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Exam Code: L4M4
Exam Questions: 585
Ethical and Responsible Sourcing
Updated: 23 Sep, 2026
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Practicing : 1 - 5 of 585 Questions
Question 1

A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and ensure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?

Options :
Answer: D

Question 2

A buyer of bakery products sees wheat shortages due to poor harvests but demand remains high. How does this affect negotiation?

Options :
Answer: B

Question 3

Sourcing products internationally involves extra considerations when looking at the price of the item. Which of the following are additional price considerations for international sourcing? Select TWO

Options :
Answer: A,C

Question 4

What is the name of the ISO standard that focuses on the sustainable procurement process? 

Options :
Answer: B

Question 5

Which of the following are most likely to be assessment criteria of supplier's social performance? Select TWO that apply. 

Options :
Answer: A,B

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Practicing : 1 - 5 of 585 Questions

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