Free CIPS L2M5 Practice Exams Questions 2026 - TheExamsLabs

Start Preparation with the Latest and Real 100% Free Level 2 Certificate in Procurement and Supply Operations L2M5 Exam Dumps Questions Practice 2026

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Total 126 Questions | Updated On: Jun 15, 2026

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Question 1

The buyer does not need to look at global sources to fully understand their own country’s domestic importation regulations.

A : TRUE

B : FALSE

Answer: B

Question 2

An organisation can be in profit but have poor cash flow

A : TRUE

B : FALSE

Answer: A

Question 3

Which mode of transport is more environmentally friendly than other methods, and can be used for large or heavy items?

A : Air

B : Pipeline

C : Rail

D : Road

E : Sea

Answer: C

Question 4

Which of the following is a definition of the economic order quantity – EOQ?

A : Formula that buyers use to calculate the most economically viable quantity in which to order additional stock

B : Formula that buyers use to calculate the most economically viable price in which to order additional stock

C : Formula that buyers use to calculate the most economically viable place in which to order additional stock

D : Formula that buyers use to calculate the most economically viable quantity in which to order additional stock

Answer: A

Question 5

Who devised the INCOTERMS?

A : International Chamber of Civil Engineers

B : International Chamber of Commerce

C : International Cubical of Civil Engineers

D : International Cubical of Commerce

Answer: B

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Total 126 Questions | Updated On: Jun 15, 2026

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