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CIPS
Level 5 Advanced Diploma in Procurement and Supply
L5M2 Free Questions
CIPS L5M2 Quiz:1 Topic:1 Questions:1-5

Home
CIPS
Level 5 Advanced Diploma in Procurement and Supply
L5M2 Free Questions
CIPS L5M2 Quiz:1 Topic:1 Questions:1-5

CIPS L5M2 Quiz:1 Topic:1 Questions:1-5

Free Practice Mock Questions Set 1-5 (Quiz # 1) for CIPS L5M2 Exam, according to official CIPS Managing Supply Chain Risk exam syllabus topic # 1

Question: 1

Standard Deviation is the measure of the variation between the values in a range of dat

a. From which of the following could you calculate Standard Deviation?

Anormal distribution

Bbinomial distribution

Cpoisson distribution

Dvalue at risk

Answer : A

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Question: 2

Which of the following will you put into box 6?

Aservice credits

BNDA

CConformance Specification

DForce Majeure

Answer : C

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Question: 3

Which of the following risks is associated with sourcing from low-cost countries? Select TWO:

Aoperational risks

Breputational risks

Cgeopolitical risks

Dfinancial risks

Answer : B, C

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Question: 4

Which of the following will you put into box 2?

Atolerate

Btransfer

Ctreat

Dterminate

Answer : C

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Question: 5

Which of the following will you put into box 4?

Atolerate

Btransfer

Ctreat

Dterminate

Answer : D

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Quiz 1

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