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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

Question 1

Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

Question 2

What are the reasons that a contract can legally be terminated?

Question 3

Which type of power is most likely to be used in corruption?

Question 4

Use the balance sheet below to work out the correct ratio for coffee Time and explain whether the company appears to have enough assets to cover it liability.

Question 5

What potential costs could an organization face if it fails to conduct Due diligence effectively?

Solutions: