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CIPS L4M4 Exam With Confidence Using Practice Dumps

Exam Code:
L4M4
Exam Name:
Ethical and Responsible Sourcing
Vendor:
Questions:
301
Last Updated:
Oct 27, 2026
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

Which award criteria can be applied when sourcing requirements from external suppliers?

Options:

A.

Understanding of supplier operations

B.

Price and total life-cycle costs

C.

Plans and manpower numbers

D.

Delivery promises of goods

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Question 2

A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and make sure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?

Options:

A.

Gearing ratio

B.

Acid test

C.

Profit and loss account

D.

Annual turnover

Question 3

Which of the following incoterms has the lowest risk to the buyer?

Options:

A.

exworks

B.

delivered duty paid

C.

carriage and insurance paid to

D.

free on board