Higher Test Marks with Free Online L2M1 Exam Practice

Assess the CertsIQ’s updated L2M1 exam questions for free online practice of your CORE Level 2 Introducing Procurement and Supply test. Our L2M1 dumps questions will enhance your chances of passing the Level 2 Certificate in Procurement and Supply Operations certification exam with higher marks.

Exam Code: L2M1
Exam Questions: 175
CORE Level 2 Introducing Procurement and Supply
Updated: 03 Jun, 2025
Question 1

Lower price does not always equate to lower cost, e.g. could be lower quality, which could result in higher costs further down the line.

Options :
Answer: A

Question 2

At what stage of the tendering process would you make a recommendation and seek approval from an authorised person before awarding the contract?

Options :
Answer: A

Question 3

Budget variances can be temporary or permanent

Options :
Answer: A

Question 4

Transport, Inventory, Motion, Waiting, Over Production, Over Processing and Defects are more commonly known as what?

Options :
Answer: B

Question 5

What does the term OEM stand for?

Options :
Answer: D

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