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?
Exam style questions across every L5M2 domain
Last Update 4 days ago
Total Questions : 120
Start with our free L5M2 practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real CIPS Level 5 Advanced Diploma in Procurement and Supply exam. Each L5M2 exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your CIPS weak domains, see where you're losing marks, and build a focused study plan in minutes.
