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L4M4 dumps questions answers

CIPS L4M4 Dumps

Exam Code:
L4M4
Exam Name:
Ethical and Responsible Sourcing
Last Update: Apr 26, 2024
120 Questions with Explanation
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Ethical and Responsible Sourcing Questions and Answers

Questions 1

Phishing is a type of fraud that is commonly associated with which industry?

Options:

A.

Agriculture

B.

Mining

C.

IT

D.

Construction

Questions 2

Which of the following is a regulatory body which protects the rights of workers?

Options:

A.

ISO

B.

ILO

C.

FairTrade

D.

WWF

Questions 3

A procurement manager who works in the public sector has received 8 submissions to a tender op-port unity that was advertised on OJEU. The average price submission for the contract was £1m but one supplier has submitted a price of £200,000, which the procurement manager has identified as being 'an abnormally low tender'. What should be the procurement manager's course of action?

Options:

A.

automatically dismiss the low bid

B.

award the contract to the low bid as this represents better value for money

C.

investigate the low bid

D.

award the bid a 0 for price