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CIPS L4M4 Exam Dumps - Actual Questions Answers

CIPS L4M4 Last Week Results!

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CIPS L4M4

93%

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Exam At Testing Centre

95%

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301

Total Questions
CIPS L4M4 Questions Answers

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L4M4 Questions and Answers

Question # 1

What is the best way to prevent potential issues of conflicts of interest?

A.

do not hire family members

B.

openly declare potential conflicts

C.

do not work with suppliers who have relationships with the procurement team

D.

create a risk register

Question # 2

Faisal, a hospital procurement specialist, includes adherence to certain standards in a medical equipment tender. What is the benefit of incorporating standards in a specification?

A.

Standards provide clear guidelines and remove ambiguity

B.

Standards will mirror the buyer’s requirements entirely

C.

Standards will ensure low pricing in tender responses

D.

Standards will ensure suppliers meet all buyer’s requirements

Question # 3

Incoterms are designed to be understood and interpreted on a worldwide basis. What is the interpretation for FOB (Free on Board)?

A.

The buyer takes responsibility for the goods after they are loaded on the ship, plus all subsequent costs, including freight charges

B.

The buyer takes responsibility for the goods after they are loaded on the ship, plus subsequent costs, excluding freight charges

C.

The buyer takes responsibility for taking the goods from the departure quayside to the ship, plus all subsequent costs

D.

The buyer takes responsibility for transferring the goods from the seller's premises to the ship, plus all subsequent costs

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