CIPS CIPS Level 4 Diploma in Procurement and Supply L4M8

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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Which Incoterm applies here?
The supplier is responsible for delivering the goods to a point alongside a water vessel (such as a dock or quay) as determined by the buyer at a named port. Once delivered, all risk is transferred to the buyer until the goods are transported and delivered to their name destination.

A) DDP - Delivery Duty Paid
B) DAP - Delivered At Place
C) DAT - Delivered At Terminal
D) FAS - Free Alongside Ship

2. What is business case?

3. Use the balance sheet below to work out the correct ratio for coffee Time and explain whether the company appears to have enough assets to cover it liability.

4. Write all of factors that contribute towards value for a product that you regularly purchase.

5. What is the retention of title clause also known as?

Solutions: