Free CIPS L4M4 Exam Questions

Become CIPS Certified with updated L4M4 exam questions and correct answers

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Total 585 Questions | Updated On: Sep 02, 2026

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Question 1

A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and ensure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?

A : Profit and loss account

B : Annual turnover

C : Gearing ratio

D : Acid test

Answer: D

Question 2

Which of the following Incoterms has the lowest risk for the supplier?

A : ex works

B : delivered at terminal

C : free on board

D : delivered duty paid

Answer: A

Question 3

Using a weighted scorecard to assess and compare supplier proposals is beneficial for which of the following reasons?

A : Deciding on what score to give each criterion is subjective and can avoid transparency in the selectionprocess

B : It provides an objective and consistent approach to evaluating bids and ensures that best value formoney is achieved

C : It increases bias towards suppliers who otherwise might not have been awarded the contract

D : The focus on price simplifies the assessment process, making it easier to select the lowest cost supplier

Answer: B

Question 4

Which of the following is considered as part of ESG?

A : bribery, corruption and the environment

B : market conditions and product lifecycle

C : liquidity, gearing and profitability

D : economic and social governance

Answer: B

Question 5

Which of the following represent the triple bottom line? Select THREE that apply.

A : ocess

B : anet

C : ocurement

D : ofit

E : ice

F : ople

Answer: A,B,D

Page: 1 / 117

Total 585 Questions | Updated On: Sep 02, 2026

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