Practice L2M4 Exam Online

Question 1

In a _________ suppliers are asked to give a price for a requirement, although they can consider other options in addition to price.

A : ITT

B : RFQ

Answer: B

Question 2

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

A : TRUE

B : FALSE

Answer: B

Question 3

Which of the following are correct for an extranet? Select all that apply

A : Can provide information to suppliers about the sourcing process

B :

Suppliers and customers can access an e-sourcing system by registering their details in the portal

C : Used to locate and connect with suppliers or customers

D : All of the above

Answer: D

Question 4

Purchase order details can be used to analyse spend

A : TRUE

B : FALSE

Answer: A

Question 5

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

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:	May 14, 2024

CIPS L2M4