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: Mar 07, 2026

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Question 1

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 2

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

Which of the following will you put into box 5?

A : w technology

B : rward contract

C : tsource

D : urance

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

Which of the following risks would likely be tolerated by a company?

A : no risks should be tolerated

B : portunities which are low risk and low impact

C : portunities which are low risk and high impact

D : portunities which are high risk and low impact

Answer: B

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: Mar 07, 2026

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