Free CIPS L5M6 Practice Exams Questions 2026 - TheExamsLabs

Start Preparation with the Latest and Real 100% Free Level 5 Advanced Diploma in Procurement and Supply L5M6 Exam Dumps Questions Practice 2026

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Total 122 Questions | Updated On: Jun 16, 2026

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Question 1

Which of the following will you put into box 6?

A : Profitability Concern

B : Liquidity Concern

C : Gearing Concern

D : Efficiency Concern

Answer: C

Question 2

According to Porter's 5 Forces, supplier power is strong in industries where which of the following is true? Select THREE

A : no substitutes are available

B : supplier-s customers are fragmented

C : switching costs are low

D : forward integration is possible

E : the product is undifferentiated

Answer: A,B,D

Question 3

What is the purpose of a Category Board?

A : to select the Category Manager

B : to approve spending over a certain amount

C : to develop and implement a category strategy

D : to mitigate all risks

Answer: C

Question 4

What is contract leakage?

A : when spend with a supplier is more than was stated in the contract

B : when spend with a supplier is less than was forecast

C : the gap between proposed KPI levels and those actually achieved by the supplier over the course of a contract

D : the gap between benefits identified in the pre-award stage of the contract and those actually achieved

Answer: D

Question 5

Which of the following approaches to cost is the least transparent?

A : price management

B : price acceptance

C : cost down

D : cost out

Answer: B

Page: 1 / 25

Total 122 Questions | Updated On: Jun 16, 2026

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