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CIPS L3M2 Exam Dumps

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L3M2 Pack
Vendor: CIPS
Exam Code: L3M2
Exam Name: Ethical Procurement and Supply
Exam Questions: 90
Last Updated: February 27, 2026
Related Certifications: Level 3 Advanced Certificate in Procurement and Supply Operations
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Free CIPS L3M2 Exam Actual Questions

Question No. 1

The crime of obtaining money through threats or force, is called:

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Correct Answer: D

This is a definition of extortion.

The other terms shown as possible answers are within the syllabus for this course and may be the subject of other questions within this test.


Question No. 2

'Sometimes descriptions of the need are best created by a cross-XXXX team'. What does XXXX represent here?

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Correct Answer: D

Cross-functional.

That is, drawn from a number of functions, or departments, within an organisation.


Question No. 3

Lifetime costs are also known as (choose two):

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Correct Answer: C, D

Lifetime costing, TCO and whole life costing are essentially the same concept - looking at buying based on total costs over the useful life of an asset, not just the purchase price. Although this con-cept seems obvious once you know it, very many people, including senior managers as well as politi-cians, seem to be unfamiliar with the notion.


Question No. 4

'The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

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Correct Answer: B

The correct answer is 'long life'.

Lifetime doesn't really make sense in respect of the other answers offered.


Question No. 5

Where performance of the contract may be impossible because of external unforeseen factors, this may be called:

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Correct Answer: A

A force majeure clause in a contract may give rights to either party to suspend its obligations in the event of something untoward happening which is outside the control of the parties.

Examples might volcanic dust clouds, tidal waves or a pandemic. Often lesser events trigger (or are used to try to trigger) the use of such a clause.


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