{"id":81213,"date":"2024-06-06T03:13:33","date_gmt":"2024-06-06T03:13:33","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=81213"},"modified":"2024-06-06T03:13:38","modified_gmt":"2024-06-06T03:13:38","slug":"newest-l4m4-dumps-v8-02-pass-your-cips-level-4-ethical-and-responsible-sourcing-exam-with-ease","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/newest-l4m4-dumps-v8-02-pass-your-cips-level-4-ethical-and-responsible-sourcing-exam-with-ease.html","title":{"rendered":"Newest L4M4 Dumps (V8.02) &#8211; Pass Your CIPS Level 4 Ethical and Responsible Sourcing Exam With Ease"},"content":{"rendered":"\n<p>The CIPS Level 4 Diploma in Procurement and Supply is the first step on your journey to achieving the recognized professional standard in procurement and supply, MCIPS Chartered Status. With the <a href=\"https:\/\/www.dumpsbase.com\/news\/Real_L4M6_Dumps_Questions_For_Supplier_Relationships_Exam_Preparation.html\"><em><strong>CIPS Level Diploma qualification<\/strong><\/em><\/a>, you can boost your learning capacity and open up numerous opportunities. To earn this certification completely, you must pass all the below core exams successfully to earn 60 credits:<\/p>\n<ol>\n<li>L4M1 CORE Level 4 Scope and Influence of Procurement and Supply (12 credits)<\/li>\n<li>L4M2 CORE Level 4 Defining Business Need (6 credits)<\/li>\n<li>L4M3 CORE Level 4 Commercial Contracting (6 credits)<\/li>\n<li>L4M4 CORE Level 4 Ethical and Responsible Sourcing (6 credits)<\/li>\n<li>L4M5 CORE Level 4 Commercial Negotiation (6 credits)<\/li>\n<li>L4M6 CORE Level 4 Supplier Relationships (6 credits)<\/li>\n<li>L4M7 CORE Level 4 Whole Life Asset Management (6 credits)<\/li>\n<li>L4M8 CORE Level 4 Procurement and Supply in Practice (12 credits)<\/li>\n<\/ol>\n<p>In these exams, the L4M4 Ethical and Responsible Sourcing exam will prove that you can explain the options and associated processes available for sourcing with external suppliers. To prepare well, you can choose the newest L4M4 dumps from DumpsBase. The exam dumps for the L4M4 exam cover the entire CIPS Certification Ethical and Responsible Sourcing exam syllabus, ensuring you are fully prepared on the day of the test. DumpsBase L4M4 Dumps will equip you with all the crucial information about the exam, enabling you to plan your preparation with confidence.<\/p>\n<p><!-- notionvc: a4ad660b-0920-4b43-99b5-cb2a6cf2e894 --><\/p>\n<h2>Check L4M4 Ethical and Responsible Sourcing <em><span style=\"background-color: #ffff00;\">Free Dumps<\/span><\/em><\/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=\"submittingExam8644\" 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-8644\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-8644\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-334634'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/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_1' value='334634' \/><input type='hidden' id='answerType334634' 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-334634[]' id='answer-id-1309371' class='answer   answerof-334634 ' value='1309371'   \/><label for='answer-id-1309371' id='answer-label-1309371' class=' answer'><span>inventory<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334634[]' id='answer-id-1309372' class='answer   answerof-334634 ' value='1309372'   \/><label for='answer-id-1309372' id='answer-label-1309372' class=' answer'><span>reserves<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334634[]' id='answer-id-1309373' class='answer   answerof-334634 ' value='1309373'   \/><label for='answer-id-1309373' id='answer-label-1309373' class=' answer'><span>receivables<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334634[]' id='answer-id-1309374' class='answer   answerof-334634 ' value='1309374'   \/><label for='answer-id-1309374' id='answer-label-1309374' class=' answer'><span>profit<\/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-334635'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/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_2' value='334635' \/><input type='hidden' id='answerType334635' 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-334635[]' id='answer-id-1309375' class='answer   answerof-334635 ' value='1309375'   \/><label for='answer-id-1309375' id='answer-label-1309375' class=' answer'><span>Request for Quotation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334635[]' id='answer-id-1309376' class='answer   answerof-334635 ' value='1309376'   \/><label for='answer-id-1309376' id='answer-label-1309376' class=' answer'><span>Invitation to Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334635[]' id='answer-id-1309377' class='answer   answerof-334635 ' value='1309377'   \/><label for='answer-id-1309377' id='answer-label-1309377' class=' answer'><span>Invitation to Quote<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334635[]' id='answer-id-1309378' class='answer   answerof-334635 ' value='1309378'   \/><label for='answer-id-1309378' id='answer-label-1309378' class=' answer'><span>Request for Tender<\/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-334636'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/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_3' value='334636' \/><input type='hidden' id='answerType334636' 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-334636[]' id='answer-id-1309379' class='answer   answerof-334636 ' value='1309379'   \/><label for='answer-id-1309379' id='answer-label-1309379' class=' answer'><span>awarding body<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334636[]' id='answer-id-1309380' class='answer   answerof-334636 ' value='1309380'   \/><label for='answer-id-1309380' id='answer-label-1309380' class=' answer'><span>deadline (Correct)<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334636[]' id='answer-id-1309381' class='answer   answerof-334636 ' value='1309381'   \/><label for='answer-id-1309381' id='answer-label-1309381' class=' answer'><span>pricing schedule<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334636[]' id='answer-id-1309382' class='answer   answerof-334636 ' value='1309382'   \/><label for='answer-id-1309382' id='answer-label-1309382' class=' answer'><span>qualifications required<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334636[]' id='answer-id-1309383' class='answer   answerof-334636 ' value='1309383'   \/><label for='answer-id-1309383' id='answer-label-1309383' class=' answer'><span>risk assessments<\/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-334637'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Luke has sent out a Request for Information to test the waters of the supply market for a new product he is sourcing. He has received a high number of detailed documents back from suppliers. <br \/>\r<br>Which of the following is Luke now likely to know about the marketplace? Select THREE<\/div><input type='hidden' name='question_id[]' id='qID_4' value='334637' \/><input type='hidden' id='answerType334637' 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-334637[]' id='answer-id-1309384' class='answer   answerof-334637 ' value='1309384'   \/><label for='answer-id-1309384' id='answer-label-1309384' class=' answer'><span>acceptable lead times<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334637[]' id='answer-id-1309385' class='answer   answerof-334637 ' value='1309385'   \/><label for='answer-id-1309385' id='answer-label-1309385' class=' answer'><span>amount of product competition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334637[]' id='answer-id-1309386' class='answer   answerof-334637 ' value='1309386'   \/><label for='answer-id-1309386' id='answer-label-1309386' class=' answer'><span>expected changes in the marketplace<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334637[]' id='answer-id-1309387' class='answer   answerof-334637 ' value='1309387'   \/><label for='answer-id-1309387' id='answer-label-1309387' class=' answer'><span>exact costs of the item he's procuring<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334637[]' id='answer-id-1309388' class='answer   answerof-334637 ' value='1309388'   \/><label for='answer-id-1309388' id='answer-label-1309388' class=' answer'><span>samples of the product<\/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-334638'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>Achieving the 'five rights of procurement' is one of the key objectives of procurement managers. <br \/>\r<br>Which of the following are not considered one of the 5 rights? