CIPS L3M2 practice materials Questions Answers

Exam Code:
L3M2
Exam Name:
Ethical Procurement and Supply Exam
Last Update:
Jun 01,2026

90 Questions Answers Verified by Experts!


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CIPS L3M2 Questions for Level 3 Advanced Certificate in Procurement and Supply Operations Certification Exam 2026

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Page: 1 / 18
Total Questions: 90

Questions & Answers PDF

• Question 1

  

  Thinking of Carter’s 10 C’s, the ‘c’ for Commitment refers to:

  • Delivery
  • Profit
  • Quality
  • Customer

  Reveal Answer Answer: C Next Question

• Question 2

  

  The Pareto Principle, broadly speaking, is also known as (choose two):

  • ABC Analysis
  • The Rule of Three
  • The 80-20 Rule
  • Value Analysis

  Reveal Answer Answer: A, ,C Next Question

• Question 3

  

  Where performance of the contract may be impossible because of external unforeseen factors, this may be called:

  • Force majeure
  • Force supérieure
  • Force ouvrière
  • Mutatis mutandis

  Reveal Answer Answer: A Next Question

• Question 4

  

  ‘Sometimes descriptions of the need are best created by a cross-XXXX team’. What does XXXX represent here?

  • Funicular
  • Regional
  • Industrial
  • Functional

  Reveal Answer Answer: D Next Question

• Question 5

  

  Finding new potential suppliers using the internet might be known as:

  • e-sourcing
  • e-scouring
  • e-souring
  • e-auction

  Reveal Answer Answer: A Next Question

• Question 6

  

  ‘Reputation gained through proficiency, ability or achievement’ (as used in the CIPS Code of Con- duct)

  • Statute
  • Status
  • Stature
  • Statue

  Reveal Answer Answer: C Next Question

• Question 7

  

  Which of the following are likely to encourage sound ethical practices within a procurement department?

  • Annual audits
  • After-hours socialising to develop better relationships with suppliers
  • Generous levels of workplace training
  • Encouraging membership of CIPS for all staff
  • Modest salaries

  Reveal Answer Answer: A, ,C, ,D Next Question

• Question 8

  

  We can talk about the ‘make, do or XXXX decision’. XXXX represents:

  • Buy
  • Procure
  • Lease
  • Build

  Reveal Answer Answer: D Next Question

• Question 9

  

  A common term to describe an approach to settling contractual disagreements:

  • Alternative dispute resumption
  • Alternative dispute discussion
  • Alternative hypothesis
  • Alternative dispute resolution

  Reveal Answer Answer: D Next Question

• Question 10

  

  You have recently moved into the procurement department at your company, having earlier worked in the finance area in the same company for five years. You have decided to set up home with your partner, and you will need additional money to buy furniture, furnishings, etc. A friend has offered you extra part-time work at weekends, helping serve meals in their small family restaurant. Do you:

  • Decline the work on the basis that there is a potential conflict of interest (you may not work so effectively without weekend time off to relax)?
  • Accept the extra work, and let your employer know?
  • Advise your friend you’ll consult your employer, and let your friend know as soon as possible?
  • Accept the extra work, and say nothing to your employer?

  Reveal Answer Answer: C Next Question

Page: 1 / 18
Total Questions: 90

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