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CIPS Procurement and Supply in Practice Sample Questions:

1. What are the definition of a new buy and a modified re-buy?

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

3. What is Decommissioning?

4. Which sector most frequently uses invitation to tender?

5. Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination, covering the cost of both the transport and the insurance to cover this. Again, the supplier bears all risks until the goods are delivered to the buyer at their named place.

A) FAS - Free Alongside Ship
B) DAP - Cost and Freight
C) CIF - Cost Insurance and Freight
D) FOB - Free On Board

Solutions: