Free CIPS L5M2 Exam Questions

Become CIPS Certified with updated L5M2 exam questions and correct answers

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Total 122 Questions | Updated On: Jan 15, 2026

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Question 1

In which of the following industries is it common to find dedicated resource for risk management?

A : nking and insurance

B : riculture

C : nufacturing

D : public sector

Answer: A

Question 2

An indemnity clause should contain which of the following pieces of information 1) duties of both parties 2) a monetary limit 3) insurance levels 4) details of the breach 5) a time limit

A : 1,2,5

B : 1,3,4

C : 2,4,5

D : 3,4,5

Answer: A

Question 3

Yusef is a new procurement manager at FRD Incorporated. He is looking through the Risk Assessments for his department and notices that the cause of the risk is not identified. Why might this be?

A : is is a mistake - all risk assessments should specify the cause of the risk. He should raise this with his manager

B : organisation has a high risk appetite

C : organisation has not recorded cause for cultural reasons

D : organisation has completed the risk assessments incorrectly

Answer: C

Question 4

ISO 20400 represents what area of business?

A : ality Management

B : pply Chain Security

C : k Management

D : Sustainable Procurement

Answer: D

Question 5

What is the final stage of Deming's Plan - Do - Check cycle which is encouraged by ISO9001?

A : prove

B : view

C : t

D : ess

Answer: C

Page: 1 / 25

Total 122 Questions | Updated On: Jan 15, 2026

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