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_5' value='334638' \/><input type='hidden' id='answerType334638' 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-334638[]' id='answer-id-1309389' class='answer   answerof-334638 ' value='1309389'   \/><label for='answer-id-1309389' id='answer-label-1309389' class=' answer'><span>time<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334638[]' id='answer-id-1309390' class='answer   answerof-334638 ' value='1309390'   \/><label for='answer-id-1309390' id='answer-label-1309390' class=' answer'><span>ethics<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334638[]' id='answer-id-1309391' class='answer   answerof-334638 ' value='1309391'   \/><label for='answer-id-1309391' id='answer-label-1309391' class=' answer'><span>environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334638[]' id='answer-id-1309392' class='answer   answerof-334638 ' value='1309392'   \/><label for='answer-id-1309392' id='answer-label-1309392' class=' answer'><span>quantity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334638[]' id='answer-id-1309393' class='answer   answerof-334638 ' value='1309393'   \/><label for='answer-id-1309393' id='answer-label-1309393' class=' answer'><span>quality<\/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-334639'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/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_6' value='334639' \/><input type='hidden' id='answerType334639' 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-334639[]' id='answer-id-1309394' class='answer   answerof-334639 ' value='1309394'   \/><label for='answer-id-1309394' id='answer-label-1309394' class=' answer'><span>security<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334639[]' id='answer-id-1309395' class='answer   answerof-334639 ' value='1309395'   \/><label for='answer-id-1309395' id='answer-label-1309395' class=' answer'><span>consultancy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334639[]' id='answer-id-1309396' class='answer   answerof-334639 ' value='1309396'   \/><label for='answer-id-1309396' id='answer-label-1309396' class=' answer'><span>provision of raw materials<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334639[]' id='answer-id-1309397' class='answer   answerof-334639 ' value='1309397'   \/><label for='answer-id-1309397' id='answer-label-1309397' class=' answer'><span>office supplies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334639[]' id='answer-id-1309398' class='answer   answerof-334639 ' value='1309398'   \/><label for='answer-id-1309398' id='answer-label-1309398' class=' answer'><span>cleaning<\/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-334640'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/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_7' value='334640' \/><input type='hidden' id='answerType334640' 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-334640[]' id='answer-id-1309399' class='answer   answerof-334640 ' value='1309399'   \/><label for='answer-id-1309399' id='answer-label-1309399' class=' answer'><span>Most Economically Advantageous Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334640[]' id='answer-id-1309400' class='answer   answerof-334640 ' value='1309400'   \/><label for='answer-id-1309400' id='answer-label-1309400' class=' answer'><span>Best Value for Money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334640[]' id='answer-id-1309401' class='answer   answerof-334640 ' value='1309401'   \/><label for='answer-id-1309401' id='answer-label-1309401' class=' answer'><span>Cheapest Overall Tender<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334640[]' id='answer-id-1309402' class='answer   answerof-334640 ' value='1309402'   \/><label for='answer-id-1309402' id='answer-label-1309402' class=' answer'><span>Best Business Fit<\/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-334641'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/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. is this the correct thing to do?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='334641' \/><input type='hidden' id='answerType334641' 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-334641[]' id='answer-id-1309403' class='answer   answerof-334641 ' value='1309403'   \/><label for='answer-id-1309403' id='answer-label-1309403' 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-334641[]' id='answer-id-1309404' class='answer   answerof-334641 ' value='1309404'   \/><label for='answer-id-1309404' id='answer-label-1309404' 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-334641[]' id='answer-id-1309405' class='answer   answerof-334641 ' value='1309405'   \/><label for='answer-id-1309405' id='answer-label-1309405' class=' answer'><span>no- the weighting should total 10<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334641[]' id='answer-id-1309406' class='answer   answerof-334641 ' value='1309406'   \/><label for='answer-id-1309406' id='answer-label-1309406' 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-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-334642'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/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_9' value='334642' \/><input type='hidden' id='answerType334642' 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-334642[]' id='answer-id-1309407' class='answer   answerof-334642 ' value='1309407'   \/><label for='answer-id-1309407' id='answer-label-1309407' class=' answer'><span>it allows transparency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334642[]' id='answer-id-1309408' class='answer   answerof-334642 ' value='1309408'   \/><label for='answer-id-1309408' id='answer-label-1309408' class=' answer'><span>it is time-consuming to create<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334642[]' id='answer-id-1309409' class='answer   answerof-334642 ' value='1309409'   \/><label for='answer-id-1309409' id='answer-label-1309409' class=' answer'><span>it is easy to manipulate<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334642[]' id='answer-id-1309410' class='answer   answerof-334642 ' value='1309410'   \/><label for='answer-id-1309410' id='answer-label-1309410' 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-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-334643'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/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_10' value='334643' \/><input type='hidden' id='answerType334643' 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-334643[]' id='answer-id-1309411' class='answer   answerof-334643 ' value='1309411'   \/><label for='answer-id-1309411' id='answer-label-1309411' class=' answer'><span>total revenue - cost of sales<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334643[]' id='answer-id-1309412' class='answer   answerof-334643 ' value='1309412'   \/><label for='answer-id-1309412' id='answer-label-1309412' class=' answer'><span>assets - liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334643[]' id='answer-id-1309413' class='answer   answerof-334643 ' value='1309413'   \/><label for='answer-id-1309413' id='answer-label-1309413' class=' answer'><span>cost of sales - fixed assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334643[]' id='answer-id-1309414' class='answer   answerof-334643 ' value='1309414'   \/><label for='answer-id-1309414' id='answer-label-1309414' class=' answer'><span>debt owed - total sales<\/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-334644'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/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_11' value='334644' \/><input type='hidden' id='answerType334644' 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-334644[]' id='answer-id-1309415' class='answer   answerof-334644 ' value='1309415'   \/><label for='answer-id-1309415' id='answer-label-1309415' 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-334644[]' id='answer-id-1309416' class='answer   answerof-334644 ' value='1309416'   \/><label for='answer-id-1309416' id='answer-label-1309416' 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-334644[]' id='answer-id-1309417' class='answer   answerof-334644 ' value='1309417'   \/><label for='answer-id-1309417' id='answer-label-1309417' 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-334644[]' id='answer-id-1309418' class='answer   answerof-334644 ' value='1309418'   \/><label for='answer-id-1309418' id='answer-label-1309418' 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-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-334645'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>If a company is described as 'liquid' what does this mean?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='334645' \/><input type='hidden' id='answerType334645' 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-334645[]' id='answer-id-1309419' class='answer   answerof-334645 ' value='1309419'   \/><label for='answer-id-1309419' id='answer-label-1309419' 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-334645[]' id='answer-id-1309420' class='answer   answerof-334645 ' value='1309420'   \/><label for='answer-id-1309420' id='answer-label-1309420' 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-334645[]' id='answer-id-1309421' class='answer   answerof-334645 ' value='1309421'   \/><label for='answer-id-1309421' id='answer-label-1309421' class=' answer'><span>the company is highly profitable<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334645[]' id='answer-id-1309422' class='answer   answerof-334645 ' value='1309422'   \/><label for='answer-id-1309422' id='answer-label-1309422' 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-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-334646'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>Which of the following would be considered a strategic sourcing activity?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='334646' \/><input type='hidden' id='answerType334646' 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-334646[]' id='answer-id-1309423' class='answer   answerof-334646 ' value='1309423'   \/><label for='answer-id-1309423' id='answer-label-1309423' class=' answer'><span>an office ordering copier paper<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334646[]' id='answer-id-1309424' class='answer   answerof-334646 ' value='1309424'   \/><label for='answer-id-1309424' id='answer-label-1309424' class=' answer'><span>a bakery ordering eggs<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334646[]' id='answer-id-1309425' class='answer   answerof-334646 ' value='1309425'   \/><label for='answer-id-1309425' id='answer-label-1309425' class=' answer'><span>a factory ordering a new machine<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334646[]' id='answer-id-1309426' class='answer   answerof-334646 ' value='1309426'   \/><label for='answer-id-1309426' id='answer-label-1309426' 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-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-334647'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>What type of relationship should a buyer seek when making strategic sourcing for their business?<\/div><input type='hidden' name='question_id[]' id='qID_14' value='334647' \/><input type='hidden' id='answerType334647' 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-334647[]' id='answer-id-1309427' class='answer   answerof-334647 ' value='1309427'   \/><label for='answer-id-1309427' id='answer-label-1309427' class=' answer'><span>transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334647[]' id='answer-id-1309428' class='answer   answerof-334647 ' value='1309428'   \/><label for='answer-id-1309428' id='answer-label-1309428' class=' answer'><span>collaborative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334647[]' id='answer-id-1309429' class='answer   answerof-334647 ' value='1309429'   \/><label for='answer-id-1309429' id='answer-label-1309429' class=' answer'><span>arms-length<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334647[]' id='answer-id-1309430' class='answer   answerof-334647 ' value='1309430'   \/><label for='answer-id-1309430' id='answer-label-1309430' class=' answer'><span>partnership<\/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-334648'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>Curly Cake Incorporated makes lots of different types of confectionary items. Although they are most famous for their cakes, they also have a smaller line of cereal bars and biscuits. <br \/>\r<br>Which of the following would be the most appropriate items for Curly Cake Incorporated to outsource? Select TWO<\/div><input type='hidden' name='question_id[]' id='qID_15' value='334648' \/><input type='hidden' id='answerType334648' 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-334648[]' id='answer-id-1309431' class='answer   answerof-334648 ' value='1309431'   \/><label for='answer-id-1309431' id='answer-label-1309431' class=' answer'><span>cakes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334648[]' id='answer-id-1309432' class='answer   answerof-334648 ' value='1309432'   \/><label for='answer-id-1309432' id='answer-label-1309432' class=' answer'><span>cereal bars and biscuits<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334648[]' id='answer-id-1309433' class='answer   answerof-334648 ' value='1309433'   \/><label for='answer-id-1309433' id='answer-label-1309433' class=' answer'><span>cleaning<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334648[]' id='answer-id-1309434' class='answer   answerof-334648 ' value='1309434'   \/><label for='answer-id-1309434' id='answer-label-1309434' class=' answer'><span>facilities management<\/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-334649'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/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_16' value='334649' \/><input type='hidden' id='answerType334649' 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-334649[]' id='answer-id-1309435' class='answer   answerof-334649 ' value='1309435'   \/><label for='answer-id-1309435' id='answer-label-1309435' class=' answer'><span>improved quality control<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334649[]' id='answer-id-1309436' class='answer   answerof-334649 ' value='1309436'   \/><label for='answer-id-1309436' id='answer-label-1309436' class=' answer'><span>less inventory<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334649[]' id='answer-id-1309437' class='answer   answerof-334649 ' value='1309437'   \/><label for='answer-id-1309437' id='answer-label-1309437' class=' answer'><span>killset of supplier is higher<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334649[]' id='answer-id-1309438' class='answer   answerof-334649 ' value='1309438'   \/><label for='answer-id-1309438' id='answer-label-1309438' class=' answer'><span>threat of substitutions<\/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-334650'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>Ramesh is a procurement manager who is looking at his supplier base. He is pursuing a sourcing <br \/>\r<br>strategy with the aim of enabling logistical cost reductions. He has made the decision to scale-down <br \/>\r<br>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_17' value='334650' \/><input type='hidden' id='answerType334650' 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-334650[]' id='answer-id-1309439' class='answer   answerof-334650 ' value='1309439'   \/><label for='answer-id-1309439' id='answer-label-1309439' class=' answer'><span>dual<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334650[]' id='answer-id-1309440' class='answer   answerof-334650 ' value='1309440'   \/><label for='answer-id-1309440' id='answer-label-1309440' class=' answer'><span>multiple<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334650[]' id='answer-id-1309441' class='answer   answerof-334650 ' value='1309441'   \/><label for='answer-id-1309441' id='answer-label-1309441' class=' answer'><span>single<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334650[]' id='answer-id-1309442' class='answer   answerof-334650 ' value='1309442'   \/><label for='answer-id-1309442' id='answer-label-1309442' class=' answer'><span>sole<\/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-334651'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/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_18' value='334651' \/><input type='hidden' id='answerType334651' 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-334651[]' id='answer-id-1309443' class='answer   answerof-334651 ' value='1309443'   \/><label for='answer-id-1309443' id='answer-label-1309443' class=' answer'><span>collaborative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334651[]' id='answer-id-1309444' class='answer   answerof-334651 ' value='1309444'   \/><label for='answer-id-1309444' id='answer-label-1309444' class=' answer'><span>transactional<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334651[]' id='answer-id-1309445' class='answer   answerof-334651 ' value='1309445'   \/><label for='answer-id-1309445' id='answer-label-1309445' class=' answer'><span>adversarial<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334651[]' id='answer-id-1309446' class='answer   answerof-334651 ' value='1309446'   \/><label for='answer-id-1309446' id='answer-label-1309446' class=' answer'><span>non-critical<\/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-334652'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/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_19' value='334652' \/><input type='hidden' id='answerType334652' 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-334652[]' id='answer-id-1309447' class='answer   answerof-334652 ' value='1309447'   \/><label for='answer-id-1309447' id='answer-label-1309447' class=' answer'><span>competitive<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334652[]' id='answer-id-1309448' class='answer   answerof-334652 ' value='1309448'   \/><label for='answer-id-1309448' id='answer-label-1309448' class=' answer'><span>collaborative<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334652[]' id='answer-id-1309449' class='answer   answerof-334652 ' value='1309449'   \/><label for='answer-id-1309449' id='answer-label-1309449' class=' answer'><span>compromising<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334652[]' id='answer-id-1309450' class='answer   answerof-334652 ' value='1309450'   \/><label for='answer-id-1309450' id='answer-label-1309450' class=' answer'><span>accommodating<\/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-334653'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>Liquidity is a solvency measure which determines whether an organisation is able to pay its debt. <br \/>\r<br>Which of the following would you use to assess a supplier's liquidity? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_20' value='334653' \/><input type='hidden' id='answerType334653' 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-334653[]' id='answer-id-1309451' class='answer   answerof-334653 ' value='1309451'   \/><label for='answer-id-1309451' id='answer-label-1309451' class=' answer'><span>current assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334653[]' id='answer-id-1309452' class='answer   answerof-334653 ' value='1309452'   \/><label for='answer-id-1309452' id='answer-label-1309452' class=' answer'><span>current liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334653[]' id='answer-id-1309453' class='answer   answerof-334653 ' value='1309453'   \/><label for='answer-id-1309453' id='answer-label-1309453' class=' answer'><span>long-term debt<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334653[]' id='answer-id-1309454' class='answer   answerof-334653 ' value='1309454'   \/><label for='answer-id-1309454' id='answer-label-1309454' class=' answer'><span>shareholder's equity<\/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-334654'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/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_21' value='334654' \/><input type='hidden' id='answerType334654' 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-334654[]' id='answer-id-1309455' class='answer   answerof-334654 ' value='1309455'   \/><label for='answer-id-1309455' id='answer-label-1309455' class=' answer'><span>use the Return on Investment Ratio<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334654[]' id='answer-id-1309456' class='answer   answerof-334654 ' value='1309456'   \/><label for='answer-id-1309456' id='answer-label-1309456' class=' answer'><span>do an Acid Test<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334654[]' id='answer-id-1309457' class='answer   answerof-334654 ' value='1309457'   \/><label for='answer-id-1309457' id='answer-label-1309457' class=' answer'><span>work out the supplier's EBITDA<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334654[]' id='answer-id-1309458' class='answer   answerof-334654 ' value='1309458'   \/><label for='answer-id-1309458' id='answer-label-1309458' 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-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-334655'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/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_22' value='334655' \/><input type='hidden' id='answerType334655' 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-334655[]' id='answer-id-1309459' class='answer   answerof-334655 ' value='1309459'   \/><label for='answer-id-1309459' id='answer-label-1309459' class=' answer'><span>the supplier is extremely profitable<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334655[]' id='answer-id-1309460' class='answer   answerof-334655 ' value='1309460'   \/><label for='answer-id-1309460' id='answer-label-1309460' 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-334655[]' id='answer-id-1309461' class='answer   answerof-334655 ' value='1309461'   \/><label for='answer-id-1309461' id='answer-label-1309461' 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-334655[]' id='answer-id-1309462' class='answer   answerof-334655 ' value='1309462'   \/><label for='answer-id-1309462' id='answer-label-1309462' 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-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-334656'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>What would an EBITDA ratio show you?