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: Sep 11, 2025

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Question 1

ISO 20400 represents what area of business?

A : ality Management

B : pply Chain Security

C : k Management

D : Sustainable Procurement

Answer: D

Question 2

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 3

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 4

Which of the following models would be used to explore internal and external risks to a business?

A : rter's 5 Forces

B : EEPLE

C : OT

D : isson Distribution

Answer: C

Question 5

2021-07-23-18-48-15-361d6c186f2b89c0ea2ea8615b7eb3c7

Which of the following will you put into box 4?

A : hazard

B : nancial

C : rategic

D : erational

Answer: B

Page: 1 / 25

Total 122 Questions | Updated On: Sep 11, 2025

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