NO.13 Raja is a procurement manager who is keen to gain further insight into the current marketplace and whether local suppliers are capable to provide a service he is looking to procure. He wishes to test the market before he begins a formal tender process. What should Raja do?

NO.14 Which of the following would you use to work out a company’s gearing ratio? Select TWO.
0current liabilities

NO.15 Which of the following are examples of secondary data? Select TWO

NO.16 Which of the following financial ratios would indicate a supplier’s potential exposure risk to a steeprise in inflation?

NO.17 Single sourcing is only used by buyers where the total requirement is too small to justify splitting orders among more suppliers. Is this statement correct?

NO.18 GDP is an economic index that a procurement professional can use to measure economic data. What does GDP tell you?

NO.19 Which award criteria can be applied when sourcing requirements from external suppliers?

NO.20 Rules regulating the type of goods and the volume that can be imported into a country or trade block are commonly known as what?

NO.21 A company has a low gearing of 20%. This shows that the company relies on equity capital and should therefore have less difficulty coping during tough economic times. Is this statement TRUE?

NO.22 Which of the following is true for CIPS members who sign and comply with the CIPS Code of Conduct?
Members can …
* gain an understanding of ethical and successful business operations
* acquire automatic entitlement to government sponsorship
* enjoy continued CIPS membership and access to resources
* bypass the need to comply with other voluntary or legal codes

NO.23 Scott is a procurement manager who is evaluating a bid from a supplier to provide a new IT system to his office that will be used by 100 employees. He is considering the total life-cycle costs. Which of the following should Scott consider? Select THREE

NO.24 When assessing the financial performance of a potential supplier, it is important to understand how much gross profit they are making. The gross profit margin ratio uses which of the following pieces of information from the profit and loss (statement of financial performance)? Select TWO that apply.

NO.25 Robert is appraising suppliers and is keen to evaluate suppliers’ contribution to the community and the environment. Which of the following should Robert look at?

NO.26 Why would you use a credit score to appraise a supplier?

NO.27 What mechanism helps buying organisations achieve a best value outcome in a tender exercise?

NO.28 Tracey Collum is a procurement professional and married to Nick Collum.
Tracey has been leading a tender for a new radar system, where four suppliers have submitted their bids.
After the bids were received, Nick joined one of the suppliers (Supplier X) as the project director for radar systems.
Nick has asked Tracey to award the contract to Supplier X. What should Tracey do?

NO.29 Which of the following financial ratios would indicate a supplier’s potential exposure risk to a steep rise in inflation?

NO.30 What are the risks of outsourcing?
* Loss of control of project
* Loss of assets
* Loss of future business opportunities
* Loss of private information

NO.31 Which of the following are primary sources of data? Select TWO.

NO.32 An organisation is keep to include Social Outcomes in it’s assessment for Value for Money for a new tender.
Which of the following should be considered?

NO.33 Greg is doing some research on a potential supplier and is concerned that the supplier’s funding is based on long-term debts and loans. Working with this supplier therefore might bring additional risks to Greg’s business. What should Greg do about his concerns?

NO.34 A company has actively included supporting of disadvantaged groups within their ESG commitment. Which of the following groups are considered disadvantaged?

NO.35 The Freedom of Information Act is a piece of UK legislation which allows members of the public to request information on issues such as public sector sourcing. When a request is made, it is compulsory for the public sector to provide this information to the public. Is this statement true?

NO.36 A buyer in the public sector has put an advert out asking for interested suppliers to express an interest in a potential tender activity to provide a facilities management contract to a hospital trust. The suppliers who have met that criteria are then sent a document detailing how they should submit their tender, how to price the opportunity, asksQuestionsrelating to how they will deliver the service and gives a deadline for bids to be submitted. Which document have the suppliers ben sent?

NO.37 Pierre is constructing a tender for a security contract. As well as cost, he would like to ask the security companies some questions about their health and safety processes and staff qualifications. He has created several questions and weighted these so that they add up to 25. is this the correct thing to do?