Free L2M2 Exam Questions - Easiest Way for Success

Prepare for the CIPS L2M2 exam questions with our authentic preparation materials, including free L2M2 practice exam questions and answers. TheExamsLab provides all the support you need to succeed in the CORE Level 2 Procurement and Supply Operations L2M2 exam. This dedication to student success is why we have the most satisfied L2M2 certification exam candidates worldwide.

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Total 156 Questions | Updated On: Sep 12, 2024

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Question 1

What term refers to all business conducted and paid for on the internet, covering all transactions such as sending electronic requisitions, RFQs and tenders, electronic authorising of documents through e-signatures, and receiving goods electronically?

A : E-Charging

B : E-Commerce

C : E-Contracting

D : E-Customer

Answer: B

Question 2

What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?

A : List of duties

B : List of rates

C : Schedule of duties

D : Schedule of rates

Answer: D

Question 3

Personal objectives should feed into the organisation’s overall objectives

A : TRUE

B : FALSE

Answer: A

Question 4

MRP systems are never place Purchase Orders

A : TRUE

B : FALSE

Answer: B

Question 5

What type of contract is it when the price is agreed, the goods are supplied, and the relationship ends?

A : Phase contract

B : Speck contract

C : Spot contract

D : Term contract

Answer: C

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Total 156 Questions | Updated On: Sep 12, 2024

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