Free Online CIPS L4M2 Practice Test

Prepare Your CIPS L4M2 Exam Questions with Free online L4M2 Practice Test. Get Brilliant Defining Business Needs Exam Results with Valid L4M2 Exam Dumps.

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Total 152 Questions | Updated On: May 14, 2024

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Question 1

Which of the following are typical environmental considerations throughout the contract life cycle? Select the TWO that apply.

A : Inequality

B : Pollution control

C : Modern slavery

D : Waste management

E : Health and safety

Answer: B,D

Question 2

A buying organisation may not have technical capability to produce a highly complex specification. Which of the following are sources of information that can be used to create the specification? Select TWO that apply

A : Name cards

B : Standard terms and conditions

C : Standards

D : Constitution

E : Suppliers

Answer: A,C

Question 3

A charity is reviewing their spend and budget after an operation in flooded areas. They realise that the operators save money against the budgeting plan. This saving is known as...?

A : Negative variance

B : Positive variance

C : Positive budget

D : Negative budget

Answer: A

Question 4

ABC Ltd has enormous investment in facilities and machinery. It also employs skilled workforce. To be profitable, the company has to produce at massive quantity. Which sector does ABC Ltd belong to?

A : Manufacturing

B : Retail

C : Construction

D : Agriculture

E : Finance

Answer: A

Question 5

Which of the following agencies can produce a technical standard?

A : BSI

B : House of Lords

C : Department of State

D : Universities

Answer: A

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Total 152 Questions | Updated On: May 14, 2024

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