L3M2 Dumps (V9.02) – Talk About CIPS Level 3 Ethical Procurement and Supply Certification Exam

1. Spot the odd one out.

2. You have invited quotations for some building maintenance work to be done at your organisational headquarters. Your sister has recently taken up a position as Head of Marketing at one of the firms which has quoted for the work.

What should you do?

3. Disclose, distance, delegate, …?

4. Where performance of the contract may be impossible because of external unforeseen factors, this may be called:

5. KPIs should be:

6. ‘Something which carries on over time, going round in repetitive circles’, is called a:

7. In the period in question, the budget for staff overtime and bonuses is zero.

The actual expenditure is 2,900.

Is this variance:

8. ‘EBI’ stands for:

9. Which of the following most closely represents 'the five rights'?

10. Which of the following is not a concept related to quality management?

11. The crime of obtaining money through threats or force, is called:

12. The axes on the Mendelow stakeholder management matrix are:

13. The abbreviation ‘SOP’ stands for:

14. A specification which focuses on the outputs of a requirement is called:

15. ‘Value engineering is a structured approach to increasing the value obtained from a product by of-fering the same level of XXXXX at a lower cost’.

What is XXXXX?

16. The Pareto Principle, broadly speaking, is also known as (choose two):

17. Select the two words which explain least well why the procurement of services can be more challenging than the procurement of physical products:

18. Giving or taking a payment of money to induce a person to act in breach of trust and do something they should not do is called:

19. A margin within which a specification can vary slightly C the outer limits of what is acceptable to the buyer C can be described as:

20. A chart of the concept of 'economies of scale' would have two axes.

Which two?

21. The Profex textbook for this subject, states that ‘specifications are said to be ‘the heart of the con-tract’. The book then goes on to state that goods supplied must be ‘fit for…’

22. You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier’s representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team.

What do you do?

23. The purpose of a specification is (select all that apply):

24. Van Weele wrote that ‘quality is the degree in which XXXX requirements are met. We speak of a quality product or quality service when supplier and XXXX agree on requirements and those requirements are met’.

25. Thinking of Carter’s 10 C’s, the ‘c’ for Commitment refers to:

26. Restricted or limited tendering is also sometimes known as:

27. ‘Efficiency is measured in terms of a quantity of …’

28. Which two of the following would be unlikely to increase value for money for an organisation?

29. ‘Expediting’ is:

30. XXXX can be defined as ‘easy and timely access to information’, according to the Profex textbook for this subject.

What is XXXX?

31. We can talk about the ‘make, do or XXXX decision’. XXXX represents:

32. A short definition of quality sometimes used (including in some UK legislation), said originally to come from Joseph Juran, is:

33. An effective specification is one that is (select all that apply):

34. Where the buyer’s and seller’s conditions of contract clash, this is commonly known as ‘the battle of the…’

35. An internet-based auction between competing sellers or suppliers in real time, is called a: