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CIPS L4M4 Practice Test Questions Answers

Exam Code: L4M4 (Updated 217 Q&As with Explanation)
Exam Name: Ethical and Responsible Sourcing
Last Update: 14-Sep-2025
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Questions Include:

  • Single Choice: 177 Q&A's
  • Multiple Choice: 40 Q&A's

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    L4M4 Questions and Answers

    Question # 1

    Elaine works for a British manufacturer of confectionary (sweets/ candy) items. One of the key ingredients is cocoa powder, which cannot be grown in the UK. Elaine therefore needs to look abroad for suppliers. Which of the following are risks that Elaine needs to consider when sourcing internationally? Select THREE

    A.

    currency exchange fluctuations

    B.

    shortened lead times

    C.

    ethical behavior

    D.

    export tariffs

    E.

    cultural differences

    Question # 2

    What information would you expect to find on a supplier's response to a 'Request for Information'? Select TWO

    A.

    detailed information regarding their costing structure

    B.

    their ethical and sustainability policies

    C.

    their capability and capacity to fulfil a contract

    D.

    their marketing strategy

    Question # 3

    GDP is an economic index that a procurement professional can use to measure economic data. What does GDP tell you?

    A.

    the value of public limited companies within a country

    B.

    the monatary value of the goods manufactured in a financial period

    C.

    the value of commodities such as steel, oil and wheat at a point in time

    D.

    average changes in price over a year

    Question # 4

    Weighted points systems can be applied to evaluate and compare potential suppliers. For which of the following factors would it be appropriate to use this method?

      Financial stability

      Supplier reliability

      Market demand

      Negotiation styles

    A.

    1 and 2 only

    B.

    2 and 3 only

    C.

    3 and 4 only

    D.

    1 and 4 only

    Question # 5

    Which of the following are considerations when evaluating quality as a criterion for supplier selection? Select TWO that apply.

    A.

    The existence of policies and initiatives toward more sustainable packaging and materials

    B.

    The existence of Total Quality Management (TQM) and a continuous improvement culture

    C.

    Certification to the management system ISO 9001

    D.

    Certification to the management system ISO 14001

    E.

    The supplier's environmental impact analysis

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