Free Online CIPS L2M2 Practice Test

What type of pricing arrangement is it when a cost per item for products or services is compiled, and used when the buyer does not know how much of something they will need at a time and how often or how long they may have the need?

Informal organisations are usually legal entities. Everyone knows their role and their level of authority within the organisation.

Which of the following are examples of public sector organisations?

Which typical function within an organisation is responsible for providing specialist knowledge in support of production, for example, quality assurance, engineering, warehousing, etc.?

Unincorporated companies are considered by law to be separate from their owners. True or false?