{"id":111994,"date":"2025-10-10T05:49:35","date_gmt":"2025-10-10T05:49:35","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=111994"},"modified":"2025-10-24T06:43:23","modified_gmt":"2025-10-24T06:43:23","slug":"cips-l4m4-exam-dumps-v11-02-continue-to-check-l4m4-free-dumps-part-2-q41-q80-for-ethical-and-responsible-sourcing-exam-preparation","status":"publish","type":"post","link":"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","title":{"rendered":"CIPS L4M4 Exam Dumps (V11.02): Continue to Check L4M4 Free Dumps (Part 2, Q41-Q80) for Ethical and Responsible Sourcing Exam Preparation"},"content":{"rendered":"<p>By successfully passing the Ethical and Responsible Sourcing L4M4 exam, you will improve new career opportunities with the CIPS Level 4 Diploma in Procurement and Supply qualification. To pass the L4M4 exam smoothly, you can come to DumpsBase and download the CIPS L4M4 exam dumps (V11.02). These updated questions have helped countless candidates achieve their CIPS Level 4 certification, with many reporting exceptional scores on their first try. The overwhelmingly positive feedback and high success rate highlight the reliability and quality of these questions and answers, making DumpsBase a trusted choice for Ethical and Responsible Sourcing exam preparation. Also, you can read <a href=\"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\"><em><strong>L4M4 free dumps (Part 1, Q1-Q40)<\/strong><\/em><\/a> online to check the quality. If you think these demos are not enough, we will continue to share more L4M4 free dumps.<\/p>\n<h2>Below are the <span style=\"background-color: #ccffcc;\"><em>L4M4 free dumps (Part 2, Q41-Q80) of V11.02<\/em><\/span> for reading more demos online:<\/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=\"submittingExam10944\" 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-10944\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10944\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-431238'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>A buyer has been tasked with placing an order for steel from another country and using Incoterms for the delivery. The buyer's organisation has an in-house transportation and export clearance department. During negotiations, the buyer achieved a 25% cost reduction by accepting responsibility to arrange loading, transportation, and export clearance. <br \/>\r<br>Which Incoterm has been agreed?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='431238' \/><input type='hidden' id='answerType431238' 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-431238[]' id='answer-id-1668727' class='answer   answerof-431238 ' value='1668727'   \/><label for='answer-id-1668727' id='answer-label-1668727' class=' answer'><span>CIP - Carriage and Insurance Paid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431238[]' id='answer-id-1668728' class='answer   answerof-431238 ' value='1668728'   \/><label for='answer-id-1668728' id='answer-label-1668728' class=' answer'><span>FOB - Free on Board<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431238[]' id='answer-id-1668729' class='answer   answerof-431238 ' value='1668729'   \/><label for='answer-id-1668729' id='answer-label-1668729' class=' answer'><span>FCA - Free Carrier<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431238[]' id='answer-id-1668730' class='answer   answerof-431238 ' value='1668730'   \/><label for='answer-id-1668730' id='answer-label-1668730' class=' answer'><span>EXW - Ex Works<\/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-431239'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>A procurement manager has a new contract to award. They know there will be considerable interest from potential suppliers, as there are approximately twelve companies in the market. <br \/>\r<br>Which of the following is a benefit of using a full competitive tendering process for this new contract?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='431239' \/><input type='hidden' id='answerType431239' 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-431239[]' id='answer-id-1668731' class='answer   answerof-431239 ' value='1668731'   \/><label for='answer-id-1668731' id='answer-label-1668731' class=' answer'><span>All suppliers will know how much the others have bid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431239[]' id='answer-id-1668732' class='answer   answerof-431239 ' value='1668732'   \/><label for='answer-id-1668732' id='answer-label-1668732' class=' answer'><span>Only the procurement manager can decide who wins<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431239[]' id='answer-id-1668733' class='answer   answerof-431239 ' value='1668733'   \/><label for='answer-id-1668733' id='answer-label-1668733' class=' answer'><span>All bidders will be treated equally<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431239[]' id='answer-id-1668734' class='answer   answerof-431239 ' value='1668734'   \/><label for='answer-id-1668734' id='answer-label-1668734' class=' answer'><span>It is a quick and informal process<\/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-431240'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>What are the two main financial accounting statements of an organisation that show the values of assets and liabilities, and the profit earned in the period?<\/div><input type='hidden' name='question_id[]' id='qID_3' value='431240' \/><input type='hidden' id='answerType431240' 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-431240[]' id='answer-id-1668735' class='answer   answerof-431240 ' value='1668735'   \/><label for='answer-id-1668735' id='answer-label-1668735' class=' answer'><span>Cash flow statement (statement of cash flow) and balance sheet (statement of financial position)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431240[]' id='answer-id-1668736' class='answer   answerof-431240 ' value='1668736'   \/><label for='answer-id-1668736' id='answer-label-1668736' class=' answer'><span>Balance sheet (statement of financial position) and profit and loss account (statement of financial performance)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431240[]' id='answer-id-1668737' class='answer   answerof-431240 ' value='1668737'   \/><label for='answer-id-1668737' id='answer-label-1668737' class=' answer'><span>Profit and loss account (statement of financial performance) and chairman\u2019s statement (in the annual report)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431240[]' id='answer-id-1668738' class='answer   answerof-431240 ' value='1668738'   \/><label for='answer-id-1668738' id='answer-label-1668738' class=' answer'><span>Cash flow statement (statement of cash flow) and profit and loss statement (statement of financial performance)<\/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-431241'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Which of the following would be considered a strategic sourcing activity?<\/div><input type='hidden' name='question_id[]' id='qID_4' value='431241' \/><input type='hidden' id='answerType431241' 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-431241[]' id='answer-id-1668739' class='answer   answerof-431241 ' value='1668739'   \/><label for='answer-id-1668739' id='answer-label-1668739' class=' answer'><span>an office ordering copier paper<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431241[]' id='answer-id-1668740' class='answer   answerof-431241 ' value='1668740'   \/><label for='answer-id-1668740' id='answer-label-1668740' class=' answer'><span>a bakery ordering eggs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431241[]' id='answer-id-1668741' class='answer   answerof-431241 ' value='1668741'   \/><label for='answer-id-1668741' id='answer-label-1668741' class=' answer'><span>a factory ordering a new machine<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431241[]' id='answer-id-1668742' class='answer   answerof-431241 ' value='1668742'   \/><label for='answer-id-1668742' id='answer-label-1668742' class=' answer'><span>a restaurant ordering plastic cups<\/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-431242'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>Pierre is constructing a tender for a security contract. As well as cost, he would like to ask the security companies some questions about their health and safety processes and staff qualifications. He has created several questions and weighted these so that they add up to 25. <br \/>\r<br>is this the correct thing to do?<\/div><input type='hidden' name='question_id[]' id='qID_5' value='431242' \/><input type='hidden' id='answerType431242' 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-431242[]' id='answer-id-1668743' class='answer   answerof-431242 ' value='1668743'   \/><label for='answer-id-1668743' id='answer-label-1668743' class=' answer'><span>yes- point systems can be weighted any way a buyer choses so long as this is explained in the ITT<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431242[]' id='answer-id-1668744' class='answer   answerof-431242 ' value='1668744'   \/><label for='answer-id-1668744' id='answer-label-1668744' class=' answer'><span>yes- 25 is the correct weighting for quality question<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431242[]' id='answer-id-1668745' class='answer   answerof-431242 ' value='1668745'   \/><label for='answer-id-1668745' id='answer-label-1668745' class=' answer'><span>no- the weighting should total 10<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431242[]' id='answer-id-1668746' class='answer   answerof-431242 ' value='1668746'   \/><label for='answer-id-1668746' id='answer-label-1668746' class=' answer'><span>no- the weighting should total 100<\/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-431243'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>The procurement manager has received the following data from the supplier's accounts to facilitate the calculation of the supplier's current ratio: <br \/>\r<br>Current Assets: Stock $200; Debtors $60; Cash $40; Total $300 <br \/>\r<br>Short Term Liabilities: Bank overdraft $150 <br \/>\r<br>Which calculation will the procurement manager use to find out the current ratio?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='431243' \/><input type='hidden' id='answerType431243' 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-431243[]' id='answer-id-1668747' class='answer   answerof-431243 ' value='1668747'   \/><label for='answer-id-1668747' id='answer-label-1668747' class=' answer'><span>300\u00f7200\u00d7150300 \u00f7 200 \u00d7 150300\u00f7200\u00d7150<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431243[]' id='answer-id-1668748' class='answer   answerof-431243 ' value='1668748'   \/><label for='answer-id-1668748' id='answer-label-1668748' class=' answer'><span>300\u00f7150300 \u00f7 150300\u00f7150<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431243[]' id='answer-id-1668749' class='answer   answerof-431243 ' value='1668749'   \/><label for='answer-id-1668749' id='answer-label-1668749' class=' answer'><span>(300&#8722;150)\u00d7100(300 - 150) \u00d7 100(300&#8722;150)\u00d7100<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431243[]' id='answer-id-1668750' class='answer   answerof-431243 ' value='1668750'   \/><label for='answer-id-1668750' id='answer-label-1668750' class=' answer'><span>(300&#8722;200&#8722;150)\u00d7100(300 - 200 - 150) \u00d7 100(300&#8722;200&#8722;150)\u00d7100<\/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-431244'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>Many organisations prefer a multi-sourcing approach because of the advantages it provides. <br \/>\r<br>Which of the following might be an advantage of multi-sourcing?<\/div><input type='hidden' name='question_id[]' id='qID_7' value='431244' \/><input type='hidden' id='answerType431244' 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-431244[]' id='answer-id-1668751' class='answer   answerof-431244 ' value='1668751'   \/><label for='answer-id-1668751' id='answer-label-1668751' class=' answer'><span>It is the only approach that supports the open tendering process<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431244[]' id='answer-id-1668752' class='answer   answerof-431244 ' value='1668752'   \/><label for='answer-id-1668752' id='answer-label-1668752' class=' answer'><span>It is the only approach that enables the buyer to isolate the best supplier from among many<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431244[]' id='answer-id-1668753' class='answer   answerof-431244 ' value='1668753'   \/><label for='answer-id-1668753' id='answer-label-1668753' class=' answer'><span>It helps the buyer to increase stock varieties to avoid stock-outs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431244[]' id='answer-id-1668754' class='answer   answerof-431244 ' value='1668754'   \/><label for='answer-id-1668754' id='answer-label-1668754' class=' answer'><span>It increases process flexibility and switching using a range of approved suppliers<\/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-431245'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>What are the risks of outsourcing? <br \/>\r<br>1. Loss of control of project <br \/>\r<br>2. Loss of assets <br \/>\r<br>3. Loss of future business opportunities <br \/>\r<br>4. Loss of private information<\/div><input type='hidden' name='question_id[]' id='qID_8' value='431245' \/><input type='hidden' id='answerType431245' 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-431245[]' id='answer-id-1668755' class='answer   answerof-431245 ' value='1668755'   \/><label for='answer-id-1668755' id='answer-label-1668755' class=' answer'><span>1 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431245[]' id='answer-id-1668756' class='answer   answerof-431245 ' value='1668756'   \/><label for='answer-id-1668756' id='answer-label-1668756' class=' answer'><span>2 and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431245[]' id='answer-id-1668757' class='answer   answerof-431245 ' value='1668757'   \/><label for='answer-id-1668757' id='answer-label-1668757' class=' answer'><span>3 and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431245[]' id='answer-id-1668758' class='answer   answerof-431245 ' value='1668758'   \/><label for='answer-id-1668758' id='answer-label-1668758' class=' answer'><span>1 and 2 only<\/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-431246'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>When looking at credit scores, a supplier may be classified as a high risk for reasons that are notlinked to poor credit. <br \/>\r<br>Which of the following could these be? Select TWO<\/div><input type='hidden' name='question_id[]' id='qID_9' value='431246' \/><input type='hidden' id='answerType431246' 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-431246[]' id='answer-id-1668759' class='answer   answerof-431246 ' value='1668759'   \/><label for='answer-id-1668759' id='answer-label-1668759' class=' answer'><span>The organisation is new<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431246[]' id='answer-id-1668760' class='answer   answerof-431246 ' value='1668760'   \/><label for='answer-id-1668760' id='answer-label-1668760' class=' answer'><span>The organisation has no loans or credit cards<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431246[]' id='answer-id-1668761' class='answer   answerof-431246 ' value='1668761'   \/><label for='answer-id-1668761' id='answer-label-1668761' class=' answer'><span>The organisation has lots of fixed assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431246[]' id='answer-id-1668762' class='answer   answerof-431246 ' value='1668762'   \/><label for='answer-id-1668762' id='answer-label-1668762' class=' answer'><span>The organisation does not employ many people<\/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-431247'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>The use of Incoterms will eliminate all risks involved in international trade transactions. <br \/>\r<br>Is this statement true?