CIPS L3M1 Quiz:1 Topic:1 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for CIPS L3M1 Exam, according to official CIPS Procurement and Supply Environments exam syllabus topic # 1

Question: 1

The 'five forces' model is also known as an 'Industry Structure Analysis'.

True or false?

ATrue

BFalse

Answer : A

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Question: 2

Which one of the following is a commercial document issued by a seller stating what the cost would be of supplying certain goods or services, normally in response to an enquiry by the buyer?

ARequest for quotation

BSupplier quotation

CPre-qualification QUESTION NO : naire

DCommercial invoice

Answer : B

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Question: 3

Measurement of an organisation's carbon footprint uses which gas as a standard measure?

ACO

BCO2

CH2O

DCO3

Answer : B

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Question: 4

Sources of finance for a private sector entity primarily include (select all that apply):

ATaxpayers

BLong-term bank loans

CSales revenues

DShareholders' funds

Answer : B, C, D

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Question: 5

The study of population and population trends is called:

ADemographics

BDemagoguery

CHieroglyphics

DTopography

Answer : A

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