Exam L4M3 Topic 6 Question 57 Discussion

Actual exam question for CIPS's L4M3 exam
Question #: 57
Topic #: 6
Which of the following is the procedure that makes no further competition under a framework agreement?

Suggested Answer: B Vote an answer

Direct call off is the act of placing an order under a framework agreement without having further competition.
Standing offer is an available offer.
Blanket order is another name of framework agreement
Closed system is a requirement of framework agreement. It is a system or process that, once started, does not allow new entrants.
Reference:
LO 1, AC 1.3

by Sheila at Sep 17, 2026, 12:42 PM

Limited Time Offer

15%

Off

Get Premium L4M3 Questions as Interactive Self Test Engine or PDF

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Nick name: Submit Cancel
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.
0
0
0
10