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='431247' \/><input type='hidden' id='answerType431247' 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-431247[]' id='answer-id-1668763' class='answer   answerof-431247 ' value='1668763'   \/><label for='answer-id-1668763' id='answer-label-1668763' class=' answer'><span>No, they can reduce risks but will not eliminate them<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431247[]' id='answer-id-1668764' class='answer   answerof-431247 ' value='1668764'   \/><label for='answer-id-1668764' id='answer-label-1668764' class=' answer'><span>No, they will only provide assurance about the quality of goods<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431247[]' id='answer-id-1668765' class='answer   answerof-431247 ' value='1668765'   \/><label for='answer-id-1668765' id='answer-label-1668765' class=' answer'><span>Yes, they are popular because all risks are avoided<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431247[]' id='answer-id-1668766' class='answer   answerof-431247 ' value='1668766'   \/><label for='answer-id-1668766' id='answer-label-1668766' class=' answer'><span>Yes, they eliminate all the risks of buying from an overseas supplier<\/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-431248'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>Which of the following areas of legislative and regulatory requirements prevent the deliberate limit-ing of supply and the formation of cartels?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='431248' \/><input type='hidden' id='answerType431248' 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-431248[]' id='answer-id-1668767' class='answer   answerof-431248 ' value='1668767'   \/><label for='answer-id-1668767' id='answer-label-1668767' class=' answer'><span>data protection<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431248[]' id='answer-id-1668768' class='answer   answerof-431248 ' value='1668768'   \/><label for='answer-id-1668768' id='answer-label-1668768' class=' answer'><span>product safety standards<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431248[]' id='answer-id-1668769' class='answer   answerof-431248 ' value='1668769'   \/><label for='answer-id-1668769' id='answer-label-1668769' class=' answer'><span>marketplace competition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431248[]' id='answer-id-1668770' class='answer   answerof-431248 ' value='1668770'   \/><label for='answer-id-1668770' id='answer-label-1668770' class=' answer'><span>ethical practice<\/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-431249'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Incoterms are designed to be understood and interpreted on a worldwide basis. <br \/>\r<br>What is the interpretation for FOB (Free on Board)?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='431249' \/><input type='hidden' id='answerType431249' 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-431249[]' id='answer-id-1668771' class='answer   answerof-431249 ' value='1668771'   \/><label for='answer-id-1668771' id='answer-label-1668771' class=' answer'><span>The buyer takes responsibility for the goods after they are loaded on the ship, plus all subsequent costs, including freight charges<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431249[]' id='answer-id-1668772' class='answer   answerof-431249 ' value='1668772'   \/><label for='answer-id-1668772' id='answer-label-1668772' class=' answer'><span>The buyer takes responsibility for the goods after they are loaded on the ship, plus subsequent costs, excluding freight charges<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431249[]' id='answer-id-1668773' class='answer   answerof-431249 ' value='1668773'   \/><label for='answer-id-1668773' id='answer-label-1668773' class=' answer'><span>The buyer takes responsibility for taking the goods from the departure quayside to the ship, plus all subsequent costs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431249[]' id='answer-id-1668774' class='answer   answerof-431249 ' value='1668774'   \/><label for='answer-id-1668774' id='answer-label-1668774' class=' answer'><span>The buyer takes responsibility for transferring the goods from the seller's premises to the ship, plus all subsequent costs<\/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-431250'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>Tracey Collum is a procurement professional and married to Nick Collum. Tracey has been leading a tender for a new radar system, where four suppliers have submitted their bids. After the bids were received, Nick joined one of the suppliers (Supplier X) as the project director for radar systems. Nick has asked Tracey to award the contract to Supplier X. <br \/>\r<br>What should Tracey do?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='431250' \/><input type='hidden' id='answerType431250' 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-431250[]' id='answer-id-1668775' class='answer   answerof-431250 ' value='1668775'   \/><label for='answer-id-1668775' id='answer-label-1668775' class=' answer'><span>Award the contract to Supplier X because Nick will be promoted if Supplier X wins the contract<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431250[]' id='answer-id-1668776' class='answer   answerof-431250 ' value='1668776'   \/><label for='answer-id-1668776' id='answer-label-1668776' class=' answer'><span>Award the contract to Supplier X because Tracey can ask for a better price because they are married<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431250[]' id='answer-id-1668777' class='answer   answerof-431250 ' value='1668777'   \/><label for='answer-id-1668777' id='answer-label-1668777' class=' answer'><span>Ask to be removed from the tender due to a conflict of interest and complete a conflict of interest form<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431250[]' id='answer-id-1668778' class='answer   answerof-431250 ' value='1668778'   \/><label for='answer-id-1668778' id='answer-label-1668778' class=' answer'><span>Remove Supplier X from the tender due to a conflict of interest and continue with the tender<\/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-431251'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>It is good practice for the procuring organisation's auditors to undertake the following upon completion of a supplier's audit. Select the TWO that apply.<\/div><input type='hidden' name='question_id[]' id='qID_14' value='431251' \/><input type='hidden' id='answerType431251' 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-431251[]' id='answer-id-1668779' class='answer   answerof-431251 ' value='1668779'   \/><label for='answer-id-1668779' id='answer-label-1668779' class=' answer'><span>Do nothing, after all, this is a known supplier incapable of serious breaches<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431251[]' id='answer-id-1668780' class='answer   answerof-431251 ' value='1668780'   \/><label for='answer-id-1668780' id='answer-label-1668780' class=' answer'><span>Inform the supplier of any non-conformances and improvement opportunities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431251[]' id='answer-id-1668781' class='answer   answerof-431251 ' value='1668781'   \/><label for='answer-id-1668781' id='answer-label-1668781' class=' answer'><span>Report non-compliance to police and have the supplier arrested for lapses<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431251[]' id='answer-id-1668782' class='answer   answerof-431251 ' value='1668782'   \/><label for='answer-id-1668782' id='answer-label-1668782' class=' answer'><span>Prepare an audit report that may be shared with the supplier in advance<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431251[]' id='answer-id-1668783' class='answer   answerof-431251 ' value='1668783'   \/><label for='answer-id-1668783' id='answer-label-1668783' class=' answer'><span>Call for a meeting with colleagues and share confidential details of the audit<\/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-431252'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>The gross profit of a company can be calculated by using a simple formula. <br \/>\r<br>What is this?