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

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Lindsay

18 days ago

I thought it was a Dutch e-auction?

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Agustin

23 days ago

It's definitely a Reverse e-auction!

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Pearlie

1 month ago

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

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Brynn

1 month 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.

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Temeka

2 months ago

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

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Arletta

2 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.

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