CIPS Level 5 Advanced Diploma in Procurement and Supply Core Exam (L5M5) – Real L5M5 Exam Dumps

1. The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?

2. Which of the following form the 'Triple Bottom Line'? Select THREE

3. Which organisation is responsible for the creation of the 2030 Sustainable Development Agenda?

4. Which of the following are benefits to sustainable business practices? Select TWO

5. Ruben is a new Procurement Manager at XYZ Company. He has been charged with buying a new piece of machinery for a factory. Having looked at several options, and considered sustainability, he has opted to buy the more expensive piece of machinery.

In terms of sustainability, why might he have made this choice?

6. The use of child labour can affect which parties in the supply chain? Select TWO

7. Under the Equalities Act 2010 which of the following is not a protected characteristic?

8. Which of the following tools allows you to asses internal factors or drivers?

9. There are many different drivers of globalisation.

Which of the following would be considered a cost driver?

10. Which of the following could be considered a competitive advantage for a company?

11. What is the purpose of an IPO (International Procurement Organisation)?

12. Jan is a procurement manager and is exploring the option of Low Cost Country Sourcing.

Which of these is a legitimate motive for this?

13. Labour standards facilitate international trade and there are international regulations to secure this. Is this statement TRUE?

14. An international trade dispute would be resolved by which organisation?

15. The main aim of the ILO is to promote rights at work and improve social protection. Is this TRUE?

16. Ben is the CEO of a medium sized company based in the UK with an annual turnover of £20million. He has a small supply chain that comprises of suppliers based in the UK and China.

Must Ben produce an Anti-Slavery Statement for his business?

17. People in the UK earn entitlements to Social Security through the payment of National Insurance. Under what circumstances are people provided payment? Select THREE

18. Banks, Investors and Consumers form which type of stakeholder?

19. Supply Chain Operations Reference (SCOR) is model of supply chain mapping used by many procurement professionals.

Which of the following are advantages of SCOR? Select TWO

20. Santino is a procurement manager at ABC Ltd. He manages a contract with a supplier. The relationship is characterised by both companies seeking advantages at the expense of the other.

What type of relationships does Santino have with his supplier?

21. Samir is the Project Manager of a large construction project. Due to the complexity of the build, the main contractor has employed further specialist companies to provide electrical wiring and fire doors.

What is the disadvantage of using subcontractors for this work?

22. Which of the following are tools that a company can use to improve sustainability across the supply chain? Select THREE

23. Nicolas is the Head of Procurement at Penny Dolittle Manufacturing Company. He is introducing a sustainability agenda to the company's procurement strategy.

Nicolas believes that an advantage of doing this is that it will drive innovation. Is he correct?

24. The JCT Contract is used most commonly by which industry?

25. Which of the following is not considered to be an alternative form of dispute resolution?

26. ABC Construction is in a contract with DEF Developers to deliver the construction of 40 new houses on a new housing estate. There is a 'Payment is of the Essence clause' in the contract. They are halfway through the project and DEF Developers have failed to pay ABC Construction for the work already completed. ABC Construction have downed tools and walked off site.

Are they able to do this?

27. Ruby is a Contracts Manager at ACE Ltd and manages a contract with Spades Ltd which provides raw materials to ACE. She has found a serious issue in Spade's conduct.

Which TWO documents should Ruby complete?

28. Which of the following statements is TRUE about the adjudication form of dispute resolution? Select TWO

29. During the transition period at the end of a contract, which of the following is usually the most difficult or complicated to organise?

30. Freedom of association is a protected right under the ILO convention.

What does this allow workers to do?

31. Charlie is 13 years old and sometimes helps his parents in the corner shop that they run. He helps out stocking shelves at weekends. Charlie attends school and completes his homework during weekdays. Is this an example of Child Labour?

32. Which of the following statements about the ILO (International Labour Organisation) is incorrect?

33. the WTO (World Trade Organisation) has several functions.

Which of the following is not a function of the WTO?

34. The Global Compact Principles of the UN are legally binding for the member states who have signed up. Is this TRUE?

35. What forms of organisation form the Ethical Trading Initiative? Select THREE

36. Which of the following are principles of the Wine and Agricultural Ethical Trade Association (WIETA)? Select THREE

37. SA8000 measures an organisation's social accountability.

Which of the following is a disadvantage to this?

38. The MNE (Multi-National Enterprise) Declaration is designed to promote the ability of multi-national organisations to operate in an ethical and sustainable manner.

Which of the following would be prioritised by the Declaration? Select TWO

39. Which of the following is a disadvantage to the ISO14001 standard?

40. Vincent is a Procurement Manager based at a manufacturing organisation in France. His company are considering signing up to the EU's EMAS system (Eco-Management and Audit Scheme).

Which of the following are advantages of doing this? Select THREE