answer-id-1668632' class='answer   answerof-431215 ' value='1668632'   \/><label for='answer-id-1668632' id='answer-label-1668632' class=' answer'><span>Unscheduled audits are more time-efficient than scheduled audits<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-431216'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Which models would be appropriate for analysis of the supply market? <br \/>\r<br>1. Porter's Five Forces <br \/>\r<br>2. Porter\u2019s Value Chain <br \/>\r<br>3. STEEPLED <br \/>\r<br>4. Ishikawa Fishbone<\/div><input type='hidden' name='question_id[]' id='qID_19' value='431216' \/><input type='hidden' id='answerType431216' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431216[]' id='answer-id-1668633' class='answer   answerof-431216 ' value='1668633'   \/><label for='answer-id-1668633' id='answer-label-1668633' class=' answer'><span>1 and 2 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431216[]' id='answer-id-1668634' class='answer   answerof-431216 ' value='1668634'   \/><label for='answer-id-1668634' id='answer-label-1668634' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431216[]' id='answer-id-1668635' class='answer   answerof-431216 ' value='1668635'   \/><label for='answer-id-1668635' id='answer-label-1668635' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431216[]' id='answer-id-1668636' class='answer   answerof-431216 ' value='1668636'   \/><label for='answer-id-1668636' id='answer-label-1668636' class=' answer'><span>3 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-431217'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='431217' \/><input type='hidden' id='answerType431217' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431217[]' id='answer-id-1668637' class='answer   answerof-431217 ' value='1668637'   \/><label for='answer-id-1668637' id='answer-label-1668637' class=' answer'><span>Yes- a low gearing ratio means the company's finances are made up of equity rather than debt<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431217[]' id='answer-id-1668638' class='answer   answerof-431217 ' value='1668638'   \/><label for='answer-id-1668638' id='answer-label-1668638' class=' answer'><span>Yes- a low gearing ratio shows that the business is solvent and can deal with supply chain disruptions easily<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431217[]' id='answer-id-1668639' class='answer   answerof-431217 ' value='1668639'   \/><label for='answer-id-1668639' id='answer-label-1668639' class=' answer'><span>No- a low gearing suggests that the company is financed by long-term debt rather than equity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431217[]' id='answer-id-1668640' class='answer   answerof-431217 ' value='1668640'   \/><label for='answer-id-1668640' id='answer-label-1668640' class=' answer'><span>No- a low gearing shows you that a company isn't likely to be profitable<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-431218'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>Ramesh is an IT category manager within the UK\u2019s National Health Service and is responsible for the procurement of a new high-value network system, which will spread across multiple doctors' practices and community health centres. Ramesh has reviewed different tender approaches and concluded that the use of a restricted tender is the most appropriate. <br \/>\r<br>Which of the following statements is true for a restricted tender process?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='431218' \/><input type='hidden' id='answerType431218' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431218[]' id='answer-id-1668641' class='answer   answerof-431218 ' value='1668641'   \/><label for='answer-id-1668641' id='answer-label-1668641' class=' answer'><span>Direct negotiations occur prior to suppliers submitting their offer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431218[]' id='answer-id-1668642' class='answer   answerof-431218 ' value='1668642'   \/><label for='answer-id-1668642' id='answer-label-1668642' class=' answer'><span>The contract will be awarded strictly on pricing criteria<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431218[]' id='answer-id-1668643' class='answer   answerof-431218 ' value='1668643'   \/><label for='answer-id-1668643' id='answer-label-1668643' class=' answer'><span>Suppliers responding to the tender are pre-qualified<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431218[]' id='answer-id-1668644' class='answer   answerof-431218 ' value='1668644'   \/><label for='answer-id-1668644' id='answer-label-1668644' class=' answer'><span>It is only relevant when there are few suppliers in the market<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-431219'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>Which of the following would be a valid reason to make a product inhouse, rather than buy it from a supplier?