Free L3M1 Exam Questions - Easiest Way for Success

Prepare for the CIPS L3M1 exam questions with our authentic preparation materials, including free L3M1 practice exam questions and answers. TheExamsLab provides all the support you need to succeed in the Procurement and Supply Environments (L3M1) L3M1 exam. This dedication to student success is why we have the most satisfied L3M1 certification exam candidates worldwide.

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Total 90 Questions | Updated On: Sep 12, 2024

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Question 1

Which of the following constitute non-tariff barriers to trade?

A : Increased import duties

B : Complex customs procedures and paperwork for any goods crossing borders

C : Reduced import duties

D : Government subsidies to domestic producers

Answer: B,D

Question 2

The Paris Agreement is about:

A : Climate change

B : European free trade

C : Taxation on fashion houses

D : Rail freight rates

Answer: A

Question 3

Which one of the following is a commercial document issued by a seller seeking payment for goods or services?

A : Delivery note

B : Pre-qualification questionnaire

C : Invoice

D : Supplier quotation

Answer: C

Question 4

Which of the following would not normally be seen as part of public sector procurement?

A : Achieving defined service levels

B : An emphasis on the use of the competitive principle

C : Personal financial rewards from suppliers for buyers in return for awarding contracts

D : Personal bonus payments for procurement staff, linked to savings made

E : Pursuit of equal opportunities policies, internally and externally

Answer: C,D

Question 5