<\/div><input type='hidden' name='question_id[]' id='qID_23' value='334656' \/><input type='hidden' id='answerType334656' 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-334656[]' id='answer-id-1309463' class='answer   answerof-334656 ' value='1309463'   \/><label for='answer-id-1309463' id='answer-label-1309463' class=' answer'><span>how profitable a business is<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334656[]' id='answer-id-1309464' class='answer   answerof-334656 ' value='1309464'   \/><label for='answer-id-1309464' id='answer-label-1309464' class=' answer'><span>how solvent a business is<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334656[]' id='answer-id-1309465' class='answer   answerof-334656 ' value='1309465'   \/><label for='answer-id-1309465' id='answer-label-1309465' 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-334656[]' id='answer-id-1309466' class='answer   answerof-334656 ' value='1309466'   \/><label for='answer-id-1309466' id='answer-label-1309466' 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-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-334657'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/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_24' value='334657' \/><input type='hidden' id='answerType334657' 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-334657[]' id='answer-id-1309467' class='answer   answerof-334657 ' value='1309467'   \/><label for='answer-id-1309467' id='answer-label-1309467' 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-334657[]' id='answer-id-1309468' class='answer   answerof-334657 ' value='1309468'   \/><label for='answer-id-1309468' id='answer-label-1309468' 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-334657[]' id='answer-id-1309469' class='answer   answerof-334657 ' value='1309469'   \/><label for='answer-id-1309469' id='answer-label-1309469' 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-334657[]' id='answer-id-1309470' class='answer   answerof-334657 ' value='1309470'   \/><label for='answer-id-1309470' id='answer-label-1309470' 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-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-334658'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>Which of the following is an example of intracompany trading? Select TWO<\/div><input type='hidden' name='question_id[]' id='qID_25' value='334658' \/><input type='hidden' id='answerType334658' 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-334658[]' id='answer-id-1309471' class='answer   answerof-334658 ' value='1309471'   \/><label for='answer-id-1309471' id='answer-label-1309471' 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-334658[]' id='answer-id-1309472' class='answer   answerof-334658 ' value='1309472'   \/><label for='answer-id-1309472' id='answer-label-1309472' 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-334658[]' id='answer-id-1309473' class='answer   answerof-334658 ' value='1309473'   \/><label for='answer-id-1309473' id='answer-label-1309473' 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-334658[]' id='answer-id-1309474' class='answer   answerof-334658 ' value='1309474'   \/><label for='answer-id-1309474' id='answer-label-1309474' 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-334658[]' id='answer-id-1309475' class='answer   answerof-334658 ' value='1309475'   \/><label for='answer-id-1309475' id='answer-label-1309475' class=' answer'><span>cleverness<\/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-334659'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/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_26' value='334659' \/><input type='hidden' id='answerType334659' 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-334659[]' id='answer-id-1309476' class='answer   answerof-334659 ' value='1309476'   \/><label for='answer-id-1309476' id='answer-label-1309476' class=' answer'><span>develop strategy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334659[]' id='answer-id-1309477' class='answer   answerof-334659 ' value='1309477'   \/><label for='answer-id-1309477' id='answer-label-1309477' class=' answer'><span>supplier selection<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334659[]' id='answer-id-1309478' class='answer   answerof-334659 ' value='1309478'   \/><label for='answer-id-1309478' id='answer-label-1309478' class=' answer'><span>contract award<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334659[]' id='answer-id-1309479' class='answer   answerof-334659 ' value='1309479'   \/><label for='answer-id-1309479' id='answer-label-1309479' class=' answer'><span>asset management<\/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-334660'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/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_27' value='334660' \/><input type='hidden' id='answerType334660' 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-334660[]' id='answer-id-1309480' class='answer   answerof-334660 ' value='1309480'   \/><label for='answer-id-1309480' id='answer-label-1309480' class=' answer'><span>PQQ<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334660[]' id='answer-id-1309481' class='answer   answerof-334660 ' value='1309481'   \/><label for='answer-id-1309481' id='answer-label-1309481' class=' answer'><span>ITT<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334660[]' id='answer-id-1309482' class='answer   answerof-334660 ' value='1309482'   \/><label for='answer-id-1309482' id='answer-label-1309482' class=' answer'><span>RFQ<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334660[]' id='answer-id-1309483' class='answer   answerof-334660 ' value='1309483'   \/><label for='answer-id-1309483' id='answer-label-1309483' class=' answer'><span>RFT<\/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-334661'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/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_28' value='334661' \/><input type='hidden' id='answerType334661' 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-334661[]' id='answer-id-1309484' class='answer   answerof-334661 ' value='1309484'   \/><label for='answer-id-1309484' id='answer-label-1309484' class=' answer'><span>ESG Policy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334661[]' id='answer-id-1309485' class='answer   answerof-334661 ' value='1309485'   \/><label for='answer-id-1309485' id='answer-label-1309485' class=' answer'><span>Anti-Slavery Policy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334661[]' id='answer-id-1309486' class='answer   answerof-334661 ' value='1309486'   \/><label for='answer-id-1309486' id='answer-label-1309486' class=' answer'><span>ISO9001<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334661[]' id='answer-id-1309487' class='answer   answerof-334661 ' value='1309487'   \/><label for='answer-id-1309487' id='answer-label-1309487' class=' answer'><span>ISO27000<\/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-334662'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>Which of the following would you use to determine the outcome of a competitive tender? