QUESTION: 1

The Equality Act in the UK was introduced in which year?

2019
2001
2010
2011

Answer(s): C

Explanation:

The Act was introduced in 2010. Although this is a UK-centric QUESTION NO :, it is valid for several rea-sons. Firstly, the UK was one of the first countries to introduce such a wide-ranging Act; secondly the Act is so wide-ranging that all UK managers need to be familiar with it. People who live and work outside the UK may wish to familiarise themselves with the content of the Act to have an idea of what the impact of such legislation might be like.
Interestingly, in the UK, the Act has seldom been used 'in anger'.

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QUESTION: 2

Sources of finance for a public sector entity are primarily (select one):

Sales revenues
Taxpayers
Long-term bank loans
Delaying payments to suppliers

Answer(s): B

Explanation:

The correct answer is 'taxpayers'. On occasion, part of a public sector organisation may make sales which will generate revenue. In some mega-projects (eg power generation), public sector bodies will sometimes into long-term arrangements with private sector financiers, but this is not the mainstream. Delaying payments to suppliers is a tactic used by some organisations, but they are more likely to be private sector, and such a practice is regarded as unethical by many, including CIPS.

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QUESTION: 3

Which of the following would be / should be subject to health and safety legislation?

All of them
Smoking cigarettes inside offices, factories and other buildings
The manual lifting of heavy objects
Floors, passages and stairs should be properly constructed, maintained and kept clear
The need for appropriate firefighting equipment in a factory

Answer(s): A

Explanation:

All of these.

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QUESTION: 4

The letters 'NFP' mean...

Newly focused (on) profit
Not for procurement
Non-funded purchase
Not-for-profit

Answer(s): D

Explanation:

The answer is 'not-for-profit', meaning 'third sector' (charities, co-operatives, NGOs, etc). This is not the same as 'public sector'. You should be clear on this terminology.

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Free L3M1 Exam Braindumps (page: 1)

Pass your Procurement and Supply Environments exam with these free Actual Questions and Answers

QUESTION: 1

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QUESTION: 2

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QUESTION: 3

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QUESTION: 4

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