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='431219' \/><input type='hidden' id='answerType431219' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431219[]' id='answer-id-1668645' class='answer   answerof-431219 ' value='1668645'   \/><label for='answer-id-1668645' id='answer-label-1668645' class=' answer'><span>improved quality control<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431219[]' id='answer-id-1668646' class='answer   answerof-431219 ' value='1668646'   \/><label for='answer-id-1668646' id='answer-label-1668646' class=' answer'><span>less inventory<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431219[]' id='answer-id-1668647' class='answer   answerof-431219 ' value='1668647'   \/><label for='answer-id-1668647' id='answer-label-1668647' class=' answer'><span>killset of supplier is higher<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431219[]' id='answer-id-1668648' class='answer   answerof-431219 ' value='1668648'   \/><label for='answer-id-1668648' id='answer-label-1668648' class=' answer'><span>threat of substitutions<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-431220'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>Tendering is a more formal and regimented process than sending out requests for quotations. <br \/>\r<br>Which of the following are services that are often put out to tender? Select THREE.<\/div><input type='hidden' name='question_id[]' id='qID_23' value='431220' \/><input type='hidden' id='answerType431220' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431220[]' id='answer-id-1668649' class='answer   answerof-431220 ' value='1668649'   \/><label for='answer-id-1668649' id='answer-label-1668649' class=' answer'><span>security<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431220[]' id='answer-id-1668650' class='answer   answerof-431220 ' value='1668650'   \/><label for='answer-id-1668650' id='answer-label-1668650' class=' answer'><span>consultancy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431220[]' id='answer-id-1668651' class='answer   answerof-431220 ' value='1668651'   \/><label for='answer-id-1668651' id='answer-label-1668651' class=' answer'><span>provision of raw materials<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431220[]' id='answer-id-1668652' class='answer   answerof-431220 ' value='1668652'   \/><label for='answer-id-1668652' id='answer-label-1668652' class=' answer'><span>office supplies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431220[]' id='answer-id-1668653' class='answer   answerof-431220 ' value='1668653'   \/><label for='answer-id-1668653' id='answer-label-1668653' class=' answer'><span>cleaning<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-431221'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>A buyer has discovered their supplier has taken the passports of some of their workforce. The supplier has offered the buyer a discount against the contract, but the discount only applies if the buyer does not report this finding. <br \/>\r<br>Which ethical concerns should the buyer report to the necessary stakeholders? <br \/>\r<br>1. Fraudulent activity <br \/>\r<br>2. Bribery <br \/>\r<br>3. Modern slavery <br \/>\r<br>4. Breach of confidentiality<\/div><input type='hidden' name='question_id[]' id='qID_24' value='431221' \/><input type='hidden' id='answerType431221' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431221[]' id='answer-id-1668654' class='answer   answerof-431221 ' value='1668654'   \/><label for='answer-id-1668654' id='answer-label-1668654' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431221[]' id='answer-id-1668655' class='answer   answerof-431221 ' value='1668655'   \/><label for='answer-id-1668655' id='answer-label-1668655' class=' answer'><span>1 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431221[]' id='answer-id-1668656' class='answer   answerof-431221 ' value='1668656'   \/><label for='answer-id-1668656' id='answer-label-1668656' class=' answer'><span>1 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431221[]' id='answer-id-1668657' class='answer   answerof-431221 ' value='1668657'   \/><label for='answer-id-1668657' id='answer-label-1668657' class=' answer'><span>2 and 4 only<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-431222'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>Which of the following should be considered when calculating ratios relating to a supplier's liquidity?<\/div><input type='hidden' name='question_id[]' id='qID_25' value='431222' \/><input type='hidden' id='answerType431222' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431222[]' id='answer-id-1668658' class='answer   answerof-431222 ' value='1668658'   \/><label for='answer-id-1668658' id='answer-label-1668658' class=' answer'><span>inventory<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431222[]' id='answer-id-1668659' class='answer   answerof-431222 ' value='1668659'   \/><label for='answer-id-1668659' id='answer-label-1668659' class=' answer'><span>reserves<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431222[]' id='answer-id-1668660' class='answer   answerof-431222 ' value='1668660'   \/><label for='answer-id-1668660' id='answer-label-1668660' class=' answer'><span>receivables<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431222[]' id='answer-id-1668661' class='answer   answerof-431222 ' value='1668661'   \/><label for='answer-id-1668661' id='answer-label-1668661' class=' answer'><span>profit<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-431223'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>Which of the following is considered as part of ESG?