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CIPS L4M5 Dumps

Exam Code:
Exam Name:
Commercial Negotiation
Last Update: Aug 18, 2022
162 Questions
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Commercial Negotiation Questions and Answers

Questions 1

Procurement team is required to improve leverage with their suppliers through spend consolidation. To check whether there is any opportunity to consolidate spend, which of the following should be priority of procurement team?



Spend analysis


Value engineering


Price analysis


Total cost analysis

Questions 2

Which of the following is a disadvantage of absorption costing method?



Fixedcost allocated to products on the basis of the cost of activities used in producing them


Variable costs are not taken into product final costs


Using marginal cost of producing addition units


Limited understanding of true costs incurred

Questions 3

Which of the following are examples of connected stakeholders in a private organisation? Select TWO that apply.





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