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_29' value='334662' \/><input type='hidden' id='answerType334662' 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-334662[]' id='answer-id-1309488' class='answer   answerof-334662 ' value='1309488'   \/><label for='answer-id-1309488' id='answer-label-1309488' class=' answer'><span>location<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334662[]' id='answer-id-1309489' class='answer   answerof-334662 ' value='1309489'   \/><label for='answer-id-1309489' id='answer-label-1309489' class=' answer'><span>distribution<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334662[]' id='answer-id-1309490' class='answer   answerof-334662 ' value='1309490'   \/><label for='answer-id-1309490' id='answer-label-1309490' class=' answer'><span>reputation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334662[]' id='answer-id-1309491' class='answer   answerof-334662 ' value='1309491'   \/><label for='answer-id-1309491' id='answer-label-1309491' class=' answer'><span>quality<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334662[]' id='answer-id-1309492' class='answer   answerof-334662 ' value='1309492'   \/><label for='answer-id-1309492' id='answer-label-1309492' class=' answer'><span>price<\/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-334663'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>Pre-qualification of suppliers is used to determine if the suppliers meet the basic requirements of the buying organisation. <br \/>\r<br>Which of the following is assessed at the pre-qualification stage?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='334663' \/><input type='hidden' id='answerType334663' 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-334663[]' id='answer-id-1309493' class='answer   answerof-334663 ' value='1309493'   \/><label for='answer-id-1309493' id='answer-label-1309493' class=' answer'><span>capacity, capability and pricing structure<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334663[]' id='answer-id-1309494' class='answer   answerof-334663 ' value='1309494'   \/><label for='answer-id-1309494' id='answer-label-1309494' class=' answer'><span>pricing structure, ethics and financial stability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334663[]' id='answer-id-1309495' class='answer   answerof-334663 ' value='1309495'   \/><label for='answer-id-1309495' id='answer-label-1309495' class=' answer'><span>financial stability, capacity and capability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334663[]' id='answer-id-1309496' class='answer   answerof-334663 ' value='1309496'   \/><label for='answer-id-1309496' id='answer-label-1309496' class=' answer'><span>capability, culture and pricing schedules<\/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-334664'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/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_31' value='334664' \/><input type='hidden' id='answerType334664' 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-334664[]' id='answer-id-1309497' class='answer   answerof-334664 ' value='1309497'   \/><label for='answer-id-1309497' id='answer-label-1309497' 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-334664[]' id='answer-id-1309498' class='answer   answerof-334664 ' value='1309498'   \/><label for='answer-id-1309498' id='answer-label-1309498' 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-334664[]' id='answer-id-1309499' class='answer   answerof-334664 ' value='1309499'   \/><label for='answer-id-1309499' id='answer-label-1309499' 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-334664[]' id='answer-id-1309500' class='answer   answerof-334664 ' value='1309500'   \/><label for='answer-id-1309500' id='answer-label-1309500' 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-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-334665'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>Which of the following financial ratios would indicate a supplier's potential exposure risk to a steep rise in inflation?<\/div><input type='hidden' name='question_id[]' id='qID_32' value='334665' \/><input type='hidden' id='answerType334665' 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-334665[]' id='answer-id-1309501' class='answer   answerof-334665 ' value='1309501'   \/><label for='answer-id-1309501' id='answer-label-1309501' class=' answer'><span>acid test<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334665[]' id='answer-id-1309502' class='answer   answerof-334665 ' value='1309502'   \/><label for='answer-id-1309502' id='answer-label-1309502' class=' answer'><span>current ratio<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334665[]' id='answer-id-1309503' class='answer   answerof-334665 ' value='1309503'   \/><label for='answer-id-1309503' id='answer-label-1309503' class=' answer'><span>gross profit margin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334665[]' id='answer-id-1309504' class='answer   answerof-334665 ' value='1309504'   \/><label for='answer-id-1309504' id='answer-label-1309504' class=' answer'><span>gearing ratio<\/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-334666'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/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_33' value='334666' \/><input type='hidden' id='answerType334666' 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-334666[]' id='answer-id-1309505' class='answer   answerof-334666 ' value='1309505'   \/><label for='answer-id-1309505' id='answer-label-1309505' class=' answer'><span>high value items<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334666[]' id='answer-id-1309506' class='answer   answerof-334666 ' value='1309506'   \/><label for='answer-id-1309506' id='answer-label-1309506' class=' answer'><span>one-off purchases<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334666[]' id='answer-id-1309507' class='answer   answerof-334666 ' value='1309507'   \/><label for='answer-id-1309507' id='answer-label-1309507' class=' answer'><span>tail spent<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334666[]' id='answer-id-1309508' class='answer   answerof-334666 ' value='1309508'   \/><label for='answer-id-1309508' id='answer-label-1309508' class=' answer'><span>strategic sourcing<\/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-334667'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/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_34' value='334667' \/><input type='hidden' id='answerType334667' 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-334667[]' id='answer-id-1309509' class='answer   answerof-334667 ' value='1309509'   \/><label for='answer-id-1309509' id='answer-label-1309509' 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-334667[]' id='answer-id-1309510' class='answer   answerof-334667 ' value='1309510'   \/><label for='answer-id-1309510' id='answer-label-1309510' 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-334667[]' id='answer-id-1309511' class='answer   answerof-334667 ' value='1309511'   \/><label for='answer-id-1309511' id='answer-label-1309511' 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-334667[]' id='answer-id-1309512' class='answer   answerof-334667 ' value='1309512'   \/><label for='answer-id-1309512' id='answer-label-1309512' 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-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-334668'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>FTSE100 and Sensex are examples of what?