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Updated: Sep 02, 2026
No. of Questions: 198 Questions & Answers with Testing Engine
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| Certification Vendor: | CIPS |
|---|---|
| Exam Name: | Procurement and Supply in Practice |
| Exam Number: | L4M8 |
| Related Certifications: | CIPS Level 4 Diploma in Procurement and Supply |
| Certificate Validity Period: | No expiry (qualification does not expire once awarded) |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Exam Format: | Computer-based exam, Multiple choice questions, Objective test |
| Recommended Training: | CIPS Study Resources CIPS Official Learning |
| Exam Registration: | Pearson VUE CIPS Exams CIPS Qualifications Page |
| Sample Questions: | CIPS L4M8 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE test centres or authorised CIPS assessment centres (some regions may offer remote proctoring) |
| Pre Condition: | No formal prerequisite; CIPS Level 3 Diploma (or equivalent experience) is recommended |
| Official Syllabus URL: | https://www.cips.org/qualifications/diploma-level-4-procurement-and-supply/ |
| Section | Objectives |
|---|---|
| Procurement Technology and Innovation | - Digital procurement tools
|
| Risk, Ethics and Sustainability | - Ethical and sustainable procurement
|
| Procurement Process and Sourcing | - Sourcing strategies
|
| Supplier Relationships and Performance | - Performance improvement
|
| Contracting and Legal Principles | - Contract management
|
| Procurement and Supply Context | - External business environment
|
Question 1
Create a list of assets of a company with which you're familiar and divide them into standard and bespoke categorizing.
Question 2
What Incoterm applies here?
The goods are considered 'delivered' at the point of release from the supplier's premises or another name place. The supplier is not responsible for loading or transporting the goods and does not have to arrange export clearance - this must be arranged by the buyer. The risk is on the buyer from this point.
a) EXW - Ex Works
b) FCA - Free Career
c) CPT - Carriage Paid To
d) CIP - Carriage and Insurance Paid to
A. FCA - Free Career
B. EXW - Ex Works
C. CIP - Carriage and Insurance Paid to
D. CPT - Carriage Paid To
Question 3
What happens in the public sector, regarding providing feedback?
Question 4
Describe a current or recent trade war of which you are aware and explain the implication it has for world trade.
Question 5
What is depreciation and deterioration?
Solutions:
| Question 1 Answer: Only visible for members | Question 2 Answer: B | Question 3 Answer: Only visible for members | Question 4 Answer: Only visible for members | Question 5 Answer: Only visible for members |
Actual questions! I passed L4M8!
Wow, your L4M8 questions are the actual questions.
All real L4M8 questions and correct answers.
All CIPS questions are still valid.
Be careful a lot of the L4M8 questions will look the same but will be worded differently.
I passed L4M8 with high scores.
Great study guide and lots of relevant questions in the CIPS Level 4 Diploma in Procurement and Supply testing engine! I admit that I could not prepare for test without your help.
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