Practice L4M4 Mock | L4M4 Exam Practice

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CIPS L4M4 Exam Overview:
| Certification Vendor: | CIPS (Chartered Institute of Procurement & Supply) |
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| Exam Name: | Ethical and Responsible Sourcing |
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| Exam Number: | L4M4 |
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| Real Exam Qty: | Approximately 60 questions |
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| Exam Price: | Varies by region and assessment center (typically ~Β£70βΒ£120 per module) |
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| Available Languages: | English |
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| Exam Format: | Multiple choice questions, Computer-based exam, Scenario-based questions |
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| Passing Score: | 50% |
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| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
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| Certificate Validity Period: | No fixed expiry (qualification remains valid once achieved) |
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| Exam Duration: | 120 minutes |
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| Recommended Training: | CIPS Official Learning Resources CIPS Study Hub |
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| Exam Registration: | CIPS Exams and Assessment Information CIPS Official Qualifications Page |
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| Sample Questions: | CIPS L4M4 Sample Questions |
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| Exam Way: | Computer-based examination delivered via authorized test centers (e.g., Pearson VUE) and/or remote proctored options depending on region. |
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| Pre Condition: | No formal prerequisites, but typically taken as part of CIPS Level 4 Diploma progression. Level 3 Diploma knowledge is recommended. |
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| Official Syllabus URL: | https://www.cips.org |
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| Topic | Details |
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| 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 the key processes that can be applied to the analysis of potential external suppliers:
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| Topic 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.
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| Topic 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 Ethical and Responsible Sourcing Sample Questions (Q89-Q94):
NEW QUESTION # 89
Which of the following is not a type of fraud that procurement professionals should be vigilant for?
- A. kickback
- B. phishing
- C. coersion
- D. identity theft
Answer: C
Explanation:
Coercion is not a type of fraud. The other three are.
NEW QUESTION # 90
A buyer is carrying out an assessment to identify the risk of unethical suppliers being selected for a new contract. Which of the following should the assessment include in order to protect the organisation against ethical reputational risks?
- A. The likelihood of suppliers becoming insolvent in the future due to unforeseen circumstances
- B. Performance records (late deliveries/poor quality) of agreed contract deliverables
- C. The average staff retention levels experienced by the suppliers
- D. Whether the suppliers have received negative press around their fair treatment of subcontracted staff
Answer: D
Explanation:
Assessing the ethical reputation of suppliers is crucial to mitigate risks associated with unethical practices.
Negative media coverage regarding the fair treatment of subcontracted staff is a significant indicator of potential ethical issues within a supplier's operations. Such information can highlight concerns related to labor rights violations, discrimination, or unsafe working conditions, which can adversely affect the buying organization's reputation if not addressed.
Reference:
CIPS Level 4 Diploma in Procurement and Supply, L4M4 Study Guide, Section 3.3.1: Application of the CIPS Code of Conduct
NEW QUESTION # 91
Which of the following is not a Human Rights as protected by the UN Declaration on Human Rights?
- A. the right to be treated equally
- B. the right to change nationality
- C. freedom of Belief and to change beliefs
- D. the right to free speech
Answer: B
Explanation:
the right to change nationality is not included in the UN Declaration of Human Rights. There are 30 in total but you're not expected to know them all. You should know the big ones though which are; life, security, belief, equal treatment, free speech and expression. A summary can be found here: Universal Declaration of Human Rights | United Nations
NEW QUESTION # 92
Procurement professionals should never appoint any suppliers that have a low credit rating. Is this statement TRUE?
- A. No, because a credit rating is not an appropriate decision-making tool
- B. Yes, because this rating indicates poor financial management practices
- C. No, because a credit rating is only one financial tool to be used in determining financial competence
- D. Yes, because this rating means that insolvency or liquidation is imminent
Answer: C
Explanation:
A credit rating is one of many tools used to assess a supplier's financial health. Responsible sourcing requires a comprehensive assessment of suppliers, considering multiple factors, to ensure a balanced and ethical approach to supplier selection.
NEW QUESTION # 93
A buyer for a large manufacturing organisation is assessing a sole supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price. Are there any added values that the procurement manager can use to leverage the sole supplier proposal?
- A. No, the buyer must make the decision based on the existing information
- B. No, because a buyer has no leverage over a sole supplier
- C. Yes, but only if the buyer decides to re-start the tender opportunity
- D. Yes, the buyer can negotiate on aspects such as after-sales service
Answer: D
Explanation:
In cases where price differentiation is minimal, negotiating on added-value services like after-sales support can offer additional benefits. This aligns with responsible sourcing by focusing on long-term value and fostering a cooperative relationship with the supplier.
NEW QUESTION # 94
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