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CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M2 Syllabus Exam Questions Answers

Page: 5 / 7
Total 90 questions

Ethical Procurement and Supply Questions and Answers

Question 17

‘I’m not really well up on ethics within organisations, especially within procurement. Where can I find some really good quality up-to-date information about ethics?’ Choose one.

Options:

A.

CIPS website

B.

A recently-elected local politician

C.

A good second-hand bookshop

D.

Anni, who retired from our organisation’s social media department four years ago

Question 18

Imagine that the Chief Executive of a UK bank attempted to learn the name of a whistleblower within the bank - the whistleblower had earlier reported wrongdoing within the bank to the state banking authorities anonymously. Trying to find the name of the whistleblower was a breach of the organisation’s internal protocol which guaranteed anonymity to whistleblowers. Imagine the regula-tory authorities in both the UK and the US took action as a result. What is the most likely action which would be taken by the authorities?

Options:

A.

The bank was fined a substantial sum

B.

No further action - nothing happened

C.

The bank was closed down

D.

The Chief Executive was imprisoned

Question 19

The act of secretly and illegally stealing funds which have been placed in the individual’s trust, or money belonging to a person’s employer:

Options:

A.

Fraud

B.

Extortion

C.

Bribery

D.

Embezzlement

Question 20

You work as a buyer for a large international corporation. You are currently involved in managing a high-value tender, and one of the potential bidders offers to take you to a horse-racing event, with all expenses paid. The offer is for you alone; not for colleagues in your organisation. What do you do?

Options:

A.

Decline

B.

Accept

Page: 5 / 7
Total 90 questions