CIPS L4M4 Lernhilfe & L4M4 Musterprüfungsfragen

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CIPS L4M4 Prüfungsplan:

Thema	Einzelheiten
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 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 3	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 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 L4M4 Prüfungsfragen mit Lösungen (Q52-Q57):

52. Frage
Which of the following payment mechanisms is most beneficial to the supplier?

A. sight draft
B. cash in advance
C. open account
D. letter of credit

Antwort: B

Begründung:
cash in advance is the most beneficial to a supplier.
Open account /credit account is the most beneficial to the buyer. Learn this as it's a known exam topic.

53. Frage
Balance sheet (Statement of Financial Performance) ratios measure the liquidity and solvency of a business.
One of the liquidity ratios is called the 'current ratio'. The formula for current ratio uses which of the following pieces of information from the balance sheet?
Select TWO that apply.

A. Total current liabilities
B. Current equity capital
C. Total current assets
D. Current cost of goods sold
E. Total sales income

Antwort: A,C

Begründung:
Thecurrent ratiomeasures a supplier's ability to meet short-term financial obligations and is calculated as total current assets divided by total current liabilities. Current assets include cash, receivables, and inventory, while current liabilities include overdrafts, trade payables, and short-term debt. Equity capital relates to ownership, not liquidity, and sales income and cost of goods sold appear in the income statement, not the balance sheet. Ethical and responsible sourcing requires procurement professionals to assess supplier liquidity to reduce the risk of supply disruption caused by cash-flow problems.
Reference:CIPS L4M4 Ethical & Responsible Sourcing Study Guide (v2) - financial ratios; liquidity assessment.

54. Frage
Incoterms describe several aspects and responsibilities of transporting goods when sourcing internationally.
Which of the following is described by Incoterms? Select THREE.

A. who is responsible for making duty and tariff arrangements
B. what form of transportation will be used
C. how much the transportation will cost
D. how long the transportation will take
E. which party arranges insurance

Antwort: A,B,E

Begründung:
Incoterms describe who out of the buer and seller; organises transport and what type of transport this is, who pays for insurance, and who organises duty / tariff arrangements when the goods go through customs. See p.
131. Note- some students report a lot of questions on Incoterms in the exam, some say they only had 1. If you can, I'd learn them just to be safe.

55. Frage
Damian is a procurement professional in the Public Sector. He has recently run a competition to source new uniforms for hospital staff and has decided on a suitable supplier. Should Damian con-duct post tender negotiation with the supplier?

A. yes- all tender processes should include post-tender negotiation
B. yes- post-tender negotiation may result in a lower price and thus better value for money
C. no- it would be against the law for Damian to do this
D. no- this isn't necessary as Damian has selected the most appropriate supplier

Antwort: C

Begründung:
Damian works in the Public Sector- it is against the law for the public sector to conduct 'post tender negotiation' after a contract has been awarded. This is because it's not transparent and equal opportunities, which are founding principles of public sector procurement.
Private sector can do whatever they want. They can do post-tender negotiations.
NOTE: this is currently the rules as per Public Contract Regulations 2015. These are being superseded in October by new legislation. The study guide doesn't mention this, but it's happening. At the time of writing (January 2023) we don't have the full details about what the new rules are but I doubt they will change on this particular topic. You can find out more about the changes to Public Sector Procurement here: Transforming Public Procurement - GOV.UK (www.gov.uk)

56. Frage
What is a major benefit to using Incoterms when sourcing goods internationally?

A. it replaces the need for insurance
B. it ensures ethical business practices
C. it ensures value for money
D. it replaces lengthy contractual clauses

Antwort: D

Begründung:
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.

57. Frage
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Die CIPS L4M4 Zertifizierungsprüfung ist sehr schwierig. Obwohl die CIPS L4M4 Prüfung sehr schwer ist, gibt es noch viele Prüfungsanmelder. Warum? Weil CIPS L4M4 Prüfung eine sehr wichtige Prüfung. Für ITer gibt es negativen Einfluss für die Arbeit. Diese Zertifizierung können Ihnen viele Vorteile bringen. Und es kann auch Ihnen erhöhte Chance schaffen. Zusammenfassend nehmen CIPS L4M4 Prüfung großen Einfluss auf Ihre Karriere. Wollen Sie diese so wichtige Prüfung ablegen?

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