<\/div><input type='hidden' name='question_id[]' id='qID_15' value='431252' \/><input type='hidden' id='answerType431252' 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-431252[]' id='answer-id-1668784' class='answer   answerof-431252 ' value='1668784'   \/><label for='answer-id-1668784' id='answer-label-1668784' class=' answer'><span>total revenue - cost of sales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431252[]' id='answer-id-1668785' class='answer   answerof-431252 ' value='1668785'   \/><label for='answer-id-1668785' id='answer-label-1668785' class=' answer'><span>assets - liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431252[]' id='answer-id-1668786' class='answer   answerof-431252 ' value='1668786'   \/><label for='answer-id-1668786' id='answer-label-1668786' class=' answer'><span>cost of sales - fixed assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431252[]' id='answer-id-1668787' class='answer   answerof-431252 ' value='1668787'   \/><label for='answer-id-1668787' id='answer-label-1668787' class=' answer'><span>debt owed - total sales<\/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-431253'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>Procurement professionals should never appoint any suppliers that have a low credit rating. Is this statement TRUE?<\/div><input type='hidden' name='question_id[]' id='qID_16' value='431253' \/><input type='hidden' id='answerType431253' 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-431253[]' id='answer-id-1668788' class='answer   answerof-431253 ' value='1668788'   \/><label for='answer-id-1668788' id='answer-label-1668788' class=' answer'><span>Yes, because this rating indicates poor financial management practices<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431253[]' id='answer-id-1668789' class='answer   answerof-431253 ' value='1668789'   \/><label for='answer-id-1668789' id='answer-label-1668789' class=' answer'><span>No, because a credit rating is only one financial tool to be used in determining financial competence<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431253[]' id='answer-id-1668790' class='answer   answerof-431253 ' value='1668790'   \/><label for='answer-id-1668790' id='answer-label-1668790' class=' answer'><span>No, because a credit rating is not an appropriate decision-making tool<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431253[]' id='answer-id-1668791' class='answer   answerof-431253 ' value='1668791'   \/><label for='answer-id-1668791' id='answer-label-1668791' class=' answer'><span>Yes, because this rating means that insolvency or liquidation is imminent<\/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-431254'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Which of the following are primary sources of data? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_17' value='431254' \/><input type='hidden' id='answerType431254' 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-431254[]' id='answer-id-1668792' class='answer   answerof-431254 ' value='1668792'   \/><label for='answer-id-1668792' id='answer-label-1668792' class=' answer'><span>market reasearch commissioned by a rival company<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431254[]' id='answer-id-1668793' class='answer   answerof-431254 ' value='1668793'   \/><label for='answer-id-1668793' id='answer-label-1668793' class=' answer'><span>economic indices such as PPI or CPI<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431254[]' id='answer-id-1668794' class='answer   answerof-431254 ' value='1668794'   \/><label for='answer-id-1668794' id='answer-label-1668794' class=' answer'><span>published price lists<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431254[]' id='answer-id-1668795' class='answer   answerof-431254 ' value='1668795'   \/><label for='answer-id-1668795' id='answer-label-1668795' class=' answer'><span>trade fairs and exibits<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431254[]' id='answer-id-1668796' class='answer   answerof-431254 ' value='1668796'   \/><label for='answer-id-1668796' id='answer-label-1668796' class=' answer'><span>phone calls with current suppliers<\/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-431255'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>A buyer in the public sector has put an advert out asking for interested suppliers to express an interest in a potential tender activity to provide a facilities management contract to a hospital trust. The suppliers who have met that criteria are then sent a document detailing how they should submit their tender, how to price the opportunity, asks Questions relating to how they will deliver the service and gives a deadline for bids to be submitted. <br \/>\r<br>Which document have the suppliers ben sent?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='431255' \/><input type='hidden' id='answerType431255' 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-431255[]' id='answer-id-1668797' class='answer   answerof-431255 ' value='1668797'   \/><label for='answer-id-1668797' id='answer-label-1668797' class=' answer'><span>Request for Quotation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431255[]' id='answer-id-1668798' class='answer   answerof-431255 ' value='1668798'   \/><label for='answer-id-1668798' id='answer-label-1668798' class=' answer'><span>Invitation to Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431255[]' id='answer-id-1668799' class='answer   answerof-431255 ' value='1668799'   \/><label for='answer-id-1668799' id='answer-label-1668799' class=' answer'><span>Invitation to Quote<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431255[]' id='answer-id-1668800' class='answer   answerof-431255 ' value='1668800'   \/><label for='answer-id-1668800' id='answer-label-1668800' class=' answer'><span>Request for Tender<\/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-431256'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Greg is doing some research on a potential supplier and is concerned that the supplier's funding is based on long-term debts and loans. Working with this supplier therefore might bring additional risks to Greg's business. <br \/>\r<br>What should Greg do about his concerns?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='431256' \/><input type='hidden' id='answerType431256' 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-431256[]' id='answer-id-1668801' class='answer   answerof-431256 ' value='1668801'   \/><label for='answer-id-1668801' id='answer-label-1668801' class=' answer'><span>use the Return on Investment Ratio<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431256[]' id='answer-id-1668802' class='answer   answerof-431256 ' value='1668802'   \/><label for='answer-id-1668802' id='answer-label-1668802' class=' answer'><span>do an Acid Test<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431256[]' id='answer-id-1668803' class='answer   answerof-431256 ' value='1668803'   \/><label for='answer-id-1668803' id='answer-label-1668803' class=' answer'><span>work out the supplier's EBITDA<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431256[]' id='answer-id-1668804' class='answer   answerof-431256 ' value='1668804'   \/><label for='answer-id-1668804' id='answer-label-1668804' class=' answer'><span>work out the supplier's gearing ratio<\/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-431257'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>During which stage of the procurement cycle would you remove suppliers that do not add value, or could pose a risk to the buying organisation?