CIPS L5M3 Exam Questions - Navigate Your Path to Success

The CIPS Managing Contractual Risk (L5M3) exam is a good choice and if the candidate manages to pass CIPS Managing Contractual Risk exam, he/she will earn CIPS Level 5 Advanced Diploma in Procurement and Supply Certification. Below are some essential facts for CIPS L5M3 exam candidates:

TrendyCerts offers 120 Questions that are based on actual CIPS L5M3 syllabus.
Our CIPS L5M3 Exam Practice Questions were last updated on: Feb 28, 2025

Sample Questions for CIPS L5M3 Exam Preparation

Question 1

Which of the following are advantages to seeking a solution to conflict via litigation?

Athe process provides certainty that an outcome will be reached

BThere is no confidentiality

CThe decision can be made by someone who isn't an expert in their field.

DThe process is quick and cost-effective

Correct : A

The correct answer is 1 'the process provides certainty that an outcome will be reached'. Options 2 and 3 are true statements but they are not advantages of litigation, they are disadvantages. Option 4 is false - litigation is a long and costly process. See p. 85 for more information on litigation

Options Selected by Other Users:

Question 2

Sam is a factory manager and has purchased a new fixed asset on a loan purchase agreement. There is a forbearance agreement between the Factory and the provider. What does this mean?

Athe lender agrees to give the breaching party a period of time as an extension by which to meet their obligations

Bthe lender requires the buyer to assign a guarantor in case they cannot make payments

Cthe lender is able to demand full payment of outstanding balances in case of none pay-ment

Dthe lender is able to charge interest on the purchase in line with RPI

Correct : A

1 is the correct answer. This is a direct quote from p. 104 of the study guide.