L5M2 Practice Questions
Managing Supply Chain Risk
Last Update 2 hours ago
Total Questions : 120
Dive into our fully updated and stable L5M2 practice test platform, featuring all the latest CIPS Level 5 Advanced Diploma in Procurement and Supply exam questions added this week. Our preparation tool is more than just a CIPS study aid; it's a strategic advantage.
Our free CIPS Level 5 Advanced Diploma in Procurement and Supply practice questions crafted to reflect the domains and difficulty of the actual exam. The detailed rationales explain the 'why' behind each answer, reinforcing key concepts about L5M2. Use this test to pinpoint which areas you need to focus your study on.
Which of the following legal principles means that a person can only claim the value of a loss once, regardless of if they have multiple insurance policies?
Which of the following are factors which can lead to a supplier becoming insolvent? Select THREE
A large multi-national corporation has just been awarded a credit rating of C by the three main credit rating agencies. What does this score signify?
Maple Tree Limited is a Canadian company who has recently signed a new contract with a supplier who is based in China. Maple Tree Limited will be buying a raw material with a reputation for severe price fluctuations. Which of the following would help mitigate the risk that this poses? Select TWO options
Chloe is a procurement manager at Ruby Company. She has been asked to join a cross-functional team to review the company's risk appetite, potential risks within the supply chain and brainstorm mitigating actions. Chloe has suggested that the cross-functional team should first draw up a list of potential supply chain risks and potential strategies to overcome the risks. Is Chloe correct?
According to Kid Sadgrove, fraud can take place when four pre-conditions exist. Which of the following is not one of those pre-conditions?
