CIPS L4m4 Ethical And Responsible Sourcing Exam Questions & Answers

Practice 12 free CIPS L4m4 Ethical And Responsible Sourcing exam questions with answers and community-discussed explanations. Each question has its own page where you can reveal the correct answer and debate it in the comments.

All 12 questions

  1. Q1 When using a 'credit account' payment mechanism, when does a supplier receive payment for the goods?
  2. Q2 In order to assess whether a company is able to meet its current liabilities, which financial ratio should you use?
  3. Q3 Steff is a procurement manager at Giant Buttons Ltd who are considering offshoring a small section of their manufacturing operations. Which of…
  4. Q4 A company has actively included supporting of disadvantaged groups within their ESG commitment. Which of the following groups are considered disadvantaged?
  5. Q5 Why would you use a credit score to appraise a supplier?
  6. Q6 Khalid is a procurement manager in the UK who is looking to source exotic fruit for a retailer. As this type of…
  7. Q7 Henry is importing cheese from South East Asia into the UK. He is doing some research on the costs and risks of…
  8. Q8 Greg is doing some research on a potential supplier and is concerned that the supplier's funding is based on long-term debts and…
  9. Q9 Which of the following is not a Human Rights as protected by the UN Declaration on Human Rights?
  10. Q10 Which of the following financial documents would show whether a supplier has sufficient funds to pay their subcontractors in the short term?
  11. Q11 It is important that buyers take an approach that is reasonable and fair when selecting suppliers to work with. Which of the…
  12. Q12 Which of the following should be considered when calculating ratios relating to a supplier's liquidity?

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