<\/div><input type='hidden' name='question_id[]' id='qID_26' value='431223' \/><input type='hidden' id='answerType431223' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431223[]' id='answer-id-1668662' class='answer   answerof-431223 ' value='1668662'   \/><label for='answer-id-1668662' id='answer-label-1668662' class=' answer'><span>bribery, corruption and the environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431223[]' id='answer-id-1668663' class='answer   answerof-431223 ' value='1668663'   \/><label for='answer-id-1668663' id='answer-label-1668663' class=' answer'><span>market conditions and product lifecycle<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431223[]' id='answer-id-1668664' class='answer   answerof-431223 ' value='1668664'   \/><label for='answer-id-1668664' id='answer-label-1668664' class=' answer'><span>liquidity, gearing and profitability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431223[]' id='answer-id-1668665' class='answer   answerof-431223 ' value='1668665'   \/><label for='answer-id-1668665' id='answer-label-1668665' class=' answer'><span>economic and social governance<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-431224'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>Single sourcing is only used by buyers where the total requirement is too small to justify splitting orders among more suppliers. Is this statement correct?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='431224' \/><input type='hidden' id='answerType431224' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431224[]' id='answer-id-1668666' class='answer   answerof-431224 ' value='1668666'   \/><label for='answer-id-1668666' id='answer-label-1668666' class=' answer'><span>No, because single sourcing should only be used where there is just one supplier in the market<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431224[]' id='answer-id-1668667' class='answer   answerof-431224 ' value='1668667'   \/><label for='answer-id-1668667' id='answer-label-1668667' class=' answer'><span>Yes, because many suppliers tend to increase stock variety and stock proliferation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431224[]' id='answer-id-1668668' class='answer   answerof-431224 ' value='1668668'   \/><label for='answer-id-1668668' id='answer-label-1668668' class=' answer'><span>No, because single sourcing may also be used when a requirement demands expensive set-up costs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431224[]' id='answer-id-1668669' class='answer   answerof-431224 ' value='1668669'   \/><label for='answer-id-1668669' id='answer-label-1668669' class=' answer'><span>Yes, because single sourcing works well within a volatile supply environment<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-431225'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>Which of the following are secondary research sources that can be used when investigating markets and suppliers? Select THREE that apply.<\/div><input type='hidden' name='question_id[]' id='qID_28' value='431225' \/><input type='hidden' id='answerType431225' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668670' class='answer   answerof-431225 ' value='1668670'   \/><label for='answer-id-1668670' id='answer-label-1668670' class=' answer'><span>Professional magazines<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668671' class='answer   answerof-431225 ' value='1668671'   \/><label for='answer-id-1668671' id='answer-label-1668671' class=' answer'><span>Focus groups<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668672' class='answer   answerof-431225 ' value='1668672'   \/><label for='answer-id-1668672' id='answer-label-1668672' class=' answer'><span>Economic indices<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668673' class='answer   answerof-431225 ' value='1668673'   \/><label for='answer-id-1668673' id='answer-label-1668673' class=' answer'><span>Supplier websites<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668674' class='answer   answerof-431225 ' value='1668674'   \/><label for='answer-id-1668674' id='answer-label-1668674' class=' answer'><span>Direct conversations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431225[]' id='answer-id-1668675' class='answer   answerof-431225 ' value='1668675'   \/><label for='answer-id-1668675' id='answer-label-1668675' class=' answer'><span>Supplier interviews<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-431226'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>A buyer might opt to do an 'Invitation to Tender' rather than a 'Request for Quotation' process because ...