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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. What is needed for a contract to be binding?

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

3. What happens in the public sector, regarding providing feedback?

4. Why is it important to have adequate procedures in place within an organization in relation to bribery?

5. What is the method of monitoring suppliers?

Solutions: