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[General] L4M4 Valid Test Materials & Valid L4M4 Exam Dumps

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【General】 L4M4 Valid Test Materials & Valid L4M4 Exam Dumps

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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 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.
Topic 4
  • Understand the key processes that can be applied to the analysis of potential external suppliers:

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CIPS Ethical and Responsible Sourcing Sample Questions (Q20-Q25):NEW QUESTION # 20
Sourcing aims to achieve the best value for money by taking into account several factors. Freddy is sourcing a new component for his company which manufactures tractors. Should Freddy take into consideration ethics and sustainability?
  • A. no- 'value for money' only concerns price and if the product is fit for purpose
  • B. yes- ethics and sustainability form part of 'value for money'
  • C. yes- ethics and sustainability show that the products are fit for purpose
  • D. no- 'value for money' is concerned with achieving the lowest price
Answer: B
Explanation:
"yes- ethics and sustainability form part of 'value for money' " is the correct answer.
There are several factors that represent value for money and these are listed on p.3. These include; price, delivery, quality, ethics, sustainability and availability.

NEW QUESTION # 21
A public sector buyer ran a tender with eight bidders, all meeting minimum standards. How is the award decision made?
  • A. Weighted criteria
  • B. Supplier location
  • C. The bidder's price
  • D. Framework agreement terms
Answer: A
Explanation:
Public sector procurement is bound by transparency, fairness, and value-for-money principles. Once minimum thresholds are met, evaluation must be based on pre-published weighted criteria (often combining price, quality, sustainability, and social value). Sole reliance on price or location would breach fairness and equal treatment obligations. Weighted scoring ensures that decisions are objective, defendable, and aligned with responsible sourcing principles. This also allows ethical and sustainability considerations to be formally scored alongside commercial ones, reinforcing good governance.
Reference: CIPS L4M4 Study Guide (v2), LO: "Implementation" - evaluation in public sector, weighted award criteria.

NEW QUESTION # 22
Which of the following Incoterms has the lowest risk for the supplier?
  • A. delivered at terminal
  • B. delivered duty paid
  • C. ex works
  • D. free on board
Answer: C
Explanation:
Ex-Works has the lowest risk to the supplier- in Exworks the buyer collects the items directly from the supplier - so they have all the issues and risks of transporting it back home.
There are many question on Incoterms CIPS can ask. But as there's such a huge bank of questions it's really hit or miss if you'll get one of those question. Two students sitting the exam at the same time in the same study centre can get different question sets. One person can get 3 Incoterm questions and the other gets 0.
I would learn the major ones- the ones at the ends of the table in particular because these are the ones question are likely to be about. Ex works / Free carrier and Delivered at Place Unloaded/ De-livered Duty Paid in particular.
I like this graph as I'm a visual person. I think it makes it easier to understand than the study guide:
Shipping Incoterms: the Complete Guide - Guided Imports

NEW QUESTION # 23
Incoterms describe several aspects and responsibilities of transporting goods when sourcing internationally.
Which of the following is described by Incoterms? Select THREE.
  • A. which party arranges insurance
  • B. who is responsible for making duty and tariff arrangements
  • C. what form of transportation will be used
  • D. how long the transportation will take
  • E. how much the transportation will cost
Answer: A,B,C
Explanation:
Incoterms describe who out of the buer and seller; organises transport and what type of transport this is, who pays for insurance, and who organises duty / tariff arrangements when the goods go through customs. See p.
131. Note- some students report a lot of questions on Incoterms in the exam, some say they only had 1. If you can, I'd learn them just to be safe.

NEW QUESTION # 24
One of the typical selection criteria applied in determining the right supplier is 'technical capabilities', which might include ...
  • A. The supplier's ability to produce all required quantities and maintain contingency stocks
  • B. The supplier's brand name is highly reputed for being associated with the Ethical Trading Initiative
  • C. The supplier's financial ratios, revealing that they are very highly geared
  • D. The supplier's ability to keep its plant and machinery in a high state of repair and maintenance
Answer: A
Explanation:
Technical capability focuses on the capacity to meet specification, volume, and reliability (including contingency). While maintenance is relevant, the clearest indicator among these options is the proven ability to deliver required quantities and hold contingency stock. Financial gearing and reputational associations are separate selection dimensions (financial/ethical).
Reference: CIPS L4M4 Study Guide (v2): LO "Implementation" - supplier selection criteria (technical capability, capacity, quality, ethical credentials).

NEW QUESTION # 25
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