CIPS L4M4 Practice Exams
Last updated on Oct 22,2026- Exam Code: L4M4
- Exam Name: Ethical and Responsible Sourcing
- Certification Provider: CIPS
- Latest update: Oct 22,2026
In the Public Sector, what is the evaluation criteria most often used when evaluating bids from suppliers?
- A . Most Economically Advantageous Tender
- B . Best Value for Money
- C . Cheapest Overall Tender
- D . Best Business Fit
A buyer for a large manufacturing organisation is assessing a sole supplier tender opportunity. The buyer is finding it challenging to differentiate the proposals on unit purchase price.
Are there any added values that the procurement manager can use to leverage the sole supplier proposal?
- A . Yes, but only if the buyer decides to re-start the tender opportunity
- B . No, the buyer must make the decision based on the existing information
- C . No, because a buyer has no leverage over a sole supplier
- D . Yes, the buyer can negotiate on aspects such as after-sales service
Liquidity is a solvency measure which determines whether an organisation is able to pay its debt.
Which of the following would you use to assess a supplier’s liquidity? Select TWO.
- A . current assets
- B . current liabilities
- C . long-term debt
- D . shareholder’s equity
Curly Cake Incorporated makes lots of different types of confectionary items. Although they are most famous for their cakes, they also have a smaller line of cereal bars and biscuits.
Which of the following would be the most appropriate items for Curly Cake Incorporated to outsource? Select TWO
- A . cakes
- B . cereal bars and biscuits
- C . cleaning
- D . facilities management
Curly Cake Incorporated makes lots of different types of confectionary items. Although they are most famous for their cakes, they also have a smaller line of cereal bars and biscuits.
Which of the following would be the most appropriate items for Curly Cake Incorporated to outsource? Select TWO
- A . cakes
- B . cereal bars and biscuits
- C . cleaning
- D . facilities management
What best describes the term "supply chain transparency"?
- A . Disclosure of financial records to stakeholders
- B . Visibility of all stages of the supply chain to stakeholders
- C . A method of pricing products transparently
- D . Reporting corporate social responsibility activities annually
The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers.
What is a disadvantage of using a weighted point system?
- A . it allows transparency
- B . it is time-consuming to create
- C . it is easy to manipulate
- D . it is hard to be objective
The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers.
What is a disadvantage of using a weighted point system?
- A . it allows transparency
- B . it is time-consuming to create
- C . it is easy to manipulate
- D . it is hard to be objective
The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers.
What is a disadvantage of using a weighted point system?
- A . it allows transparency
- B . it is time-consuming to create
- C . it is easy to manipulate
- D . it is hard to be objective
‘Phishing’ is an activity that can occur when an employee within an organisation receives an email that appears to be from a genuine supplier but is false. These types of emails expose the organisation to the activities of expert cyber criminals.
Which type of crime category does this activity fall within?
- A . Bribery
- B . Human rights
- C . Corruption
- D . Fraud