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CIPS L4M4 Exam Overview:

Certification Vendor:CIPS
Exam Name:Ethical and Responsible Sourcing
Exam Number:L4M4
Passing Score:70%
Exam Format:Multiple Choice Questions (MCQ), Multiple Selection Questions
Exam Duration:90 minutes
Certificate Validity Period:N/A
Exam Price:$185.69
Related Certifications:CIPS Level 4 Diploma in Procurement and Supply
Real Exam Qty:60
Available Languages:English
Sample Questions:CIPS L4M4 Sample Questions
Exam Way:Computer-based exam at CIPS accredited exam centre
Pre Condition:No mandatory pre-requisites, but candidates are typically working towards or enrolled in the CIPS Level 4 Diploma in Procurement and Supply.
Official Syllabus URL:https://www.cips.org/students/level-4-diploma

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CIPS L4M4 Prüfungsplan:

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

CIPS Ethical and Responsible Sourcing L4M4 Prüfungsfragen mit Lösungen (Q37-Q42):

37. Frage
Who was responsible for introducing the concept of Incoterms?

Antwort: B

Begründung:
Incoterms, short for International Commercial Terms, were introduced by the International Chamber of Commerce (ICC) in 1936. These standardized terms are used globally to define the responsibilities of buyers and sellers in international trade, helping to avoid misunderstandings by clarifying tasks, costs, and risks involved in the delivery of goods.
Reference:
International Chamber of Commerce:


38. Frage
What are the two main financial accounting statements of an organisation that show the values of assets and liabilities, and the profit earned in the period?

Antwort: A

Begründung:
The balance sheet and profit and loss account provide a comprehensive view of an organisation's financial health, showing assets, liabilities, and profits. These statements are essential in evaluating a supplier's financial capacity, aligning with responsible sourcing practices for financial stability.


39. Frage
You have been asked to set some key performance indicators (KPIs) for your local stationery provider and you decide to set the following requirements:
To deliver all orders within a one-hour period
To collect any returns within one hour
Are these KPIs appropriate?

Antwort: C

Begründung:
KPIs must be realistic, measurable, and achievable to drive performance improvement without creating unfair or unworkable expectations. Requiring delivery and returns within one hour is unlikely to be practical, even for a local supplier, and could increase costs, operational strain, or service failure. Ethical and responsible sourcing promotes setting proportionate KPIs that support continuous improvement and sustainable supplier relationships. Unrealistic KPIs undermine collaboration, damage trust, and may result in non-compliance rather than improved performance.
Reference: CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - performance management; KPIs and supplier relationship management.


40. Frage
Elaine works for a British manufacturer of confectionary (sweets/ candy) items. One of the key ingredients is cocoa powder, which cannot be grown in the UK. Elaine therefore needs to look abroad for suppliers. Which of the following are risks that Elaine needs to consider when sourcing internationally? Select THREE

Antwort: A,D,E

Begründung:
The correct answers are; currency exchange fluctuations, ethical behavior and cultural differences.
Shortened lead times is not correct because sourcing internationally would result in longer lead times. Export tariffs is not correct as Elaine is importing the items into the UK, not exporting them.


41. Frage
Which of the following should be considered when calculating ratios relating to a supplier's liquidity?

Antwort: B


42. Frage
......

L4M4 Prüfungs-Guide: https://www.zertpruefung.de/L4M4_exam.html

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