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CIPS L4M8 Exam Syllabus Topics:

CIPS Procurement and Supply in Practice Sample Questions:

1. Which Incoterm applies here?
The supplier is responsible for delivering the goods to the buyer's premises include arranging any custom clearances that applies, bearing all risk up until this point.

A) DAT - Delivered At Terminal
B) DAP - Delivered At Place
C) DDP - Delivery Duty Paid
D) FAS - Free Alongside Ship

2. What are the four methods that can be used to try to resolve dispute?

3. Describe a situation where amendment or an addendum would need to be created

4. Describe five types of contract terms that a procurement professional should create with a supplier when forming an agreement.

5. When should whole life asset management be applied?

Solutions: