CIPS L3M3 Exam - Topic 3 Question 27 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 27
Topic #: 3

[All L3M3 Questions]

'The CIPS Code of Conduct states that procurement professionals should not accept any business gifts under any circumstances.' True or false?

ATrue

BFalse

Show Suggested Answer

Suggested Answer: D

Inability to touch something.

Services are intangible, which may present challenges when specifying / buying.

by Yun at Dec 09, 2024, 02:42 AM

Limited Time Offer

25%

Off

Get Premium L3M3 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Carissa

3 months ago

False! Just need to declare them properly.

upvoted 0 times

...

Bethanie

3 months ago

Wait, really? I didn't know that was allowed at all!

upvoted 0 times

...

Delisa

3 months ago

I thought it was true, but I guess I was wrong.

upvoted 0 times

...

Micaela

4 months ago

I totally agree, the rules are more flexible than that!

upvoted 0 times

...

Micaela

4 months ago

It's actually false, gifts can be accepted under certain limits.

upvoted 0 times

...

Dominga

4 months ago

I’m leaning towards true, but I remember discussing how some organizations have their own policies that might differ from CIPS.

upvoted 0 times

...

Hildred

4 months ago

I recall the CIPS Code being strict, but I’m confused if it allows any exceptions for low-value gifts.

upvoted 0 times

...

Gwenn

4 months ago

I’m not entirely sure, but I feel like there was a practice question that mentioned specific guidelines for gifts. Maybe it’s true?

upvoted 0 times

...

Floyd

5 months ago

I think the statement is false because I remember something about accepting small tokens of appreciation being allowed in certain contexts.

upvoted 0 times

...

Ivory

5 months ago

Okay, I think I know the answer here. The code allows for some gifts, just not any at all. So the statement is false.

upvoted 0 times

...

Stevie

5 months ago

The CIPS code is clear that we can accept some business gifts, just not any under any circumstances. So this statement must be false.

upvoted 0 times

...

Malcom

5 months ago

Hmm, I'm not totally confident on this one. I'll need to review the code of conduct details.

upvoted 0 times

...

Laquanda

5 months ago

I'm pretty sure this is false, but I'll double-check the CIPS Code of Conduct to be sure.

upvoted 0 times

...

Mireya

10 months ago

Wait, we get gifts? Where do I sign up for this job?

upvoted 0 times

Malinda

8 months ago

Oh really? I guess I'll have to stick to earning my rewards through hard work then.

upvoted 0 times

...

Michell

8 months ago

I heard about that too, but it's actually false. We're not supposed to accept gifts as procurement professionals.

upvoted 0 times

...

Jerry

8 months ago

B) False

upvoted 0 times

...

Emeline

9 months ago

A) True

upvoted 0 times

...

Trevor

10 months ago

True, definitely. Accepting gifts could lead to all sorts of ethical issues and conflicts of interest.

upvoted 0 times

Catalina

9 months ago

B) False

upvoted 0 times

...

Rosio

9 months ago

I agree, accepting gifts can compromise integrity.

upvoted 0 times

...

Desmond

9 months ago

A) True

upvoted 0 times

...

Jennifer

10 months ago

False, as long as the gift is under a certain value, it should be fine. Who doesn't love free stuff?

upvoted 0 times

Glynda

10 months ago

False, as long as the gift is under a certain value, it should be fine. Who doesn't love free stuff?

upvoted 0 times

...

Robt

10 months ago

A) True

upvoted 0 times

...

Viva

10 months ago

But the CIPS Code of Conduct clearly states that procurement professionals should not accept any business gifts.

upvoted 0 times

...

Tracey

10 months ago

True, no gifts whatsoever. Gotta keep things 100% objective and professional.

upvoted 0 times

...

Titus

11 months ago

I disagree, I believe the answer is false.

upvoted 0 times

...

Jose

11 months ago

False, that's way too restrictive. A small gift here and there is just common courtesy.

upvoted 0 times

Laura

9 months ago

That's a good point, maybe it's better to stick to the rules.

upvoted 0 times

...

Levi

10 months ago

But accepting gifts could lead to bias in decision-making.

upvoted 0 times

...

Tasia

10 months ago

I disagree, I believe a small gift is fine as a gesture of goodwill.

upvoted 0 times

...

Rickie

10 months ago

I think it's true, we should follow the Code of Conduct.

upvoted 0 times

...

Viva

11 months ago

I think the answer is true.

upvoted 0 times

...