Total 175 Questions |
Updated On: Jun 03, 2025
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Free Practice CIPS L2M1 Exam Questions 2025
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Question 1
There are three sectors that all business activity fits into, which sector is concerned with extracts raw materials from the Earth? (e.g. mining coal, drilling oil, extracting metal, farming crops and fishing)
Answer: A
Question 2
Lower price does not always equate to lower cost, e.g. could be lower quality, which could result in higher costs further down the line.
Answer: A
Question 3
An individual or organisation who is the end user of the goods or services that have been produced or supplied is known as what?
Answer: B
Question 4
Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?
Answer: B
Question 5
At what stage of the tendering process would you make a recommendation and seek approval from an authorised person before awarding the contract?
Answer: A
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Total 175 Questions |
Updated On: Jun 03, 2025
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