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CIPS Exam L4M4 Topic 3 Question 30 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 30
Topic #: 3
[All L4M4 Questions]

Which of the following should be considered when calculating ratios relating to a supplier's liquidity?

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Suggested Answer: C

The correct answer is 'yes- the public sector should advertise as a call for competition'. They do this in the Official Journal of the European Union (OJEU). Public Sector has to be transparent about everything and treat all suppliers equally. So they can't just approach the ones they like.

In the study guide it says OIEU and this is a typo. It's OJEU.

What is The OJEU in 2 minutes or less (trackerintelligence.com)


Contribute your Thoughts:

Vincent
8 hours ago
Receivables? Of course! How else will I know if the supplier can pay their bills on time?
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Maira
5 days ago
I believe inventory should also be considered for supplier's liquidity ratios.
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Virgina
10 days ago
I agree with Adelle, receivables are important to assess liquidity.
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Adelle
11 days ago
I think we should consider receivables for supplier's liquidity ratios.
upvoted 0 times
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