<\/div><input type='hidden' name='question_id[]' id='qID_29' value='431226' \/><input type='hidden' id='answerType431226' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431226[]' id='answer-id-1668676' class='answer   answerof-431226 ' value='1668676'   \/><label for='answer-id-1668676' id='answer-label-1668676' class=' answer'><span>The supplier market is an oligopoly where there are a few large suppliers dominating the market<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431226[]' id='answer-id-1668677' class='answer   answerof-431226 ' value='1668677'   \/><label for='answer-id-1668677' id='answer-label-1668677' class=' answer'><span>Time is of the essence, and decisions need to be made quickly without additional stakeholder involvement<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431226[]' id='answer-id-1668678' class='answer   answerof-431226 ' value='1668678'   \/><label for='answer-id-1668678' id='answer-label-1668678' class=' answer'><span>The contract will be low value and there are many suppliers, so a simpler approach is required<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431226[]' id='answer-id-1668679' class='answer   answerof-431226 ' value='1668679'   \/><label for='answer-id-1668679' id='answer-label-1668679' class=' answer'><span>The nature of the goods or services being purchased is complex and high value<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-431227'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>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?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='431227' \/><input type='hidden' id='answerType431227' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431227[]' id='answer-id-1668680' class='answer   answerof-431227 ' value='1668680'   \/><label for='answer-id-1668680' id='answer-label-1668680' class=' answer'><span>PQQ<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431227[]' id='answer-id-1668681' class='answer   answerof-431227 ' value='1668681'   \/><label for='answer-id-1668681' id='answer-label-1668681' class=' answer'><span>ITT<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431227[]' id='answer-id-1668682' class='answer   answerof-431227 ' value='1668682'   \/><label for='answer-id-1668682' id='answer-label-1668682' class=' answer'><span>RFQ<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431227[]' id='answer-id-1668683' class='answer   answerof-431227 ' value='1668683'   \/><label for='answer-id-1668683' id='answer-label-1668683' class=' answer'><span>RFT<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-431228'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Which of the following financial ratios would indicate a supplier's potential exposure risk to a steeprise in inflation?<\/div><input type='hidden' name='question_id[]' id='qID_31' value='431228' \/><input type='hidden' id='answerType431228' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431228[]' id='answer-id-1668684' class='answer   answerof-431228 ' value='1668684'   \/><label for='answer-id-1668684' id='answer-label-1668684' class=' answer'><span>acid test<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431228[]' id='answer-id-1668685' class='answer   answerof-431228 ' value='1668685'   \/><label for='answer-id-1668685' id='answer-label-1668685' class=' answer'><span>current ratio<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431228[]' id='answer-id-1668686' class='answer   answerof-431228 ' value='1668686'   \/><label for='answer-id-1668686' id='answer-label-1668686' class=' answer'><span>gross profit margin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431228[]' id='answer-id-1668687' class='answer   answerof-431228 ' value='1668687'   \/><label for='answer-id-1668687' id='answer-label-1668687' class=' answer'><span>gearing ratio<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-431229'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>When assessing the financial performance of a potential supplier, it is important to understand how much gross profit they are making. <br \/>\r<br>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.