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  1. Home
  2. CIPS Certification
  3. L4M4 Exam
  4. CIPS.L4M4.v2024-06-24.q43 Dumps
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Question 1

Polygon Incorporated is a new company in the mining industry, which often gets bad press due to issues of sustainability. Which of the following should Polygon Incorporated consider when developing sustainable business practices?

Correct Answer: A
The three pillars of sustainability are profit, people and planet. This may also be referred to as social, economic and environmental.
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Question 2

Which of the following incoterms has the lowest risk to the buyer?

Correct Answer: B
The lowest risk to the buyer is 'delivered duty paid'. This is because the supplier does all the work transporting the items to the buyer's premises. Incoterms_2020_chart | Intersped
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Question 3

Which of the following would you use to determine the outcome of a competitive tender? Select TWO.

Correct Answer: D,E
Price and Quality are the two considerations when marking a competitive tender.
Location, distribution and reputation may be considered for SOME tenders, but these would be sub-categories that fall under 'quality questions.
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Question 4

When sourcing an item of strategic importance and high value in the public sector, is it important to advertise this publicly?

Correct Answer: C
The correct answer is 'yes- the public sector should advertise as a call for competition'. They do this in the Official Journal of the European Union (OJEU). Public Sector has to be transparent about everything and treat all suppliers equally. So they can't just approach the ones they like.
In the study guide it says OIEU and this is a typo. It's OJEU.
What is The OJEU in 2 minutes or less (trackerintelligence.com)
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Question 5

Which of the following would you use to work out a company's gearing ratio? Select TWO.
0current liabilities

Correct Answer: B,C
Gearing measures how much of an organisation's long-term funding is made up of long term debt and loans.
Therefore the correct answers are 'shareholder equity' and 'long term debt'.
There are many question about financial ratios that can come up on the exam. If you're unsure on them I suggest doing further reading outside of the study guide as this will help. I like this youtube video (I'm not associated with the makers of this video but think they're really good at explaining things to beginners) Gearing Ratio explained (youtube.com)
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