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:

Question #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

Question #2
What is business case?

Question #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.

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

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

Solutions: