Total 90 Questions |
Updated On: Apr 22, 2025
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Free Practice CIPS L3M3 Exam Questions 2025
Stay ahead with 100% Free Contract Administration (L3M3) L3M3 Dumps Practice Questions
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Question 1
A justification of an action (expenditure) that is to be taken by an organisation.
Answer: A
Question 2
A concise structured document showing all risks for a contract / unit / organisation, including details of nature of risk, risk owner, anticipated impact, possible responses, etc
Answer: A
Question 3
Revenue-earning possibilities which are foregone as a result of implementing a plan; the cost of not doing something else.
Answer: D
Question 4
Revenue-earning possibilities which are foregone as a result of implementing a plan; the cost of not doing something else.
Answer: D
Question 5
Contracts published by third party experts such as trade associations or professional bodies, widely regarded as favouring neither buyer nor seller, are called:
Answer: E
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Total 90 Questions |
Updated On: Apr 22, 2025
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