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Last Updated: Aug 16, 2026
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CIPS L4M8 Practice Q&A's
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CIPS L4M8 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Sourcing Process & Supplier Management | 25% | - Stages of strategic sourcing
|
| Topic 2: Ethics, Responsibility & Compliance | 25% | - Ethical and responsible sourcing application
|
| Topic 3: Application of Procurement Cycle | 25% | - Key stages of procurement cycle in practice
|
| Topic 4: Whole Life Asset & Cost Management | 25% | - Total cost of ownership concept
|
CIPS Procurement and Supply in Practice Sample Questions:
1. What are the two types of damage clauses that can be created within a contract?
2. Explain with examples three differences between offers and invitation to treat.
3. Describe three ways that hidden cost could present themselves within the logistics operation
4. What is the method of monitoring suppliers?
5. What Incoterm applies here?
The supplier is responsible of placing the goods in the hands of a chosen carrier by the buyer, at which point the buyer takes on the risk.
A) CPT - Carriage Paid To
B) FCA - Free Career
C) EXW - Ex Works
D) CIP - Carriage and Insurance Paid to
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: B |
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