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='431257' \/><input type='hidden' id='answerType431257' 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-431257[]' id='answer-id-1668805' class='answer   answerof-431257 ' value='1668805'   \/><label for='answer-id-1668805' id='answer-label-1668805' class=' answer'><span>develop strategy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431257[]' id='answer-id-1668806' class='answer   answerof-431257 ' value='1668806'   \/><label for='answer-id-1668806' id='answer-label-1668806' class=' answer'><span>supplier selection<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431257[]' id='answer-id-1668807' class='answer   answerof-431257 ' value='1668807'   \/><label for='answer-id-1668807' id='answer-label-1668807' class=' answer'><span>contract award<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431257[]' id='answer-id-1668808' class='answer   answerof-431257 ' value='1668808'   \/><label for='answer-id-1668808' id='answer-label-1668808' class=' answer'><span>asset management<\/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-431258'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>Kiran is appraising some potential suppliers and has noticed that one of these suppliers has an extremely high gearing ratio. <br \/>\r<br>What would this suggest?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='431258' \/><input type='hidden' id='answerType431258' 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-431258[]' id='answer-id-1668809' class='answer   answerof-431258 ' value='1668809'   \/><label for='answer-id-1668809' id='answer-label-1668809' class=' answer'><span>the supplier is extremely profitable<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431258[]' id='answer-id-1668810' class='answer   answerof-431258 ' value='1668810'   \/><label for='answer-id-1668810' id='answer-label-1668810' class=' answer'><span>the supplier has a lot of long-term debt<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431258[]' id='answer-id-1668811' class='answer   answerof-431258 ' value='1668811'   \/><label for='answer-id-1668811' id='answer-label-1668811' class=' answer'><span>the supplier has a high cost of sales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431258[]' id='answer-id-1668812' class='answer   answerof-431258 ' value='1668812'   \/><label for='answer-id-1668812' id='answer-label-1668812' class=' answer'><span>the supplier has a strong return on investment<\/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-431259'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>Azram is a facilities category buyer within the UK police force and is managing an overseas sourcing <br \/>\r<br>project for police uniform and personal protective equipment. Azram is of the opinion that international sourcing will help deliver much-needed financial savings, which can be utilized in other areas of the UK police force. Azram is aware that exchange rate fluctuations can create risk for his organisation. <br \/>\r<br>How can Azram remove this risk?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='431259' \/><input type='hidden' id='answerType431259' 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-431259[]' id='answer-id-1668813' class='answer   answerof-431259 ' value='1668813'   \/><label for='answer-id-1668813' id='answer-label-1668813' class=' answer'><span>Evaluate international supplier\u2019s financial accounts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431259[]' id='answer-id-1668814' class='answer   answerof-431259 ' value='1668814'   \/><label for='answer-id-1668814' id='answer-label-1668814' class=' answer'><span>Carry out a competitive tender exercise<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431259[]' id='answer-id-1668815' class='answer   answerof-431259 ' value='1668815'   \/><label for='answer-id-1668815' id='answer-label-1668815' class=' answer'><span>Request to use the exchange rate applicable at the time of delivery<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431259[]' id='answer-id-1668816' class='answer   answerof-431259 ' value='1668816'   \/><label for='answer-id-1668816' id='answer-label-1668816' class=' answer'><span>Ask suppliers to quote in GBP Sterling<\/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-431260'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>In a negotiation, a supplier does not want to upset or offend the buyer, so concedes their own requirement in order to ensure harmony. <br \/>\r<br>Which negotiation tactic is the supplier using?<\/div><input type='hidden' name='question_id[]' id='qID_23' value='431260' \/><input type='hidden' id='answerType431260' 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-431260[]' id='answer-id-1668817' class='answer   answerof-431260 ' value='1668817'   \/><label for='answer-id-1668817' id='answer-label-1668817' class=' answer'><span>competitive<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431260[]' id='answer-id-1668818' class='answer   answerof-431260 ' value='1668818'   \/><label for='answer-id-1668818' id='answer-label-1668818' class=' answer'><span>collaborative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431260[]' id='answer-id-1668819' class='answer   answerof-431260 ' value='1668819'   \/><label for='answer-id-1668819' id='answer-label-1668819' class=' answer'><span>compromising<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431260[]' id='answer-id-1668820' class='answer   answerof-431260 ' value='1668820'   \/><label for='answer-id-1668820' id='answer-label-1668820' class=' answer'><span>accommodating<\/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-431261'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>A company's balance sheet will show you which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_24' value='431261' \/><input type='hidden' id='answerType431261' 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-431261[]' id='answer-id-1668821' class='answer   answerof-431261 ' value='1668821'   \/><label for='answer-id-1668821' id='answer-label-1668821' class=' answer'><span>revenue, profit and expenses<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431261[]' id='answer-id-1668822' class='answer   answerof-431261 ' value='1668822'   \/><label for='answer-id-1668822' id='answer-label-1668822' class=' answer'><span>equity, assets and liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431261[]' id='answer-id-1668823' class='answer   answerof-431261 ' value='1668823'   \/><label for='answer-id-1668823' id='answer-label-1668823' class=' answer'><span>cash coming in and out of the business<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431261[]' id='answer-id-1668824' class='answer   answerof-431261 ' value='1668824'   \/><label for='answer-id-1668824' id='answer-label-1668824' class=' answer'><span>profit, loss and assets<\/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-431262'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>Mark is a category manager responsible for buying large pieces of laboratory equipment in the public (government) sector. <br \/>\r<br>Which of the following Incoterms would ensure that an overseas supplier is responsible for paying all delivery costs, including import duties and taxes for these goods?