L3M2 CIPS Ethical Procurement and Supply Free Practice Exam Questions (2025 Updated)
Prepare effectively for your CIPS L3M2 Ethical Procurement and Supply certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
The Pareto Principle, broadly speaking, is also known as (choose two):
Thinking of Carter’s 10 C’s, the ‘c’ for Commitment refers to:
A specification which focuses on the outputs of a requirement is called:
You work as a buyer for a large international corporation. You are currently involved in managing a high-value tender, and one of the potential bidders offers to take you to a horse-racing event, with all expenses paid. The offer is for you alone; not for colleagues in your organisation. What do you do?
‘From an accounting perspective, added value is total XXXXXX minus total costs of all activities’.
Which word is missing?
Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:
‘The act of drawing the attention of someone in authority, to an alleged instance of unethical con-duct’, is called: