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Sharpen Your Knowledge with CIPS (L4M3) Certification Sample Questions
CertsTime has provided you with a sample question set to elevate your knowledge about the CIPS Commercial Contracting exam. With these updated sample questions, you can become quite familiar with the difficulty level and format of the real L4M3 certification test. Try our sample CIPS Commercial Contracting certification practice exam to get a feel for the real exam environment. Our sample practice exam gives you a sense of reality and an idea of the questions on the actual CIPS Level 4 Diploma in Procurement and Supply certification exam.
Our sample questions are similar to the Real CIPS L4M3 exam questions. The premium CIPS Commercial Contracting certification practice exam gives you a golden opportunity to evaluate and strengthen your preparation with real-time scenario-based questions. Plus, by practicing real-time scenario-based questions, you will run into a variety of challenges that will push you to enhance your knowledge and skills.
CIPS L4M3 Sample Questions:
According to mailbox rule in some common law countries, at which point the offeree's acceptance will be effective?
The cost in cost reimbursable contract is...?
Since services are intangible, so KPIs for services must be qualitative in all circumstances. Is this statement correct?
Which of the following are typically included in an SLA? Select TWO that apply:
Cleveland Insurance (Cleveland) offers a range of insurance services. The main software used in the call centre is a customer relationship management (CRM) system. Cleveland perceived an urgent need to replace the existing CRM system to deal with the increasing number of customers and services.
Urgent Digital Ltd (Digital) is one of the bidders of Cleveland's ITT. Its bid team is led by Hank Irvine, its technical director. Hank realises that winning the Cleveland contract (valued at approximately 50M) will enhance his career. During discussions with Cleveland, Hank offers certain assurances regarding timescales for the project. He has not carried out any investigations into the viability of the timescales. Hank has little idea whether the timescales can be met.
Cleveland decides that Digital's bid meets with its requirements, especially given the assurances in timescale offered by Hank, and decides to proceed with it, subject to a formal contract. Eventually, a formal contract is signed by both parties. The initial assurances given by Hank about the timing of the project are never going to be achieved and are at best grossly exaggerated.
Hank's pre-contractual assurance is most likely to be an example of which of the following?
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