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CIPS L4M4 Testking Braindumps - in .pdf Free Demo

  • Exam Code: L4M4
  • Exam Name: Ethical and Responsible Sourcing
  • Last Updated: Nov 07, 2026
  • Q & A: 293 Questions and Answers
  • Convenient, easy to study. Printable CIPS L4M4 PDF Format. It is an electronic file format regardless of the operating system platform. 100% Money Back Guarantee.
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CIPS L4M4 Testking Braindumps - Testing Engine PC Screenshot

  • Exam Code: L4M4
  • Exam Name: Ethical and Responsible Sourcing
  • Last Updated: Nov 07, 2026
  • Q & A: 293 Questions and Answers
  • Uses the World Class L4M4 Testing Engine. Free updates for one year. Real L4M4 exam questions with answers. Install on multiple computers for self-paced, at-your-convenience training.
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CIPS L4M4 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.
Topic 2
  • Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.
Topic 3
  • Understand the key processes that can be applied to the analysis of potential external suppliers:
Topic 4
  • This section examines analyzing market data, obtaining quotations
  • tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

Reference: https://www.cips.org/qualifications/diploma-in-procurement-supply/ethical-and-responsible-sourcing

CIPS Ethical and Responsible Sourcing Sample Questions:

Question #1

Which of the following should form part of the initial evaluation process for non-domestic vendor proposals?

  • A. Supplier development
  • B. Internal benchmarking
  • C. Incoterm classifications
  • D. Contract management
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

An organisation is keep to include Social Outcomes in it's assessment for Value for Money for a new tender.
Which of the following should be considered?

  • A. supplier's ESG policy
  • B. CO2 emissions of the supplier's delivery vehicles
  • C. accreditations such as Fair Trade
  • D. use of local labour to deliver the contract
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

Ramesh is an IT category manager within the UK's National Health Service and is responsible for the procurement of a new high-value network system, which will be used across multiple doctors'practices and community health centres. Ramesh has reviewed the different tender approaches and has concluded that the use of a restricted tender is the most appropriate. Which of the following statements is true for a restricted tender process?

  • A. Direct negotiations occur prior to suppliers submitting their offer
  • B. Suppliers responding to the tender are pre-qualified
  • C. The contract will be awarded strictly on pricing criteria
  • D. It is only relevant when there are few suppliers in the market
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

The International Chamber of Commerce (ICC) publish a list of commercial rules known as Inco-terms. What is the purpose of these rules?

  • A. to provide internationally recognized product descriptions
  • B. to describe the point at which an item is considered delivered
  • C. to ensure buyers and suppliers pay the correct level of tax on imported and exported goods
  • D. to state which products can be exported from which countries
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

Which of the following is a UK legislation concerning product safety?

  • A. Consumer Rights Act 2015
  • B. Enterprise Act 2002
  • C. GDPR 2018
  • D. Competition Act 1998
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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