Online Access Free L5M2 Practice Test

Which of the following will you put into box 5?

• A.Force Majeure
• B.Standardise Payment Terms
• C.Quote in Buyer's Currency
• D.CSR Policy

Dave is a procurement manager for a chocolate factory who is running a tender to source cocoa from a new supplier. The tender is a huge opportunity for suppliers and the contract would be worth millions of pounds.
Dave has passed some information about the tender to one of the bidders in exchange for a free holiday to Barbados. Which of the following types of fraud has Dave committed?

• A.accepting a kick-back
• B.holiday fraud
• C.bribery
• D.counterfeiting

Which of the following FIDIC Contracts would be suitable for a contract for offshore wind projects?

• A.Minor Works Contract
• B.Yellow Book Contract
• C.Measured Term Contract
• D.Construction Contract

Logistics Risks are caused by...

• A.economic instability
• B.heightened ethical standards
• C.extended supply chains
• D.customer expectations

Which of the following statements is true about ISO9001? Select TWO.

• A.it aims to ensure sustainability within the supply chain
• B.It complements ISO 20400
• C.it helps businesses to identify areas of potential risk and mitigate these accordingly
• D.it is based on the principle of continuous improvement
• E.it encourages businesses to see quality from the viewpoint of the customer