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Practice your CORE Level 2 Introducing Procurement and Supply certification test with free L2M1 exam cram and take control of your certification preparation. At FreeExamCram, you can practice online for free using real L2M1 exam dumps, verified questions, and expert-designed free online practice tests. Moreover our CIPS L2M1 exam cram backed by our confidence-boosting refund guarantee.

Exam Code: L2M1
Exam Questions: 175
CORE Level 2 Introducing Procurement and Supply
Updated: 16 Apr, 2026
Viewing Page : 1 - 18
Practicing : 1 - 5 of 175 Questions
Question 1

A contract can be amended if both parties are in agreement, for example, to revise quantities, KPIs, payment terms, length of contract, etc.

Options :
Answer: A
Question 2

A buyer review suppliers’ CSR policies prior to contracting but is no necessary to do again throughout contract to ensure they remain in line

Options :
Answer: B
Question 3

Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?

Options :
Answer: B
Question 4

What type of purchase would you be making for things that are of value to a business, such as machinery or buildings? They are assets to a business, and their value depreciates over time.

Options :
Answer: A
Question 5

Budget variances can be temporary or permanent

Options :
Answer: A
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Practicing : 1 - 5 of 175 Questions

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