CIPS L2M1

Page:    1 / 35   
Total 175 questions | Updated On: May 15, 2024
Question 1

There are 2 types of specifications, what are they?

Answer: C
Question 2

Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?

Answer: B
Question 3

What type of purchase would you be making for things that are of value to a business, such as machinery or buildings? They are assets to a business, and their value depreciates over time.

Answer: A
Question 4

What does the term OEM stand for?

Answer: D
Question 5

What is said to be the control of the flow of goods or services between two points?

Answer: B
Page:    1 / 35   
Total 175 questions | Updated On: May 15, 2024

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Name: CORE Level 2 Introducing Procurement and Supply
Exam Code: L2M1
Certification: Level 2 Certificate in Procurement and Supply Operations
Vendor: CIPS
Total Questions: 175
Last Updated: May 15, 2024
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