Free CIPS L3M1 Practice Exams Questions 2026 - TheExamsLabs

Start Preparation with the Latest and Real 100% Free Level 3 Advanced Certificate in Procurement and Supply Operations L3M1 Exam Dumps Questions Practice 2026

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Total 90 Questions | Updated On: Jun 16, 2026

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Question 1

Which one of the following is a commercial document issued by a seller seeking payment for goods or services?

A : Delivery note

B : Pre-qualification questionnaire

C : Invoice

D : Supplier quotation

Answer: C

Question 2

Which of the following constitute non-tariff barriers to trade?

A : Increased import duties

B : Complex customs procedures and paperwork for any goods crossing borders

C : Reduced import duties

D : Government subsidies to domestic producers

Answer: B,D

Question 3

Thinking of the STEEPLED factors which may impact long-term on an organisation, under which one heading would the following appear: growth trends, unemployment patterns, incomes, interest rates exchange rates and tax rates?

A : Ethical

B : Political

C : Environmental

D : Economic

Answer: D

Question 4

Which one of the following is a document describing the requirement of a buying organisation, and may be used in seeking quotations or in a tender process? It may take the form of a written description, drawing, model, chemical formula, etc.

A : Request for proposal

B : Service level agreement

C : Requisition

D : Specification

Answer: D

Question 5

An arrangement between a buyer and a supplier in which they agree to apportion benefits (such a reduced costs, or increased outputs) arising from particularly sound contract performance may be called:

A : Painshare

B : Fair share

C : Gainshare

D : Stocks and shares

Answer: C

Page: 1 / 18

Total 90 Questions | Updated On: Jun 16, 2026

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