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L3M3 Exam Dumps - CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Questions and Answers

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Questions 4

Which of the following would not normally be included in a whole life cost calculation?

Options:

A.

Purchase price

B.

Cost of setting up the tender

C.

Defective work, which needs to be rectified.

D.

Inventory costs

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Questions 5

‘The CIPS Code of Conduct states that procurement professionals should not accept any business gifts under any circumstances.’ True or false?

Options:

A.

True

B.

False

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Questions 6

Contracts published by third party experts such as trade associations or professional bodies, widely regarded as favouring neither buyer nor seller, are called:

Options:

A.

Uni form

B.

Model form

C.

Paper form

D.

Trans form

E.

Good form

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Questions 7

‘When the supplier delivers the goods as ordered, two further documents are created.

a) The supplier’s XXX XXX, included with the goods

b) The buyer’s YYY YYY YYY’

Choose the correct replacement words.

Options:

A.

Delivery note, goods received note

B.

Purchase order, goods received note

C.

Formal quotation, terms and conditions

D.

Delivery note, service level agreement

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Selected L3M3 CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Questions Answers, L3M3 VCE Exam Download, CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M3 Book, Legit L3M3 Exam Download, CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M3 Dumps PDF,
Exam Code: L3M3
Exam Name: Contract Administration
Last Update: Nov 21, 2024
Questions: 90
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