CIPS L4M4 Exam Questions - Navigate Your Path to Success

The CIPS Ethical and Responsible Sourcing (L4M4) exam is a good choice and if the candidate manages to pass CIPS Ethical and Responsible Sourcing exam, he/she will earn CIPS Level 4 Diploma in Procurement and Supply Certification. Below are some essential facts for CIPS L4M4 exam candidates:

TrendyCerts offers 180 Questions that are based on actual CIPS L4M4 syllabus.
Our CIPS L4M4 Exam Practice Questions were last updated on: Feb 28, 2025

Sample Questions for CIPS L4M4 Exam Preparation

Question 1

A Bill of Exchange is an important document used when importing goods into a country from abroad. What is the purpose of this document?

Adetails who is responsible for the insurance of the goods during transit

Bspecifies the country of origin of the goods

Cexplains which tariffs apply to the goods

Ddetails payment instructions

Correct : D

A Bill of Exchange is a payment instruction - it says who will pay whom and when.

Bill of Exchange Definition: Examples and How It Works (investopedia.com)

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Question 2

Which of the following incoterms has the lowest risk to the buyer?

Aexworks

Bdelivered duty paid

Ccarriage and insurance paid to

Dfree on board

Correct : B

The lowest risk to the buyer is 'delivered duty paid'. This is because the supplier does all the work transporting the items to the buyer's premises. Incoterms_2020_chart | Intersped