Practice L2M4 Exam Online

Question 1

Buyers can compare several products and services on an e-marketplace without the need for a formal procurement or sourcing process

A : TRUE

B : FALSE

Answer: A

Question 2

E-procurement systems can be used for which of the following? Select all that apply

A : Catalogue management – so buyers can review suppliers’ offers

B : Contract management – holds details of contract performance

C : Purchasing – raising and sending purchase orders to suppliers

D : Requisitioning – routed from user to correct procurement professional or authoriser

Answer: A,C,D

Question 3

An e-requisition cannot be made by selecting an item from the e-catalogue

A : TRUE

B : FALSE

Answer: B

Question 4

What can analysing historical data can reveal? Select all that apply

A : How frequently it purchased, and the volumes it purchased

B : If more than one part of the organisation purchased an item

C : What an organisation has purchased in the past

D : All of the above

Answer: D

Question 5

Each organisation needs to balance the cost of quality and the impact that defects in a product or service can have on their reputation.

A : TRUE

B : FALSE

Answer: A

Name:	CORE Level 2 Systems Technology
Exam Code:	L2M4
Certification:	Level 2 Certificate in Procurement and Supply Operations
Vendor:	CIPS
Total Questions:	102
Last Updated:	Apr 23, 2024

CIPS L2M4