Question 1

All procurement professionals should to be familiar with, understand and apply the CIPS Code to ensure that their work meets with the Code’s guidelines.

Options :

A : TRUE

B : FALSE

Answer: A

Question 2

What 3 elements should be included in a company’s CSR policy?

Options :

A : Environment

B :

Ethics

C : Social

D : Suppliers

Answer: A,B,C

Question 3

What is said to be the control of the flow of goods or services between two points?

Options :

A : Distribution

B : Logistics

C : Materials Management

D : The supply chain

Answer: B

Question 4

Purchases can be made under a framework agreement by the way of what?

Options :

A : A call off order

B : A tear off order

C : A pull off order

D : A push off order

Answer: A

Question 5

Lower price does not always equate to lower cost, e.g. could be lower quality, which could result in higher costs further down the line.

Options :

A : TRUE

B : FALSE

Answer: A