Explore Free CIPS Level 4 Diploma in Procurement and Supply L4M4 Practice Questions for Exam Mastery

Get a glimpse of the real L4M4 certification exam challenges with our free CIPS L4M4 practice test questions.

Question 1

For what type of purchase would you use a Futures Exchange?

Correct Answer: 1

C

Question 2

Why would you use a credit score to appraise a supplier?

Correct Answer: 2

A

Question 3

In which type of market would you be most likely to find a 'perfect competition'?

Correct Answer: 3

B

Question 4

Commodities can be traded on a stock exchange and are generally divided into one of four categories. Which of the following is not one of these four categories?

Correct Answer: 4

D

Question 5

Which of the following are examples of secondary data? Select TWO

Correct Answer: 5

A, E

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