Total 175 Questions |
Updated On: Mar 08, 2026
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Free CIPS L2M1 Exam Questions
Become CIPS Certified with updated L2M1 exam questions and correct answers
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Question 1
Lower price does not always equate to lower cost, e.g. could be lower quality, which could result in higher costs further down the line.
Answer: A
Question 2
What back‐up plan could a manufacturer have in case a supplier is unable to obtain raw materials? Select all that apply
Answer: A,C
Question 3
Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?
Answer: B
Question 4
A questionnaire about the bidder’s suitability not about the bid is known as what?
Answer: A
Question 5
Purchases can be made under a framework agreement by the way of what?
Answer: A
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Total 175 Questions |
Updated On: Mar 08, 2026
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