<\/div><input type='hidden' name='question_id[]' id='qID_35' value='334668' \/><input type='hidden' id='answerType334668' 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-334668[]' id='answer-id-1309513' class='answer   answerof-334668 ' value='1309513'   \/><label for='answer-id-1309513' id='answer-label-1309513' class=' answer'><span>stock markets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334668[]' id='answer-id-1309514' class='answer   answerof-334668 ' value='1309514'   \/><label for='answer-id-1309514' id='answer-label-1309514' class=' answer'><span>commodity indices<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334668[]' id='answer-id-1309515' class='answer   answerof-334668 ' value='1309515'   \/><label for='answer-id-1309515' id='answer-label-1309515' class=' answer'><span>financial reports<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334668[]' id='answer-id-1309516' class='answer   answerof-334668 ' value='1309516'   \/><label for='answer-id-1309516' id='answer-label-1309516' class=' answer'><span>public sector organisations<\/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-334669'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/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_36' value='334669' \/><input type='hidden' id='answerType334669' 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-334669[]' id='answer-id-1309517' class='answer   answerof-334669 ' value='1309517'   \/><label for='answer-id-1309517' id='answer-label-1309517' 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-334669[]' id='answer-id-1309518' class='answer   answerof-334669 ' value='1309518'   \/><label for='answer-id-1309518' id='answer-label-1309518' class=' answer'><span>demand is exceeding supply<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334669[]' id='answer-id-1309519' class='answer   answerof-334669 ' value='1309519'   \/><label for='answer-id-1309519' id='answer-label-1309519' class=' answer'><span>there is a threat of substitution<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334669[]' id='answer-id-1309520' class='answer   answerof-334669 ' value='1309520'   \/><label for='answer-id-1309520' id='answer-label-1309520' 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-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-334670'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>Which of the following are primary sources of data? Select TWO.<\/div><input type='hidden' name='question_id[]' id='qID_37' value='334670' \/><input type='hidden' id='answerType334670' 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-334670[]' id='answer-id-1309521' class='answer   answerof-334670 ' value='1309521'   \/><label for='answer-id-1309521' id='answer-label-1309521' 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-334670[]' id='answer-id-1309522' class='answer   answerof-334670 ' value='1309522'   \/><label for='answer-id-1309522' id='answer-label-1309522' 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-334670[]' id='answer-id-1309523' class='answer   answerof-334670 ' value='1309523'   \/><label for='answer-id-1309523' id='answer-label-1309523' class=' answer'><span>published price lists<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334670[]' id='answer-id-1309524' class='answer   answerof-334670 ' value='1309524'   \/><label for='answer-id-1309524' id='answer-label-1309524' class=' answer'><span>trade fairs and exibits<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334670[]' id='answer-id-1309525' class='answer   answerof-334670 ' value='1309525'   \/><label for='answer-id-1309525' id='answer-label-1309525' 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-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-334671'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/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_38' value='334671' \/><input type='hidden' id='answerType334671' 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-334671[]' id='answer-id-1309526' class='answer   answerof-334671 ' value='1309526'   \/><label for='answer-id-1309526' id='answer-label-1309526' class=' answer'><span>metals, energy, elements and agriculture<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334671[]' id='answer-id-1309527' class='answer   answerof-334671 ' value='1309527'   \/><label for='answer-id-1309527' id='answer-label-1309527' class=' answer'><span>fruit, vegetables, meat and dairy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334671[]' id='answer-id-1309528' class='answer   answerof-334671 ' value='1309528'   \/><label for='answer-id-1309528' id='answer-label-1309528' class=' answer'><span>energy, agriculture, metals, livestock<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334671[]' id='answer-id-1309529' class='answer   answerof-334671 ' value='1309529'   \/><label for='answer-id-1309529' id='answer-label-1309529' 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-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-334672'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>When looking at credit scores, a supplier may be classified as a high risk for reasons that are not linked to poor credit. <br \/>\r<br>Which of the following could these be? Select TWO<\/div><input type='hidden' name='question_id[]' id='qID_39' value='334672' \/><input type='hidden' id='answerType334672' 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-334672[]' id='answer-id-1309530' class='answer   answerof-334672 ' value='1309530'   \/><label for='answer-id-1309530' id='answer-label-1309530' class=' answer'><span>The organisation is new<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-334672[]' id='answer-id-1309531' class='answer   answerof-334672 ' value='1309531'   \/><label for='answer-id-1309531' id='answer-label-1309531' 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-334672[]' id='answer-id-1309532' class='answer   answerof-334672 ' value='1309532'   \/><label for='answer-id-1309532' id='answer-label-1309532' 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-334672[]' id='answer-id-1309533' class='answer   answerof-334672 ' value='1309533'   \/><label for='answer-id-1309533' id='answer-label-1309533' 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-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-334673'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>A company's balance sheet will show you which of the following?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='334673' \/><input type='hidden' id='answerType334673' 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-334673[]' id='answer-id-1309534' class='answer   answerof-334673 ' value='1309534'   \/><label for='answer-id-1309534' id='answer-label-1309534' class=' answer'><span>revenue, profit and expenses<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334673[]' id='answer-id-1309535' class='answer   answerof-334673 ' value='1309535'   \/><label for='answer-id-1309535' id='answer-label-1309535' class=' answer'><span>equity, assets and liabilities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334673[]' id='answer-id-1309536' class='answer   answerof-334673 ' value='1309536'   \/><label for='answer-id-1309536' id='answer-label-1309536' 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-334673[]' id='answer-id-1309537' class='answer   answerof-334673 ' value='1309537'   \/><label for='answer-id-1309537' id='answer-label-1309537' class=' answer'><span>profit, loss and assets<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-41' style=';'><div id='questionWrap-41'  class='   watupro-question-id-334674'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>41. <\/span>Which of the following areas of legislative and regulatory requirements prevent the deliberate limiting of supply and the formation of cartels?