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CIPS L3M4 Exam - Topic 2 Question 55 Discussion

Which of the following is a benefit from compliance with procurement processes and procedures? Select all that apply.
A) Reducing error and B) Minimising the likelihood of damage to the organisation's reputation and C) Avoiding unnecessary costs and D) Reducing the opportunity for fraud / crime

CIPS L3M4 Exam - Topic 2 Question 55 Discussion

Actual exam question for CIPS's L3M4 exam
Question #: 55
Topic #: 2
[All L3M4 Questions]

Which of the following is a benefit from compliance with procurement processes and procedures? Select all that apply.

Show Suggested Answer Hide Answer
Suggested Answer: A, B, C, D

All of these options apply.


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Tammara
1 day ago
Minimising damage to reputation seems important too, but I can't recall if it was explicitly mentioned in our notes.
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Vallie
6 days ago
I remember discussing how compliance can help avoid unnecessary costs, so I would choose C for sure.
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Willow
11 days ago
I think reducing error is definitely a benefit, but I'm not sure about the others. We covered similar questions in class.
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