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If moving up in the fast-paced technological world is your objective, CIPS is here to help. The excellent Ethical and Responsible Sourcing (L4M4) practice exam from CIPS can help you realize your goal of passing the CIPS Treasury with Ethical and Responsible Sourcing (L4M4) certification exam on your very first attempt. Most people find it difficult to find excellent CIPS Treasury with Ethical and Responsible Sourcing (L4M4) exam dumps that can help them prepare for the actual Ethical and Responsible Sourcing (L4M4) exam.

CIPS L4M4 Exam Syllabus Topics:

Topic	Details
Topic 1	Understand options for sourcing requirements from suppliers: This section covers the sourcing process, approaches, options, and award criteria for obtaining requirements from suppliers. The sub-topics provide a foundation for strategic sourcing.
Topic 2	Understand compliance issues when sourcing from suppliers: It explores legislative, regulatory, and organizational requirements for sourcing. It compares the use of audit and other mechanism of feedback.
Topic 3	Understand the key processes that can be applied to the analysis of potential external suppliers:
Topic 4	This section examines analyzing market data, obtaining quotations tenders, and assessing responses. The sub-topics focus on key processes for evaluating potential suppliers.

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CIPS Ethical and Responsible Sourcing Sample Questions (Q117-Q122):

NEW QUESTION # 117
A buyer has discovered their supplier has taken the passports of some of their workforce. The supplier has offered the buyer a discount against the contract, but the discount only applies if the buyer does not report this finding. Which ethical concerns should the buyer report to the necessary stakeholders?
* Fraudulent activity
* Bribery
* Modern slavery
* Breach of confidentiality

A. 1 and 3 only
B. 1 and 4 only
C. 2 and 4 only
D. 2 and 3 only

Answer: D

Explanation:
The withholding of passports is a potential indication of modern slavery, and the offer of a discount to avoid reporting this is a form of bribery. Reporting these ethical concerns aligns with responsiblesourcing practices and is critical for maintaining a supply chain free from human rights abuses.

NEW QUESTION # 118
Which of the following are primary sources of data? Select TWO.

A. market reasearch commissioned by a rival company
B. economic indices such as PPI or CPI
C. phone calls with current suppliers
D. trade fairs and exibits
E. published price lists

Answer: C,D

Explanation:
Primary data includes trade fairs and exhibits, and phone calls to current suppliers. The others are examples of secondary data.
Remember primary= you do it yourself, Secondary = someone else did it.

NEW QUESTION # 119
Which of the following is an example of intracompany trading? Select TWO

A. two companies join together to create a new product
B. cleverness
C. two departments within the same company collaborate on a project
D. two companies owned by the same entity conduct business
E. a manufacturer in the UK buys raw copper from a supplier in Chile

Answer: C,D

Explanation:
Intracompany trading is when two departments in the same company do trading. AND when two companies owned by the same parent company do trading.
INTRA means 'within' - so it's doing business with yourself.

NEW QUESTION # 120
Curly Cake Incorporated makes lots of different types of confectionary items. Although they are most famous for their cakes, they also have a smaller line of cereal bars and biscuits. Which of the following would be the most appropriate items for Curly Cake Incorporated to outsource? Select TWO

A. cakes
B. cereal bars and biscuits
C. cleaning
D. facilities management

Answer: C,D

Explanation:
Cleaning and Facilities Management are the most appropriate items to outsource. They would not outsource the making of confectionary products as this is the 'core' business.
See p.4 for "what is outsourcing?"

NEW QUESTION # 121
A company has actively included supporting of disadvantaged groups within their ESG commitment. Which of the following groups are considered disadvantaged?

A. pregnant women and children
B. international suppliers
C. Muslims
D. endangered species

Answer: A

Explanation:
Pregnant women and children are considered 'disadvantaged' by the UN. The other groups the UN call disadvantaged include; the elderly, the immunocompromised, those with disabilities and those living in poverty. This is the list given in the study guide.
A company could help disadvantaged groups in several ways. Firstly by offering employment (obviously not to the children). It could also include helping these groups as part of a Social Value out-come or community benefit scheme.

NEW QUESTION # 122
......

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