<\/div><input type='hidden' name='question_id[]' id='qID_25' value='431262' \/><input type='hidden' id='answerType431262' 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-431262[]' id='answer-id-1668825' class='answer   answerof-431262 ' value='1668825'   \/><label for='answer-id-1668825' id='answer-label-1668825' class=' answer'><span>FAS<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431262[]' id='answer-id-1668826' class='answer   answerof-431262 ' value='1668826'   \/><label for='answer-id-1668826' id='answer-label-1668826' class=' answer'><span>EXW<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431262[]' id='answer-id-1668827' class='answer   answerof-431262 ' value='1668827'   \/><label for='answer-id-1668827' id='answer-label-1668827' class=' answer'><span>DPU<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431262[]' id='answer-id-1668828' class='answer   answerof-431262 ' value='1668828'   \/><label for='answer-id-1668828' id='answer-label-1668828' class=' answer'><span>DDP<\/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-431263'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>Which of the following is an example of intracompany trading? Select TWO<\/div><input type='hidden' name='question_id[]' id='qID_26' value='431263' \/><input type='hidden' id='answerType431263' 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-431263[]' id='answer-id-1668829' class='answer   answerof-431263 ' value='1668829'   \/><label for='answer-id-1668829' id='answer-label-1668829' class=' answer'><span>a manufacturer in the UK buys raw copper from a supplier in Chile<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431263[]' id='answer-id-1668830' class='answer   answerof-431263 ' value='1668830'   \/><label for='answer-id-1668830' id='answer-label-1668830' class=' answer'><span>two companies owned by the same entity conduct business<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431263[]' id='answer-id-1668831' class='answer   answerof-431263 ' value='1668831'   \/><label for='answer-id-1668831' id='answer-label-1668831' class=' answer'><span>two companies join together to create a new product<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431263[]' id='answer-id-1668832' class='answer   answerof-431263 ' value='1668832'   \/><label for='answer-id-1668832' id='answer-label-1668832' class=' answer'><span>two departments within the same company collaborate on a project<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-431263[]' id='answer-id-1668833' class='answer   answerof-431263 ' value='1668833'   \/><label for='answer-id-1668833' id='answer-label-1668833' class=' answer'><span>cleverness<\/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-431264'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>If a company is described as 'liquid' what does this mean?<\/div><input type='hidden' name='question_id[]' id='qID_27' value='431264' \/><input type='hidden' id='answerType431264' 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-431264[]' id='answer-id-1668834' class='answer   answerof-431264 ' value='1668834'   \/><label for='answer-id-1668834' id='answer-label-1668834' class=' answer'><span>the company is funded on equity rather than debt<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431264[]' id='answer-id-1668835' class='answer   answerof-431264 ' value='1668835'   \/><label for='answer-id-1668835' id='answer-label-1668835' class=' answer'><span>the company spends a lot of money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431264[]' id='answer-id-1668836' class='answer   answerof-431264 ' value='1668836'   \/><label for='answer-id-1668836' id='answer-label-1668836' class=' answer'><span>the company is highly profitable<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431264[]' id='answer-id-1668837' class='answer   answerof-431264 ' value='1668837'   \/><label for='answer-id-1668837' id='answer-label-1668837' class=' answer'><span>the company has enough money to pay short-term liabilities<\/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-431265'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>A business may be faced with the challenge of deciding whether to source some of its requirements from external suppliers or whether to make them internally. <br \/>\r<br>Which of the following factors is likely to justify the decision to make the requirements internally?<\/div><input type='hidden' name='question_id[]' id='qID_28' value='431265' \/><input type='hidden' id='answerType431265' 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-431265[]' id='answer-id-1668838' class='answer   answerof-431265 ' value='1668838'   \/><label for='answer-id-1668838' id='answer-label-1668838' class=' answer'><span>The other suppliers are using older technology<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431265[]' id='answer-id-1668839' class='answer   answerof-431265 ' value='1668839'   \/><label for='answer-id-1668839' id='answer-label-1668839' class=' answer'><span>The availability of in-house competencies and capacity to carry out the production<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431265[]' id='answer-id-1668840' class='answer   answerof-431265 ' value='1668840'   \/><label for='answer-id-1668840' id='answer-label-1668840' class=' answer'><span>External suppliers are likely to be overcharging<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431265[]' id='answer-id-1668841' class='answer   answerof-431265 ' value='1668841'   \/><label for='answer-id-1668841' id='answer-label-1668841' class=' answer'><span>External sourcing involves cumbersome tendering procedures<\/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-431266'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Incoterms are divided into four main groups to follow the movement of goods covering the exporter\u2019s premises, export and import points, and cost and risk. <br \/>\r<br>Which letters represent the four groups of Incoterms?<\/div><input type='hidden' name='question_id[]' id='qID_29' value='431266' \/><input type='hidden' id='answerType431266' 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-431266[]' id='answer-id-1668842' class='answer   answerof-431266 ' value='1668842'   \/><label for='answer-id-1668842' id='answer-label-1668842' class=' answer'><span>E, F, C, and D<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431266[]' id='answer-id-1668843' class='answer   answerof-431266 ' value='1668843'   \/><label for='answer-id-1668843' id='answer-label-1668843' class=' answer'><span>E, F, B, and C<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431266[]' id='answer-id-1668844' class='answer   answerof-431266 ' value='1668844'   \/><label for='answer-id-1668844' id='answer-label-1668844' class=' answer'><span>B, C, F, and G<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431266[]' id='answer-id-1668845' class='answer   answerof-431266 ' value='1668845'   \/><label for='answer-id-1668845' id='answer-label-1668845' class=' answer'><span>A, B, C, and D<\/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-431267'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down his supplier base and purchase from one supplier. <br \/>\r<br>Which type of sourcing arrangement has Ramesh began?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='431267' \/><input type='hidden' id='answerType431267' 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-431267[]' id='answer-id-1668846' class='answer   answerof-431267 ' value='1668846'   \/><label for='answer-id-1668846' id='answer-label-1668846' class=' answer'><span>dual<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431267[]' id='answer-id-1668847' class='answer   answerof-431267 ' value='1668847'   \/><label for='answer-id-1668847' id='answer-label-1668847' class=' answer'><span>multiple<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431267[]' id='answer-id-1668848' class='answer   answerof-431267 ' value='1668848'   \/><label for='answer-id-1668848' id='answer-label-1668848' class=' answer'><span>single<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431267[]' id='answer-id-1668849' class='answer   answerof-431267 ' value='1668849'   \/><label for='answer-id-1668849' id='answer-label-1668849' class=' answer'><span>sole<\/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-431268'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>'Phishing' is an activity that can occur when an employee within an organisation receives an email that appears to be from a genuine supplier but is false. These types of emails expose the organisation to the activities of expert cyber criminals. <br \/>\r<br>Which type of crime category does this activity fall within?