Free CIPS L5M6 Exam Questions

Become CIPS Certified with updated L5M6 exam questions and correct answers

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Total 122 Questions | Updated On: Jul 22, 2026

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Question 1

What is the purpose of a Category Board?

A : to select the Category Manager

B : approve spending over a certain amount

C : develop and implement a category strategy

D : mitigate all risks

Answer: C

Question 2

CEB Research states that there are 6 competencies which drive strategic performance in Procurement. The ability to stay calm under pressure and handle criticism is which of the following competencies?

A : fluencer

B : aptor

C : novator

D : ults seeker

Answer: B

Question 3

What is contract leakage?

A : en spend with a supplier is more than was stated in the contract

B : en spend with a supplier is less than was forecast

C : gap between proposed KPI levels and those actually achieved by the supplier over the course of a contract

D : gap between benefits identified in the pre-award stage of the contract and those actually achieved

Answer: D

Question 4

According to studies completed by Reeves, Moose and Venema in 2014, which of the following was proven to be true with regards to the BCG matrix?

A : companies nowadays have more 'cash cow' items than in the past

B : oducts move through the four quadrants faster nowadays than in the past

C : ere is a higher correlation between share leaders and profit leaders nowadays than in the past

D : ere is a longer time between innovation and adoption nowadays than in the past

Answer: B

Question 5

On the BCG Matrix, what is a cash cow?

A : high market share, high market growth

B : gh market share, low growth

C : w market share, low growth

D : w market share, high growth

Answer: B

Page: 1 / 25

Total 122 Questions | Updated On: Jul 22, 2026

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