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CIPS Procurement and Supply in Practice - L4M8 real prep

L4M8
  • Exam Code: L4M8
  • Exam Name: Procurement and Supply in Practice
  • Updated: Nov 07, 2025
  • Q & A: 106 Questions and Answers
  • PDF Version

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  • PDF Price: $59.98
  • CIPS L4M8 Value Pack

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  • Value Pack Total: $79.98

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CIPS Procurement and Supply in Practice Sample Questions:

1. What are the eight elements of whole life asset management?


2. Research the ethical standard or accreditation of an industry with which you are familiar.


3. Create a list of primary and secondary Data sources?


4. Describe the seven stages of the Tender Process and explain the reasons why the stages must be followed.


5. What Incoterm applies here?
The supplier is responsible of placing the goods in the hands of a chosen carrier by the buyer, at which point the buyer takes on the risk.

A) CPT - Carriage Paid To
B) FCA - Free Career
C) CIP - Carriage and Insurance Paid to
D) EXW - Ex Works


Solutions:

Question # 1
Answer: Only visible for members
Question # 2
Answer: Only visible for members
Question # 3
Answer: Only visible for members
Question # 4
Answer: Only visible for members
Question # 5
Answer: B

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