Free PDF 2026 CIPS L4M4 Newest New Braindumps Questions

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| Topic | Details |
|---|
| 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.
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| 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.
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| Topic 3 | - This section examines analyzing market data, obtaining quotations
- tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
|
| Topic 4 | - Understand the key processes that can be applied to the analysis of potential external suppliers:
|
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CIPS Ethical and Responsible Sourcing Sample Questions (Q284-Q289):
NEW QUESTION # 284
Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.
- A. The company's criteria for make or buy decisions
- B. The company's employee working conditions
- C. The company's code of ethics
- D. The company's policy on carbon emissions
- E. Procedures on intra-company trading
- F. The financial stability of the company
Answer: B,C,D
Explanation:
Employee working conditions, a code of ethics, and a carbon emissions policy are all indicative of a supplier's commitment to ESG standards. Assessing these factors aligns with responsible sourcing practices, which prioritize sustainability and ethical considerations.
NEW QUESTION # 285
A buyer is responsible for the procurement of metals within the raw materials department. The buyer is preparing for next year's purchase orders and has been asked to confirm the month of order placement. The buyer has found three trends:
* In January and April, the supplier's local currency is stronger
* November typically has the lowest demand
* May typically has the highest demand
Which month should the buyer plan to place the purchase order?
- A. January
- B. April
- C. May
- D. November
Answer: D
Explanation:
Ordering in November, when demand is lowest, may allow the buyer to secure better pricing and availability, aligning with responsible sourcing by optimizing purchase timing to achieve cost savings and reliable supply.
NEW QUESTION # 286
A procurement manager analyses total company expenditure on goods and services. What can expenditure by product category or supplier achieve? (Select TWO)
- A. Provide information on costs and trends for comparison
- B. Provide analysis to help with production planning
- C. Highlight opportunities for negotiating better prices
- D. Help set the organisation's marketing strategy
- E. Identify how obsolete stock can be disposed of sustainably
Answer: A,C
Explanation:
Expenditure analysis by category/supplier enables buyers to track trends over time (A), supporting benchmarking and financial control. It also identifies opportunities for negotiation (C) by highlighting concentration of spend and potential leverage with suppliers. Marketing strategy, production scheduling, and stock disposal are outside procurement's primary scope. Responsible sourcing relies on robust spend analysis to identify efficiency opportunities, reduce wasteful expenditure, and support supplier relationship management strategies, all while aligning with sustainability and compliance goals.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - spend analysis and its role in responsible sourcing.
NEW QUESTION # 287
Tracey Collum is a procurement professional and married to Nick Collum. Tracey has been leading a tender for a new radar system, where four suppliers have submitted their bids. After the bids were received, Nick joined one of the suppliers (Supplier X) as the project director for radar systems. Nick has asked Tracey to award the contract to Supplier X. What should Tracey do?
- A. Award the contract to Supplier X because Tracey can ask for a better price because they are married
- B. Remove Supplier X from the tender due to a conflict of interest and continue with the tender
- C. Award the contract to Supplier X because Nick will be promoted if Supplier X wins the contract
- D. Ask to be removed from the tender due to a conflict of interest and complete a conflict of interest form
Answer: D
Explanation:
To maintain integrity and avoid conflicts of interest, Tracey should declare the conflict and remove herself from the tender process. Ethical sourcing practices emphasize transparency and fairness, which prevent potential biases and maintain trust within procurement processes.
NEW QUESTION # 288
What is a major benefit to using Incoterms when sourcing goods internationally?
- A. it ensures ethical business practices
- B. it replaces lengthy contractual clauses
- C. it ensures value for money
- D. it replaces the need for insurance
Answer: B
Explanation:
Incoterms can replace lengthy contract clauses as they replace the need for contracts to detail which party is responsible for organising transport, paying duties, having the insurance etc.
Incoterms is an odd one for exam topics- some students say it was a huge part of their exam and there were many questions on this. Others said there were just one or two. Questions get randomly assigned from the bank so it's completely random how many you'll get on this topic.
NEW QUESTION # 289
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