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L5M2 Exam Dumps - CIPS Level 5 Advanced Diploma in Procurement and Supply Questions and Answers

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Questions 4

The USA Foreign Corrupt Practices Act (FCPA) is further reaching than the UK's Bribery Act 2010. Is this statement true?

Options:

A.

yes- the FCPA covers 'private bribes' and the Bribery Act does not

B.

yes- the FCPA exempts facilitation payments

C.

No- the Bribery Act extends to third parties and the FCPA does not

D.

No- the Bribery Act doesn't account for facilitation payments

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Questions 5

Dave is a procurement manager for a chocolate factory who is running a tender to source cocoa from a new supplier. The tender is a huge opportunity for suppliers and the contract would be worth millions of pounds. Dave has passed some information about the tender to one of the bidders in exchange for a free holiday to Barbados. Which of the following types of fraud has Dave committed?

Options:

A.

holiday fraud

B.

accepting a kick-back

C.

counterfeiting

D.

bribery

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Questions 6

Which of the following is an internal risk for a company?

Options:

A.

supplier's factory burns down

B.

exchange rate fluctuations

C.

government policy changes

D.

lack of available personnel

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Questions 7

Which of the following will you put into box 5?

Options:

A.

audit

B.

monitor

C.

insurance

D.

dual sourcing

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Exam Code: L5M2
Exam Name: Managing Supply Chain Risk
Last Update: Dec 22, 2024
Questions: 120
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