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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:
Feb 28, 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 of the following should be considered when calculating ratios relating to a supplier's liquidity?

Options:

A.

inventory

B.

reserves

C.

receivables

D.

profit

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Question 2

The procurement team received an urgent request to source quotations for pest control services. The team decided to use a local newspaper to advertise the requirements. Was this an appropriate approach?

Options:

A.

No, because international vendors must also be notified of the opportunity

B.

Yes, so that the local pest control sector can decide between them who should bid

C.

No, because they might receive too many irrelevant proposals which may delay the assessment process

D.

Yes, they must seek as many bids as possible even if it takes longer

Question 3

Bob works in the procurement department of a construction firm. He has been asked to procure an item for a short-term project which is considered low risk. What type of sourcing will he be completing?

Options:

A.

tactical

B.

strategic

C.

outsourcing

D.

insourcing