[Mar 07, 2026] Genuine L4M4 Exam Dumps New 2026 CIPS Pratice Exam [Q87-Q101]

QUESTION 87
Which of the following information can facilitate international imports and exports?
* Product quality statistics
* Certificate of origin
* Purchase order
* Supplier financial position

QUESTION 88
A public sector buyer has run a competitive tender, for which there were eight bidders. All bidders have met the public sector organisation’s minimum standards. In addition, they must also meet several other requirements. The buyer will make the contract award decision based on which of the following?

QUESTION 89
Using a weighted scorecard to assess and compare supplier proposals is beneficial for which of the following reasons?

QUESTION 90
Incoterms are designed to be understood and interpreted on a worldwide basis. What is the interpretation for FOB (Free on Board)?

QUESTION 91
A buyer is assessing a supplier’s proposal in terms of any added value offered. Which of the following are examples of added value?
* The supplier has submitted the lowest price compared to competitors
* The supplier is offering solutions to reduce costs in the supply chain
* The supplier is committed to reducing plastic and waste in operations
* The supplier is personally known by the Operations Director

QUESTION 92
Commodities can be traded on a stock exchange and are generally divided into one of four categories. Which of the following is not one of these four categories?

QUESTION 93
The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers. What is a disadvantage of using a weighted point system?

QUESTION 94
In which instance would multiple sourcing be the most applicable approach?

QUESTION 95
Which of the following is true for CIPS members who sign and comply with the CIPS Code of Conduct?
Members can …
* gain an understanding of ethical and successful business operations
* acquire automatic entitlement to government sponsorship
* enjoy continued CIPS membership and access to resources
* bypass the need to comply with other voluntary or legal codes

QUESTION 96
Which of the following are secondary research sources that can be used when investigating markets and suppliers? Select THREE that apply.

QUESTION 97
Khalid is a procurement manager in the UK who is looking to source exotic fruit for a retailer. As this type of fruit doesn’t grow naturally in the UK Khalid is looking at international suppliers, but is worried about variations in exchange rates. He is considering asking the suppliers to provide quotes in their local currencies.
Will this reduce the risk posed to Khalid?

QUESTION 98
One approach to managing supply risk is having multiple suppliers for a product. Which condition justifies multiple sourcing?

QUESTION 99
A buyer is responsible for the procurement of metals within the raw materials department. The buyer is preparing for next year’s purchase orders and has been asked to confirm the month of order placement. The buyer has found three trends:
* In January and April, the supplier’s local currency is stronger
* November typically has the lowest demand
* May typically has the highest demand
Which month should the buyer plan to place the purchase order?

QUESTION 100
A chief procurement officer (CPO) reviews a tender process and recommendation before making the final submission to the board of directors for approval. The CPO notices that the evaluation team assessed technical and financial capacity but did not conduct an assessment and due diligence on the supplier’s environmental, social, governance, anti-bribery, and corruption practices and processes. The CPO has decided to forward the report to the board for approval and seek reassurance from the supplier at a later date once the contract has been signed. Was the CPO’s decision the correct one?

QUESTION 101
When evaluating a supplier’s proposal in relation to ESC (Environmental, Social, Governance, and ethical elements), it is common to send questionnaires to suppliers requesting information, which can later be scored.
Which of the following questions would be assessing any of the ESC criteria?
* Could you provide details on your manufacturing and raw material costs as part of an open-book pricing contract?
* How do you promote equal opportunity for your employees, customers, and suppliers?
* What is the annual turnover and profitability of your company?
* Does your company have an anti-bribery policy?