<\/div><input type='hidden' name='question_id[]' id='qID_31' value='431268' \/><input type='hidden' id='answerType431268' 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-431268[]' id='answer-id-1668850' class='answer   answerof-431268 ' value='1668850'   \/><label for='answer-id-1668850' id='answer-label-1668850' class=' answer'><span>Bribery<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431268[]' id='answer-id-1668851' class='answer   answerof-431268 ' value='1668851'   \/><label for='answer-id-1668851' id='answer-label-1668851' class=' answer'><span>Human rights<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431268[]' id='answer-id-1668852' class='answer   answerof-431268 ' value='1668852'   \/><label for='answer-id-1668852' id='answer-label-1668852' class=' answer'><span>Corruption<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431268[]' id='answer-id-1668853' class='answer   answerof-431268 ' value='1668853'   \/><label for='answer-id-1668853' id='answer-label-1668853' class=' answer'><span>Fraud<\/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-431269'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>Robert is appraising suppliers and is keen to evaluate suppliers' contribution to the community and the environment. <br \/>\r<br>Which of the following should Robert look at?<\/div><input type='hidden' name='question_id[]' id='qID_32' value='431269' \/><input type='hidden' id='answerType431269' 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-431269[]' id='answer-id-1668854' class='answer   answerof-431269 ' value='1668854'   \/><label for='answer-id-1668854' id='answer-label-1668854' class=' answer'><span>ESG Policy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431269[]' id='answer-id-1668855' class='answer   answerof-431269 ' value='1668855'   \/><label for='answer-id-1668855' id='answer-label-1668855' class=' answer'><span>Anti-Slavery Policy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431269[]' id='answer-id-1668856' class='answer   answerof-431269 ' value='1668856'   \/><label for='answer-id-1668856' id='answer-label-1668856' class=' answer'><span>ISO9001<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431269[]' id='answer-id-1668857' class='answer   answerof-431269 ' value='1668857'   \/><label for='answer-id-1668857' id='answer-label-1668857' class=' answer'><span>ISO27000<\/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-431270'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>Other than price, what should a buyer consider when evaluating supplier quotations? <br \/>\r<br>1. Lead times <br \/>\r<br>2. Add-on costs <br \/>\r<br>3. Wastage rates <br \/>\r<br>4. Past performance<\/div><input type='hidden' name='question_id[]' id='qID_33' value='431270' \/><input type='hidden' id='answerType431270' 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-431270[]' id='answer-id-1668858' class='answer   answerof-431270 ' value='1668858'   \/><label for='answer-id-1668858' id='answer-label-1668858' class=' answer'><span>1, 2, and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431270[]' id='answer-id-1668859' class='answer   answerof-431270 ' value='1668859'   \/><label for='answer-id-1668859' id='answer-label-1668859' class=' answer'><span>1, 2, and 3 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431270[]' id='answer-id-1668860' class='answer   answerof-431270 ' value='1668860'   \/><label for='answer-id-1668860' id='answer-label-1668860' class=' answer'><span>2, 3, and 4 only<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431270[]' id='answer-id-1668861' class='answer   answerof-431270 ' value='1668861'   \/><label for='answer-id-1668861' id='answer-label-1668861' class=' answer'><span>1, 3, and 4 only<\/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-431271'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>Private sector procurement organisations should always allow suppliers at least 35 days to respond to invitations to tender. Is this statement true?<\/div><input type='hidden' name='question_id[]' id='qID_34' value='431271' \/><input type='hidden' id='answerType431271' 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-431271[]' id='answer-id-1668862' class='answer   answerof-431271 ' value='1668862'   \/><label for='answer-id-1668862' id='answer-label-1668862' class=' answer'><span>No, because this timeframe will cause delays that are unacceptable to stakeholders<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431271[]' id='answer-id-1668863' class='answer   answerof-431271 ' value='1668863'   \/><label for='answer-id-1668863' id='answer-label-1668863' class=' answer'><span>Yes, because it helps suppliers to plan and prioritise their work<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431271[]' id='answer-id-1668864' class='answer   answerof-431271 ' value='1668864'   \/><label for='answer-id-1668864' id='answer-label-1668864' class=' answer'><span>No, because the complexity of the tender should inform the response timescale<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431271[]' id='answer-id-1668865' class='answer   answerof-431271 ' value='1668865'   \/><label for='answer-id-1668865' id='answer-label-1668865' class=' answer'><span>Yes, because that timeframe is internationally recognised as being appropriate<\/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-431272'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>Brooklyn Ltd is a manufacturer of windows and has a single sourcing relationship with their supplier of glass. <br \/>\r<br>What relationship style would be best suited?<\/div><input type='hidden' name='question_id[]' id='qID_35' value='431272' \/><input type='hidden' id='answerType431272' 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-431272[]' id='answer-id-1668866' class='answer   answerof-431272 ' value='1668866'   \/><label for='answer-id-1668866' id='answer-label-1668866' class=' answer'><span>collaborative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431272[]' id='answer-id-1668867' class='answer   answerof-431272 ' value='1668867'   \/><label for='answer-id-1668867' id='answer-label-1668867' class=' answer'><span>transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431272[]' id='answer-id-1668868' class='answer   answerof-431272 ' value='1668868'   \/><label for='answer-id-1668868' id='answer-label-1668868' class=' answer'><span>adversarial<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431272[]' id='answer-id-1668869' class='answer   answerof-431272 ' value='1668869'   \/><label for='answer-id-1668869' id='answer-label-1668869' class=' answer'><span>non-critical<\/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-431273'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>The procurement team received an urgent request from the business to source quotations for pestcontrol services. The team decided to use a local newspaper to advertise the requirements. <br \/>\r<br>Was this an appropriate approach to use in the circumstances?<\/div><input type='hidden' name='question_id[]' id='qID_36' value='431273' \/><input type='hidden' id='answerType431273' 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-431273[]' id='answer-id-1668870' class='answer   answerof-431273 ' value='1668870'   \/><label for='answer-id-1668870' id='answer-label-1668870' class=' answer'><span>Yes, so that the local pest control sector can decide between them who should bid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431273[]' id='answer-id-1668871' class='answer   answerof-431273 ' value='1668871'   \/><label for='answer-id-1668871' id='answer-label-1668871' class=' answer'><span>No, because they might receive too many irrelevant proposals which may delay the assessing process<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431273[]' id='answer-id-1668872' class='answer   answerof-431273 ' value='1668872'   \/><label for='answer-id-1668872' id='answer-label-1668872' class=' answer'><span>No, because international vendors must also be notified of the opportunity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431273[]' id='answer-id-1668873' class='answer   answerof-431273 ' value='1668873'   \/><label for='answer-id-1668873' id='answer-label-1668873' class=' answer'><span>Yes, they must seek as many bids as possible, even if it takes longer<\/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-431274'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>Guillerme is a Category Manager within the procurement department of a Manufacturing company. In his Category there are 200 items he procures, and he has recently undertaken an ABC analysis of these. <br \/>\r<br>Which of the following items would be C category items?