CIPS Procurement and Supply Environments - L3M1 FREE EXAM DUMPS QUESTIONS & ANSWERS
A 'firm price' and a 'fixed price' are the same thing.
True or false?
True or false?
Correct Answer: B
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Measurement of an organisation's carbon footprint uses which gas as a standard measure?
Correct Answer: C
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Which one of the following initiates the procurement process inside the buying organisation, calling for action by the procurement professionals?
Correct Answer: B
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'A - - - - - - - - is a price in which the supplier and buyer agree that the supplier can charge a price based on actual costs incurred, plus a margin for profit'.
Correct Answer: C
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Why is procurement governance important?
Select all that apply.
Select all that apply.
Correct Answer: A,C,D
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'Shareholders are an example of stakeholders'. True or false?
Correct Answer: A
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Which of the following are examples of non-renewable resources?
Correct Answer: B,C
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In which one of the following sectors would you least expect to find seasonal unemployment:
Correct Answer: C
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'Open tendering may impose a substantial administrative burden on the procurement function.' True or false?
Correct Answer: A
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Which one of the following is a document describing the requirement of a buying organisation, and may be used in seeking quotations or in a tender process? It may take the form of a written descrip-tion, drawing, model, chemical formula, etc.
Correct Answer: A
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