<\/div><input type='hidden' name='question_id[]' id='qID_41' value='334674' \/><input type='hidden' id='answerType334674' 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-334674[]' id='answer-id-1309538' class='answer   answerof-334674 ' value='1309538'   \/><label for='answer-id-1309538' id='answer-label-1309538' class=' answer'><span>data protection<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334674[]' id='answer-id-1309539' class='answer   answerof-334674 ' value='1309539'   \/><label for='answer-id-1309539' id='answer-label-1309539' class=' answer'><span>product safety standards<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334674[]' id='answer-id-1309540' class='answer   answerof-334674 ' value='1309540'   \/><label for='answer-id-1309540' id='answer-label-1309540' class=' answer'><span>marketplace competition<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334674[]' id='answer-id-1309541' class='answer   answerof-334674 ' value='1309541'   \/><label for='answer-id-1309541' id='answer-label-1309541' class=' answer'><span>ethical practice<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-42' style=';'><div id='questionWrap-42'  class='   watupro-question-id-334675'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>42. <\/span>Which of the following is considered as part of ESG?<\/div><input type='hidden' name='question_id[]' id='qID_42' value='334675' \/><input type='hidden' id='answerType334675' 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-334675[]' id='answer-id-1309542' class='answer   answerof-334675 ' value='1309542'   \/><label for='answer-id-1309542' id='answer-label-1309542' class=' answer'><span>bribery, corruption and the environment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334675[]' id='answer-id-1309543' class='answer   answerof-334675 ' value='1309543'   \/><label for='answer-id-1309543' id='answer-label-1309543' class=' answer'><span>market conditions and product lifecycle<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334675[]' id='answer-id-1309544' class='answer   answerof-334675 ' value='1309544'   \/><label for='answer-id-1309544' id='answer-label-1309544' class=' answer'><span>liquidity, gearing and profitability<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334675[]' id='answer-id-1309545' class='answer   answerof-334675 ' value='1309545'   \/><label for='answer-id-1309545' id='answer-label-1309545' class=' answer'><span>economic and social governance<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-43' style=';'><div id='questionWrap-43'  class='   watupro-question-id-334676'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>43. <\/span>The Freedom of Information Act is a piece of UK legislation which allows members of the public to request information on issues such as public sector sourcing. When a request is made, it is compulsory for the public sector to provide this information to the public. <br \/>\r<br>Is this statement true?<\/div><input type='hidden' name='question_id[]' id='qID_43' value='334676' \/><input type='hidden' id='answerType334676' 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-334676[]' id='answer-id-1309546' class='answer   answerof-334676 ' value='1309546'   \/><label for='answer-id-1309546' id='answer-label-1309546' class=' answer'><span>yes- the information must be provided within 28 days<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334676[]' id='answer-id-1309547' class='answer   answerof-334676 ' value='1309547'   \/><label for='answer-id-1309547' id='answer-label-1309547' class=' answer'><span>yes- the information must be posted publically online<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334676[]' id='answer-id-1309548' class='answer   answerof-334676 ' value='1309548'   \/><label for='answer-id-1309548' id='answer-label-1309548' class=' answer'><span>no- the public sector can choose not to publish information if it is not deamed to be in the public interest<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334676[]' id='answer-id-1309549' class='answer   answerof-334676 ' value='1309549'   \/><label for='answer-id-1309549' id='answer-label-1309549' class=' answer'><span>no- the public sector does not need to provide information on sourcing activities<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-44' style=';'><div id='questionWrap-44'  class='   watupro-question-id-334677'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>44. <\/span>What is the best way to prevent potential issues of conflicts of interest?<\/div><input type='hidden' name='question_id[]' id='qID_44' value='334677' \/><input type='hidden' id='answerType334677' 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-334677[]' id='answer-id-1309550' class='answer   answerof-334677 ' value='1309550'   \/><label for='answer-id-1309550' id='answer-label-1309550' class=' answer'><span>do not hire family members<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334677[]' id='answer-id-1309551' class='answer   answerof-334677 ' value='1309551'   \/><label for='answer-id-1309551' id='answer-label-1309551' class=' answer'><span>openly declare potential conflicts<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334677[]' id='answer-id-1309552' class='answer   answerof-334677 ' value='1309552'   \/><label for='answer-id-1309552' id='answer-label-1309552' class=' answer'><span>do not work with suppliers who have relationships with the procurement team<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334677[]' id='answer-id-1309553' class='answer   answerof-334677 ' value='1309553'   \/><label for='answer-id-1309553' id='answer-label-1309553' class=' answer'><span>create a risk register<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-45' style=';'><div id='questionWrap-45'  class='   watupro-question-id-334678'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>45. <\/span>A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was &pound;1m but one supplier has submitted a price of &pound;200,000, which the procurement manager has identified as being 'an abnormally low tender'. <br \/>\r<br>What should be the procurement manager's course of action?<\/div><input type='hidden' name='question_id[]' id='qID_45' value='334678' \/><input type='hidden' id='answerType334678' 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-334678[]' id='answer-id-1309554' class='answer   answerof-334678 ' value='1309554'   \/><label for='answer-id-1309554' id='answer-label-1309554' class=' answer'><span>automatically dismiss the low bid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334678[]' id='answer-id-1309555' class='answer   answerof-334678 ' value='1309555'   \/><label for='answer-id-1309555' id='answer-label-1309555' class=' answer'><span>award the contract to the low bid as this represents better value for money<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334678[]' id='answer-id-1309556' class='answer   answerof-334678 ' value='1309556'   \/><label for='answer-id-1309556' id='answer-label-1309556' class=' answer'><span>investigate the low bid<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-334678[]' id='answer-id-1309557' class='answer   answerof-334678 ' value='1309557'   \/><label for='answer-id-1309557' id='answer-label-1309557' class=' answer'><span>award the bid a 0 for price<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-46'>\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=\"watuPROButtons8644\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; 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