<\/div><input type='hidden' name='question_id[]' id='qID_37' value='431274' \/><input type='hidden' id='answerType431274' 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-431274[]' id='answer-id-1668874' class='answer   answerof-431274 ' value='1668874'   \/><label for='answer-id-1668874' id='answer-label-1668874' class=' answer'><span>high value items<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431274[]' id='answer-id-1668875' class='answer   answerof-431274 ' value='1668875'   \/><label for='answer-id-1668875' id='answer-label-1668875' class=' answer'><span>one-off purchases<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431274[]' id='answer-id-1668876' class='answer   answerof-431274 ' value='1668876'   \/><label for='answer-id-1668876' id='answer-label-1668876' class=' answer'><span>tail spent<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431274[]' id='answer-id-1668877' class='answer   answerof-431274 ' value='1668877'   \/><label for='answer-id-1668877' id='answer-label-1668877' class=' answer'><span>strategic sourcing<\/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-431275'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Which of the following factors are typically considered when assessing a supplier's financial capacity?<\/div><input type='hidden' name='question_id[]' id='qID_38' value='431275' \/><input type='hidden' id='answerType431275' 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-431275[]' id='answer-id-1668878' class='answer   answerof-431275 ' value='1668878'   \/><label for='answer-id-1668878' id='answer-label-1668878' class=' answer'><span>The supplier\u2019s profitability and asset levels<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431275[]' id='answer-id-1668879' class='answer   answerof-431275 ' value='1668879'   \/><label for='answer-id-1668879' id='answer-label-1668879' class=' answer'><span>The price quoted in the request for quotation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431275[]' id='answer-id-1668880' class='answer   answerof-431275 ' value='1668880'   \/><label for='answer-id-1668880' id='answer-label-1668880' class=' answer'><span>The supplier\u2019s costing methods and markup percentage<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431275[]' id='answer-id-1668881' class='answer   answerof-431275 ' value='1668881'   \/><label for='answer-id-1668881' id='answer-label-1668881' class=' answer'><span>The supplier\u2019s compliance with regulations for minimum wages<\/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-431276'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>In the Public Sector, what is the evaluation criteria most often used when evaluating bids from suppliers?<\/div><input type='hidden' name='question_id[]' id='qID_39' value='431276' \/><input type='hidden' id='answerType431276' 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-431276[]' id='answer-id-1668882' class='answer   answerof-431276 ' value='1668882'   \/><label for='answer-id-1668882' id='answer-label-1668882' class=' answer'><span>Most Economically Advantageous Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431276[]' id='answer-id-1668883' class='answer   answerof-431276 ' value='1668883'   \/><label for='answer-id-1668883' id='answer-label-1668883' class=' answer'><span>Best Value for Money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431276[]' id='answer-id-1668884' class='answer   answerof-431276 ' value='1668884'   \/><label for='answer-id-1668884' id='answer-label-1668884' class=' answer'><span>Cheapest Overall Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431276[]' id='answer-id-1668885' class='answer   answerof-431276 ' value='1668885'   \/><label for='answer-id-1668885' id='answer-label-1668885' class=' answer'><span>Best Business Fit<\/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-431277'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>A buyer is responsible for the procurement of metals within the raw materials department. The buyer is preparing for next year\u2019s purchase orders and has been asked to confirm the month of order placement. <br \/>\r<br>The buyer has found three trends: <br \/>\r<br>In January and April, the supplier's local currency is stronger <br \/>\r<br>November typically has the lowest demand <br \/>\r<br>May typically has the highest demand <br \/>\r<br>Which month should the buyer plan to place the purchase order?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='431277' \/><input type='hidden' id='answerType431277' 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-431277[]' id='answer-id-1668886' class='answer   answerof-431277 ' value='1668886'   \/><label for='answer-id-1668886' id='answer-label-1668886' class=' answer'><span>November<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431277[]' id='answer-id-1668887' class='answer   answerof-431277 ' value='1668887'   \/><label for='answer-id-1668887' id='answer-label-1668887' class=' answer'><span>May<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431277[]' id='answer-id-1668888' class='answer   answerof-431277 ' value='1668888'   \/><label for='answer-id-1668888' id='answer-label-1668888' class=' answer'><span>January<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-431277[]' id='answer-id-1668889' class='answer   answerof-431277 ' value='1668889'   \/><label for='answer-id-1668889' id='answer-label-1668889' class=' answer'><span>April<\/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=\"watuPROButtons10944\" >\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 check our <a href=\"https:\/\/www.dumpsbase.com\/freedumps\/absolutely-updated-l4m4-exam-dumps-v11-02-from-dumpsbase-for-learning-read-l4m4-free-dumps-part-3-q81-q100-today.html\"><span style=\"background-color: #ccffcc;\"><em>L4M4 free dumps (Part 3, Q81-Q100) of V11.02<\/em><\/span><\/a> here.<\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By successfully passing the Ethical and Responsible Sourcing L4M4 exam, you will improve new career opportunities with the CIPS Level 4 Diploma in Procurement and Supply qualification. To pass the L4M4 exam smoothly, you can come to DumpsBase and download the CIPS L4M4 exam dumps (V11.02). These updated questions have helped countless candidates achieve their [&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":[20025,20026],"class_list":["post-111994","post","type-post","status-publish","format-standard","hentry","category-cips","category-cips-level-4-diploma-in-procurement-and-supply","tag-cips-l4m4-exam-dumps","tag-cips-level-4-certification"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111994","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=111994"}],"version-history":[{"count":2,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111994\/revisions"}],"predecessor-version":[{"id":112434,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/111994\/revisions\/112434"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=111994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=111994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=111994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}