Free CIPS L4M3 Exam Questions

Become CIPS Certified with updated L4M3 exam questions and correct answers

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Total 193 Questions | Updated On: Sep 09, 2025
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Question 1

Which of the following is likely to reduce risks of different rules regarding when offers and acceptance become effective between legal systems?


Answer: D
Question 2

Which of the following are likely to be advantages of using invitation to tender? Select TWO that apply:


Answer: C,D
Question 3

Crown Commercial Service signed a four-year framework agreement with three suppliers on providing street lightning services. When the services are needed, the agency holds a mini competition. Eventually, the deal was awarded to Amey Public Services (APS) which was not listed as a supplier on the framework. Is this action compliant with legal requirement?


Answer: C
Question 4

A procurement manager is preparing a long-term contract with a major supplier. She decides to use the variable pricing arrangement using price indices. The payment terms describe the circumstances and mechanism where the price is allowed to change. In order to successfully manage this type of contract, the buying organisation should have...?


Answer: A
Question 5

A purchase order can become a contract between supplier and purchaser if it is...?


Answer: C
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Total 193 Questions | Updated On: Sep 09, 2025
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