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CIPS L3M1 Exam With Confidence Using Practice Dumps

Exam Code:
L3M1
Exam Name:
Procurement and Supply Environments
Vendor:
Questions:
90
Last Updated:
Apr 3, 2025
Exam Status:
Stable
CIPS L3M1

L3M1: CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Exam 2025 Study Guide Pdf and Test Engine

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Procurement and Supply Environments Questions and Answers

Question 1

'Shareholders are an example of stakeholders'. True or false?

Options:

A.

True

B.

False

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Question 2

Monetary policy deals with:

Options:

A.

Government decisions and actions regarding exchange rates and unemployment in the economy

B.

Government decisions and actions regarding the size of banknotes and coins in the economy

C.

Government decisions and actions regarding the level of interest rates and supply of money in the economy

D.

Government decisions and actions regarding the balance between taxation revenue and public expenditure

Question 3

'Price' and 'payment terms' are the same thing.

True or false?

Options:

A.

False

B.

True