<\/div><input type='hidden' name='question_id[]' id='qID_32' value='431229' \/><input type='hidden' id='answerType431229' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431229[]' id='answer-id-1668688' class='answer   answerof-431229 ' value='1668688'   \/><label for='answer-id-1668688' id='answer-label-1668688' class=' answer'><span>Cost of goods sold<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431229[]' id='answer-id-1668689' class='answer   answerof-431229 ' value='1668689'   \/><label for='answer-id-1668689' id='answer-label-1668689' class=' answer'><span>Value of equity capital<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431229[]' id='answer-id-1668690' class='answer   answerof-431229 ' value='1668690'   \/><label for='answer-id-1668690' id='answer-label-1668690' class=' answer'><span>Income from sales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431229[]' id='answer-id-1668691' class='answer   answerof-431229 ' value='1668691'   \/><label for='answer-id-1668691' id='answer-label-1668691' class=' answer'><span>Current liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431229[]' id='answer-id-1668692' class='answer   answerof-431229 ' value='1668692'   \/><label for='answer-id-1668692' id='answer-label-1668692' class=' answer'><span>Total current assets<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-431230'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>Commodities are items which can be traded on the stock exchange. These are generally divided into four categories. <br \/>\r<br>What are these four categories?<\/div><input type='hidden' name='question_id[]' id='qID_33' value='431230' \/><input type='hidden' id='answerType431230' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431230[]' id='answer-id-1668693' class='answer   answerof-431230 ' value='1668693'   \/><label for='answer-id-1668693' id='answer-label-1668693' class=' answer'><span>metals, energy, elements and agriculture<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431230[]' id='answer-id-1668694' class='answer   answerof-431230 ' value='1668694'   \/><label for='answer-id-1668694' id='answer-label-1668694' class=' answer'><span>fruit, vegetables, meat and dairy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431230[]' id='answer-id-1668695' class='answer   answerof-431230 ' value='1668695'   \/><label for='answer-id-1668695' id='answer-label-1668695' class=' answer'><span>energy, agriculture, metals, livestock<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431230[]' id='answer-id-1668696' class='answer   answerof-431230 ' value='1668696'   \/><label for='answer-id-1668696' id='answer-label-1668696' class=' answer'><span>chemicals, agriculture, metals and livestock<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-431231'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Faisal is a medical equipment maintenance services procurement specialist within a local hospital. Faisal is responsible for ensuring contracts are in place that will ensure operational continuity of high-value pieces such as radiology equipment. When carrying out tender opportunities for these services, Faisal will specify, as an essential requirement, that certain standards are adhered to. <br \/>\r<br>Which of the following is a benefit of incorporating standards as a requirement within a specification?<\/div><input type='hidden' name='question_id[]' id='qID_34' value='431231' \/><input type='hidden' id='answerType431231' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431231[]' id='answer-id-1668697' class='answer   answerof-431231 ' value='1668697'   \/><label for='answer-id-1668697' id='answer-label-1668697' class=' answer'><span>Standards provide clear guidelines and remove the risk of ambiguity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431231[]' id='answer-id-1668698' class='answer   answerof-431231 ' value='1668698'   \/><label for='answer-id-1668698' id='answer-label-1668698' class=' answer'><span>Standards will mirror the buyer's requirements in its entirety<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431231[]' id='answer-id-1668699' class='answer   answerof-431231 ' value='1668699'   \/><label for='answer-id-1668699' id='answer-label-1668699' class=' answer'><span>Standards will ensure suppliers meet all the buyer's requirements<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431231[]' id='answer-id-1668700' class='answer   answerof-431231 ' value='1668700'   \/><label for='answer-id-1668700' id='answer-label-1668700' class=' answer'><span>Standards will ensure low pricing is submitted in the tender response<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-431232'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>Which of the following is true for CIPS members who sign and comply with the CIPS Code of Conduct? Members can ... <br \/>\r<br>gain an understanding of ethical and successful business operations acquire automatic entitlement to government sponsorship enjoy continued CIPS membership and access to resources bypass the need to comply with other voluntary or legal codes<\/div><input type='hidden' name='question_id[]' id='qID_35' value='431232' \/><input type='hidden' id='answerType431232' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431232[]' id='answer-id-1668701' class='answer   answerof-431232 ' value='1668701'   \/><label for='answer-id-1668701' id='answer-label-1668701' class=' answer'><span>1 and 2<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431232[]' id='answer-id-1668702' class='answer   answerof-431232 ' value='1668702'   \/><label for='answer-id-1668702' id='answer-label-1668702' class=' answer'><span>2 and 3<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431232[]' id='answer-id-1668703' class='answer   answerof-431232 ' value='1668703'   \/><label for='answer-id-1668703' id='answer-label-1668703' class=' answer'><span>1 and 4<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431232[]' id='answer-id-1668704' class='answer   answerof-431232 ' value='1668704'   \/><label for='answer-id-1668704' id='answer-label-1668704' class=' answer'><span>1 and 3<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-36' style=';'><div id='questionWrap-36'  class='   watupro-question-id-431233'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>What mechanism helps buying organisations achieve a best value outcome in a tender exercise?