L4M4 Exam & L4M4 Testing Engine

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CIPS L4M4 Prüfungsplan:

Thema	Einzelheiten
Thema 1	Understand the key processes that can be applied to the analysis of potential external suppliers:
Thema 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.
Thema 3	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.
Thema 4	This section examines analyzing market data, obtaining quotations tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

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CIPS L4M4 Testing Engine, L4M4 Zertifizierungsantworten

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CIPS Ethical and Responsible Sourcing L4M4 Prüfungsfragen mit Lösungen (Q239-Q244):

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

A. Internal benchmarking
B. Supplier development
C. Incoterm classifications
D. Contract management

Antwort: C

Begründung:
When sourcing internationally, one of the first evaluation considerations is the use of Incoterms (B), which define the allocation of transport costs, risks, and responsibilities between buyer and supplier. They are essential for evaluating total cost and risk implications of international offers. Contract management and supplier development are post-award activities, while benchmarking is an internal tool. Responsible sourcing stresses the importance of clear Incoterm agreements to avoid disputes, ensure compliance, and fairly allocate responsibilities in global supply chains.
Reference: CIPS L4M4 Study Guide (v2), LO: "Implementation" - Incoterms in international evaluation.

240. Frage
A buyer evaluates a supplier's ethical and social practices during the pre-qualification stage of the supplier onboarding process. Which of the following variables would trigger further follow-up activities?

A. If the supplier's employees have a good understanding of their employment rights
B. On discovering that trade (labour) union memberships are not permitted by the supplier in its place of work
C. On discovering that no employees can work without agreeing to the buyer organisation's code of conduct
D. When staff are unionised and appropriate time is provided for union activities

Antwort: B

Begründung:
Prohibiting trade union membership is a violation of workers' rights and international labor standards. Such a practice indicates potential non-compliance with ethical sourcing principles and necessitates further investigation. Ensuring that suppliers respect workers' rights to association is fundamental to ethical procurement.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 3.3.1:Application of the CIPS Code of Conduct

241. Frage
Raja is a procurement manager who is keen to gain further insight into the current marketplace and whether local suppliers are capable to provide a service he is looking to procure. He wishes to test the market before he begins a formal tender process. What should Raja do?

A. send out a RFI
B. send out a RFQ
C. speak with his current suppliers
D. conduct an open competition

Antwort: A

Begründung:
Raja should send out a RFI- request for information; this will allow him to gain feedback from the marketplace prior to tender.
Speaking only with current suppliers will not provide all the information Raja requires.
He should not send out a request for quotation since he is still conducting market research An open competition would be how he can procure, after he's completed his research

242. Frage
The balance sheet (Statement of Financial Position) is one of the financial statements used in providing important information required in determining the supplier's financial stability. The balance sheet contains information on such items as...

A. Cash receipts from customers
B. Short-term liabilities (unpaid taxes and bank overdraft)
C. Liquidity ratios, return on capital employed, and gearing
D. Capital employed, operating expenses, and net profit

Antwort: B

Begründung:
The balance sheet provides a snapshot of a company's financial position at a specific point in time, detailing assets, liabilities, and equity. Short-term liabilities, such as unpaid taxes and bank overdrafts, are obligations the company must settle within a year and are critical indicators of the company's liquidity and financial health.
Exact Extract from Study Guide:
"The balance sheet includes details of current liabilities, such as unpaid taxes and bank overdrafts, which are essential for assessing a supplier's short-term financial obligations and overall stability."

243. Frage
A buyer has been tasked with placing an order for steel from another country and using Incoterms for delivery. The buyer's organisation has an in-house transportation and export clearance department. During negotiations, the buyer achieved a 25% cost reduction by accepting responsibility for loading, transportation, and export clearance. Which Incoterm has been agreed?

A. FOB - Free on Board
B. EXW - Ex Works
C. CIP - Carriage and Insurance Paid
D. FCA - Free Carrier

Antwort: B

Begründung:
The EXW (Ex Works) term means the seller's responsibility ends once goods are made available at their premises. The buyer must take on costs and risks from that point, including loading, transport, and export clearance. Because the seller is not responsible for logistics, the quoted price is lower. In contrast, FCA includes delivery to a carrier, FOB covers loading onto a vessel, and CIP includes carriage and insurance arranged by the seller. By accepting these responsibilities, the buyer leveraged cost savings, demonstrating knowledge of Incoterms and alignment with efficient sourcing practices.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - Incoterms responsibilities and cost-sharing.

244. Frage
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