Free CIPS L5M6 Practice Test & Real Exam Questions
In which section of a balance sheet would you find the term "goodwill"?
Correct Answer: A
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James works for an online retailer and has recently completed a Pareto analysis of customer complaints. He found that the top two issues were website errors and incorrect product codes. However, he is aware there are weaknesses in Pareto analysis. Which of the following are true? Select TWO.
Correct Answer: B,D
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In A.T. Kearney's 7 Step Model of Strategic Sourcing, which of the following should be done first?
Correct Answer: B
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In mitigating risks within the supply chain, which two factors should be assessed when evaluating potential risks?
Correct Answer: A,B
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Analytics data can be used in Category Management forecasting. Which of the following would be a form of Analytics Data?
Correct Answer: D
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Which of the following are potential consequences for an organisation which fails to identify and address risk? Select TWO.
Correct Answer: B,D
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Teddy Ltd has created a virtual cross-functional procurement team across divisions. What could become a barrier to success?
Correct Answer: C
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What is contract leakage?
Correct Answer: C
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In Category Management, which is the best way to group materials and/or services?
Correct Answer: A
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ABC Ltd wishes to ensure compliance across its supply chain.
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Which of the following are steps that can be taken to ensure compliance with regulations and standards including CSR?
Correct Answer: B,C
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