<\/div><input type='hidden' name='question_id[]' id='qID_36' value='431233' \/><input type='hidden' id='answerType431233' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431233[]' id='answer-id-1668705' class='answer   answerof-431233 ' value='1668705'   \/><label for='answer-id-1668705' id='answer-label-1668705' class=' answer'><span>Restricting the number of bidders<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431233[]' id='answer-id-1668706' class='answer   answerof-431233 ' value='1668706'   \/><label for='answer-id-1668706' id='answer-label-1668706' class=' answer'><span>Advertising requirements<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431233[]' id='answer-id-1668707' class='answer   answerof-431233 ' value='1668707'   \/><label for='answer-id-1668707' id='answer-label-1668707' class=' answer'><span>Providing a debrief<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431233[]' id='answer-id-1668708' class='answer   answerof-431233 ' value='1668708'   \/><label for='answer-id-1668708' id='answer-label-1668708' class=' answer'><span>Timetabling the process<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-431234'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>Credit rating agencies can assist procurement professionals. Typically, which of the following can be obtained from a credit rating agency report? Select TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_37' value='431234' \/><input type='hidden' id='answerType431234' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431234[]' id='answer-id-1668709' class='answer   answerof-431234 ' value='1668709'   \/><label for='answer-id-1668709' id='answer-label-1668709' class=' answer'><span>Product pricing information<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431234[]' id='answer-id-1668710' class='answer   answerof-431234 ' value='1668710'   \/><label for='answer-id-1668710' id='answer-label-1668710' class=' answer'><span>Payment history<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431234[]' id='answer-id-1668711' class='answer   answerof-431234 ' value='1668711'   \/><label for='answer-id-1668711' id='answer-label-1668711' class=' answer'><span>Financial stress score<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431234[]' id='answer-id-1668712' class='answer   answerof-431234 ' value='1668712'   \/><label for='answer-id-1668712' id='answer-label-1668712' class=' answer'><span>Tender submission pricing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431234[]' id='answer-id-1668713' class='answer   answerof-431234 ' value='1668713'   \/><label for='answer-id-1668713' id='answer-label-1668713' class=' answer'><span>Rebate information<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-431235'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Which of the following would you expect to find in an Invitation to Tender? Select THREE<\/div><input type='hidden' name='question_id[]' id='qID_38' value='431235' \/><input type='hidden' id='answerType431235' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431235[]' id='answer-id-1668714' class='answer   answerof-431235 ' value='1668714'   \/><label for='answer-id-1668714' id='answer-label-1668714' class=' answer'><span>awarding body<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431235[]' id='answer-id-1668715' class='answer   answerof-431235 ' value='1668715'   \/><label for='answer-id-1668715' id='answer-label-1668715' class=' answer'><span>deadline(Correct)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431235[]' id='answer-id-1668716' class='answer   answerof-431235 ' value='1668716'   \/><label for='answer-id-1668716' id='answer-label-1668716' class=' answer'><span>pricing schedule<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431235[]' id='answer-id-1668717' class='answer   answerof-431235 ' value='1668717'   \/><label for='answer-id-1668717' id='answer-label-1668717' class=' answer'><span>qualifications required<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431235[]' id='answer-id-1668718' class='answer   answerof-431235 ' value='1668718'   \/><label for='answer-id-1668718' id='answer-label-1668718' class=' answer'><span>risk assessments<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-431236'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>A