Free Practice CIPS L4M4 Exam Questions 2025

Stay ahead with 100% Free Ethical and Responsible Sourcing L4M4 Dumps Practice Questions

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Total 486 Questions | Updated On: Apr 11, 2025

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Question 1

Which of the following should be assessed in supplier proposals to check compliance with environmental, social, and governance (ESG) standards? Select THREE that apply.

A : The company's criteria for make or buy decisions

B : The financial stability of the company

C : Procedures on intra-company trading

D : The company’s employee working conditions

E : The company's code of ethics

F : The company's policy on carbon emissions

Answer: D,E,F

Question 2

The bill of lading is one of the main documents associated with sea freight within international sourcing. Which of the following statements represent some of the uses of the bill of lading? Select TWO that apply.

A : It provides evidence of the contract of carriage for the goods

B : It provides evidence of the title of ownership of the goods

C : It provides evidence of the country of origin of the goods

D : It provides evidence that the goods are fully insured in transit

E : It provides evidence guaranteeing the use of Incoterms on the goods

Answer: A,B

Question 3

Price is the only award criterion which helps the buying organization achieve "Value for Money" in every purchases. Is that statement correct?

A : Yes, because the price will determine whether or not the supplier is competent to satisfy the order

B : No, because "Value for Money" might includes other criteria in stead of only price aspect

C : Yes, because lowest production cost is the only goal of every businesses

D : No, the price is the most crucial criterion in sourcing strategic items

Answer: B

Question 4

Which of the following is the most weighted element that credit rating agencies use in calculating credit rating score?

A : New credit

B : Credit mix

C : Payment history

D : Length of credit history

Answer: C

Question 5

A procurement manager of a medium-sized company has suggested to their executive board that implementing an ISO environmental standard would improve procurement practices and reduce environmental and social impacts. However, some colleagues are concerned about the potential complexity and supplier resistance. Should the company go ahead with the recommendation?

A : Yes, as it would align with, and help to achieve, sustainability goals

B : No, ISO standards are too complex for staff and suppliers to understand and follow

C : No, because ISO standards are only relevant to large organisations

D : Yes, implementation would guarantee that the company is compliant with all environmental laws

Answer: A

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Total 486 Questions | Updated On: Apr 11, 2025

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