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[General] Reliable L4M4 Test Materials - L4M4 Free Vce Dumps

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【General】 Reliable L4M4 Test Materials - L4M4 Free Vce Dumps

Posted at 3 day before      View：10 | Replies：1        Print      Only Author   [Copy Link] 1#
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L4M4 practice material contains questions & answers together with explanations. You can do your L4M4 study plan according to your actual test condition. If your time is limited, you can remember the questions and answers for the L4M4 preparation. While, if your time is enough for well preparation, you can study and analyze the answers with the help of the L4M4 Exam explanations. No matter in which way you study for the CIPS certification, our L4M4 valid pdf dumps will ensure you 100% pass.
CIPS L4M4 Exam Syllabus Topics:
TopicDetails
Topic 1
  • Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.
Topic 2
  • This section examines analyzing market data, obtaining quotations
  • tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.
Topic 3
  • Understand the key processes that can be applied to the analysis of potential external suppliers:
Topic 4
  • Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.

L4M4 Free Vce Dumps, L4M4 Valid Test TipsThe exam outline will be changed according to the new policy every year, and the L4M4 questions torrent and other teaching software, after the new exam outline, we will change according to the syllabus and the latest developments in theory and practice and revision of the corresponding changes, highly agree with outline. The L4M4 Exam Questions are the perfect form of a complete set of teaching material, teaching outline will outline all the knowledge points covered, comprehensive and no dead angle for the L4M4 candidates presents the proposition scope and trend of each year.
CIPS Ethical and Responsible Sourcing Sample Questions (Q158-Q163):NEW QUESTION # 158
A buyer is only interested in working with suppliers who have strong Environmental and Social Governance practices. It is therefore using ethical criteria as supplier selection stage to determine which suppliers to work with. Which of the following statements is true?
  • A. the buyer should ask suppliers to be accredited to ISO9001
    a supplier who follows the CIPS Code of Conduct is more likely to meet the buyer's needs
  • B. compliance with Codes of Conduct from professional bodies is mandatory
  • C. ethical behaviour is impossible to determine as issues such as Modern Slavery often go undetected
Answer: A
Explanation:
A supplier who follows the CIPS Code of Conduct is more likely to meet the buyer's needs is the correct answer.
The other options are wrong:
1) Compliance with Codes of Conduct from professional bodies is optional. E.g. CIPS - no organi-sation is forced to comply with CIPS.
2) Unethical behaviour is not impossible to detect, it may be difficult but with correct due diligence and things like audits it's completely possible
3) ISO 14001 is quality management so is irelevent.

NEW QUESTION # 159
Which of the following types of data do credit rating agencies include in their assessment of organisations?
(Select TWO)
  • A. Ecosystems
  • B. Value for money
  • C. Financial obligations
  • D. Value chains
  • E. Payment history
Answer: C,E
Explanation:
Credit rating agencies assess an organisation's financial stability and risk of default. Key data includes financial obligations (such as outstanding loans, debt levels, repayment schedules) and payment history (how reliably the firm pays creditors and suppliers). These indicators show liquidity, cash flow reliability, and debt servicing ability. Factors such as "value for money" or "ecosystems" are irrelevant in a financial risk context.
Responsible sourcing requires buyers to consider supplier financial resilience, as instability could disrupt supply chains, increase risk exposure, and lead to reputational damage. Agencies like Moody's, S&, and Fitch provide independent assessments that complement in-house financial analysis.
Reference: CIPS L4M4 Study Guide (v2), LO: "Application" - financial appraisal tools and supplier risk assessment.

NEW QUESTION # 160
It is good practice for the procuring organisation's auditors to undertake the following upon completion of a supplier's audit. Select the TWO that apply.
  • A. Call for a meeting with colleagues and share confidential details of the audit
  • B. Do nothing, after all, this is a known supplier incapable of serious breaches
  • C. Inform the supplier of any non-conformances and improvement opportunities
  • D. Report non-compliance to police and have the supplier arrested for lapses
  • E. Prepare an audit report that may be shared with the supplier in advance
Answer: C,E
Explanation:
Informing suppliers of non-conformances and improvement opportunities supports responsible sourcing by promoting continuous improvement. Preparing a report for supplier review also aligns with transparency and collaborative improvement, integral to ethical sourcing standards.

NEW QUESTION # 161
A Bill of Exchange is an important document used when importing goods into a country from abroad. What is the purpose of this document?
  • A. explains which tariffs apply to the goods
  • B. details payment instructions
  • C. specifies the country of origin of the goods
  • D. details who is responsible for the insurance of the goods during transit
Answer: B
Explanation:
A Bill of Exchange is a payment instruction - it says who will pay whom and when.
Bill of Exchange Definition: Examples and How It Works (investopedia.com)

NEW QUESTION # 162
What are some of the benefits of conducting unscheduled supplier audits? Select TWO that apply.
  • A. Unscheduled audits increase the risk of providing misinformation
  • B. Unscheduled audits are more time-efficient than scheduled audits
  • C. Unscheduled audits significantly reduce costs compared to scheduled visits
  • D. Unscheduled audits help to identify non-compliance issues
  • E. Unscheduled audits help to achieve an unbiased assessment
Answer: D,E
Explanation:
Unscheduled audits can provide an unbiased view of supplier practices and help identify compliance issues that might be hidden during scheduled audits. This approach supports responsible sourcing by ensuring accurate assessments of ethical and quality standards.

NEW QUESTION # 163
......
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Posted at before yesterday 19:59        Only Author  2#
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