public sector buyer has run a competitive tender, for which there were eight bidders. All bidders have met the public sector organisation's minimum standards. In addition, they must also meet several other requirements. <br \/>\r<br>The buyer will make the contract award decision based on which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_39' value='431236' \/><input type='hidden' id='answerType431236' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431236[]' id='answer-id-1668719' class='answer   answerof-431236 ' value='1668719'   \/><label for='answer-id-1668719' id='answer-label-1668719' class=' answer'><span>Weighted criteria<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431236[]' id='answer-id-1668720' class='answer   answerof-431236 ' value='1668720'   \/><label for='answer-id-1668720' id='answer-label-1668720' class=' answer'><span>The supplier location<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431236[]' id='answer-id-1668721' class='answer   answerof-431236 ' value='1668721'   \/><label for='answer-id-1668721' id='answer-label-1668721' class=' answer'><span>Framework agreement terms<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431236[]' id='answer-id-1668722' class='answer   answerof-431236 ' value='1668722'   \/><label for='answer-id-1668722' id='answer-label-1668722' class=' answer'><span>The bidder's price<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-431237'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>A procurement manager for a major retail group is using ratio analysis to assess the financial viability of suppliers who have tendered for a logistics services tender. The recommended supplier has a current ratio of 0.6. <br \/>\r<br>What are the potential consequences of awarding the contract to this supplier, given their current ratio is below 1?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='431237' \/><input type='hidden' id='answerType431237' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431237[]' id='answer-id-1668723' class='answer   answerof-431237 ' value='1668723'   \/><label for='answer-id-1668723' id='answer-label-1668723' class=' answer'><span>The results of the current ratio do not mean anything as long as the supplier has proven technical merit<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431237[]' id='answer-id-1668724' class='answer   answerof-431237 ' value='1668724'   \/><label for='answer-id-1668724' id='answer-label-1668724' class=' answer'><span>The supplier will be unable to cover long-term liabilities from revenues<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431237[]' id='answer-id-1668725' class='answer   answerof-431237 ' value='1668725'   \/><label for='answer-id-1668725' id='answer-label-1668725' class=' answer'><span>The supplier will have cash reserves to cover unexpected expenses<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431237[]' id='answer-id-1668726' class='answer   answerof-431237 ' value='1668726'   \/><label for='answer-id-1668726' id='answer-label-1668726' class=' answer'><span>The supplier will be unable to pay its short-term liabilities using current assets<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-41'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons10943\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; 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   \t \n<\/script>\n<p>&nbsp;<\/p>\n<h3>Continue to read our <a href=\"https:\/\/www.dumpsbase.com\/freedumps\/cips-l4m4-exam-dumps-v11-02-continue-to-check-l4m4-free-dumps-part-2-q41-q80-for-ethical-and-responsible-sourcing-exam-preparation.html\"><span style=\"background-color: #ffcc99;\"><em>L4M4 free dumps (Part 2, Q41-Q80) of V11.02<\/em><\/span><\/a> here.<\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We know the CIPS L4M4 Ethical and Responsible Sourcing exam is one of the core modules for the CIPS Level 4 Diploma in Procurement and Supply qualification. DumpsBase has updated the L4M4 dumps to V11.02, validating your skills and knowledge in the legal and ethical impact and the implications of sustainability, encompassing economic, environmental, social, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13445,13446],"tags":[19996,18509],"class_list":["post-111646","post","type-post","status-publish","format-standard","hentry","category-cips","category-cips-level-4-diploma-in-procurement-and-supply","tag-cips-ethical-and-responsible-sourcing","tag-l4m4-dumps"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=111646"}],"version-history":[{"count":2,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111646\/revisions"}],"predecessor-version":[{"id":111996,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111646\/revisions\/111996"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=111646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=111646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=111646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}