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CIPS L4M4 Exam With Confidence Using Practice Dumps

Exam Code:
L4M4
Exam Name:
Ethical and Responsible Sourcing
Vendor:
Questions:
282
Last Updated:
Nov 15, 2025
Exam Status:
Stable
CIPS L4M4

L4M4: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Ethical and Responsible Sourcing Questions and Answers

Question 1

Steff is a procurement manager at Giant Buttons Ltd who are considering offshoring a small section of their manufacturing operations. Which of the following is a risk of offshoring that Steff should consider.

Options:

A.

importation rules and tariffs

B.

exportation rules and tariffs

C.

payments by electronic bank transfer

D.

lower operating costs

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Question 2

What are the two main financial accounting statements of an organisation that show the values of assets and liabilities, and the profit earned in the period?

Options:

A.

Cash flow statement (statement of cash flow) and balance sheet (statement of financial position)

B.

Balance sheet (statement of financial position) and profit and loss account (statement of financial performance)

C.

Profit and loss account (statement of financial performance) and chairman’s statement (in the annual report)

D.

Cash flow statement (statement of cash flow) and profit and loss statement (statement of financial performance)

Question 3

When assessing social responsibility elements of a supplier's proposal, what type of supporting evidence could a supplier provide?

Options:

A.

Evidence of compliance with fair trade standards

B.

Results of a customer service survey on delivery performance

C.

Quality control reports documenting quality checks in the manufacturing process

D.

Financial statements detailing profit and loss accounts