CIPS L3M2 Exam - Topic 4 Question 47 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 47
Topic #: 4

[All L3M2 Questions]

An internet-based auction between competing sellers or suppliers in real time, is called a:

ACompetitive e-tender

BDutch e-auction

CReverse e-auction

DForward e-auction

Show Suggested Answer

Suggested Answer: C

Reverse e-auction.

This term is used in your syllabus.

by Starr at Apr 10, 2026, 12:43 PM

Limited Time Offer

25%

Off

Get Premium L3M2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Deja

8 hours ago

It's definitely a Reverse e-auction!

upvoted 0 times

...

Shelia

6 days ago

Really? I didn't know that, sounds kinda odd.

upvoted 0 times

...

Dustin

11 days ago

Wait, are you sure it's not Competitive e-tender?

upvoted 0 times

...

Lenna

16 days ago

No way, it's not a Forward e-auction!

upvoted 0 times

...

Lindsay

2 months ago

I thought it was a Dutch e-auction?

upvoted 0 times

...

Agustin

2 months ago

It's definitely a Reverse e-auction!

upvoted 0 times

...

Pearlie

3 months ago

Forward e-auctions sound familiar, but I’m confused about how they differ from Dutch e-auctions. I need to double-check that!

upvoted 0 times

...

Brynn

3 months ago

I feel like competitive e-tenders were discussed in class, but I can't recall if they fit this definition of real-time auctions.

upvoted 0 times

...

Temeka

3 months ago

I practiced a similar question where reverse e-auctions were mentioned, and I think they involve buyers, not sellers.

upvoted 0 times

...

Arletta

3 months ago

I think I remember something about Dutch e-auctions being related to decreasing prices, but I'm not entirely sure if that's the right answer here.

upvoted 0 times

...