Explore Free CIPS L4M5 Practice Questions for Exam Mastery

Get a glimpse of the real L4M5 certification exam challenges with our free CIPS L4M5 practice test questions.

Question 1

Ma Bell was the sole provider of landline telephone service to most of the US in 1980s. This is an example of...?

Correct Answer: 1

B

Question 2

Which of the following should be the final step of a negotiation process if both parties cannot reach an agreement?

Correct Answer: 2

A

Question 3

In which of the following costing methods, overhead costs are applied in proportion to production volume?

Correct Answer: 3

A

Question 4

Understanding supplier's mark-up and margin can provide procurement professional a comprehensive insight into supplier's net profits. Is this statement true?

Correct Answer: 4

B

Question 5

All of the following shift the supply of watches to the right except...?

Correct Answer: 5

C

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