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Why CIPS L2M1 Practice Exam Questions?

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L2M1 exam questions are expertly crafted practice tests designed to simulate the real CIPS certification exam environment and help you assess your knowledge and figure out where you are lacking. From our free CORE Level 2 Introducing Procurement and Supply L2M1 practice exam, you will feel secure in passing any question type or time limit. TheExamsLab offers the L2M1 exam questions 2024. Don’t settle or do it half-heartedly get the best and invest in the best what you want is what you get.

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Total 175 Questions | Updated On: Nov 20, 2024
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Question 1

At what stage of the tendering process would you make a recommendation and seek approval from an authorised person before awarding the contract?


Answer: A
Question 2

What type of purchase would you be making for things that are of value to a business, such as machinery or buildings? They are assets to a business, and their value depreciates over time.


Answer: A
Question 3

A contract can be amended if both parties are in agreement, for example, to revise quantities, KPIs, payment terms, length of contract, etc.


Answer: A
Question 4

A buyer review suppliers’ CSR policies prior to contracting but is no necessary to do again throughout contract to ensure they remain in line


Answer: B
Question 5

What does the term OEM stand for?


Answer: D
Page:    1 / 35      
Total 175 Questions | Updated On: Nov 20, 2024
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