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CIPS Procurement and Supply in Practice Sample Questions:

1. Describe three benefits of working cross-functionally

2. What are the definition of a new buy and a modified re-buy?

3. What is PQQ and what does it include?

4. Which Incoterm applies here?
The supplier is responsible for delivering the goods directly onto the vessel that will transport them to their named destination and must also cover the cost of this. The supplier bears all risks until the goods are delivered to the buyer at their named place.

A) DAP - Cost and Freight
B) CIF - Cost Insurance and Freight
C) AS - Free Alongside Ship
D) FOB - Free On Board

5. What Incoterm applies here?
The supplier is responsible for delivering the goods to a carrier or to an intermediate agreed place. From this point, the buyer is responsible for ensuring these goods reach their named destination.

A) FCA - Free Career
B) EXW - Ex Works
C) CPT - Carriage Paid To
D) CIP - Carriage and Insurance Paid to

Solutions: