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CIPS L4M6 Exam - Topic 3 Question 44 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 44
Topic #: 3
[All L4M6 Questions]

Under what circumstances should a competitive tender not be completed? Select TWO.

Show Suggested Answer Hide Answer
Suggested Answer: B

The correct answer is 'Conduct regular audits'. This is explained on p.153. You wouldn't do an appraisal on a supplier in a partnership relationship as both parties are equal. Threatening a partner isn't good for the relationship and a damages clause would be used in a contractual relationship rather than a partnership.


by Leanora at Jul 07, 2024, 09:53 PM

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Larae
3 months ago
Agree, no tender needed when specs are clear. Saves time!
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Buddy
3 months ago
Wait, are we really skipping tenders for low value stuff? Seems risky!
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Jess
3 months ago
High value items should always go through a tender process, right?
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Jacinta
4 months ago
I think low value items don’t need a tender either.
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Viola
4 months ago
Definitely not needed when there’s a clear specification.
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Marleen
4 months ago
I thought high-value items always required a tender, but maybe there are exceptions? I need to think this through.
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Wynell
4 months ago
I feel like we practiced a question similar to this, and I think it was about not tendering when specifications are unclear.
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Jeannetta
4 months ago
I remember discussing that low-value items might not need a tender process, but I can't recall if that's definitely one of the answers.
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Ronny
5 months ago
I think a competitive tender shouldn't be completed when there isn't a clear specification, but I'm not sure about the other option.
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Miriam
5 months ago
This question is testing our understanding of when a competitive tender process is appropriate. I'll carefully weigh the options.
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Gracia
5 months ago
I'm confident I know the right answer, but I'll double-check my reasoning before submitting.
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Gracia
5 months ago
Okay, I think I've got it. The high-value and unclear specification options seem like the two most relevant choices here.
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Candida
5 months ago
Hmm, I'm a bit unsure about this one. I'll need to think through the circumstances where a competitive tender might not be necessary.
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Glory
5 months ago
This seems like a straightforward question, but I want to make sure I understand the key factors to consider.
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Dusti
5 months ago
Hmm, this looks like a tricky one. I'll need to carefully review the exhibit and the options to figure out what the issue could be.
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Abel
5 months ago
Okay, I've got a plan. I'll focus on the key requirements - unique accounts payable parameters and consolidated financial results. I think Legal Entities or Business Units are the most likely options to meet those needs.
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Adolph
5 months ago
I think trade payables are usually a source of finance, so maybe option C is the one that's false?
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Wei
5 months ago
Hmm, this looks like a tricky one. I'll need to think carefully about the different options and try to eliminate the ones that don't seem relevant.
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Beula
10 months ago
Hmm, let's see. When the items are of high value, you definitely want a competitive tender. And when there's no clear spec, you definitely want a competitive tender. So I guess the answer is C and D - do the opposite of what makes sense!
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Marge
9 months ago
That's right, having clear specifications is crucial for a competitive tender process.
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Kiera
9 months ago
Exactly, you want to ensure fair competition for high-value items.
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Leota
9 months ago
D) When there is not a clear specification
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Moon
10 months ago
A) When the items are of high value
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Penney
10 months ago
Okay, let's think this through. A competitive tender is all about getting the best value, right? So it's gotta be B and D. High-value items need the competition, and unclear specs mean you need that bidding process.
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Frankie
10 months ago
Yes, and unclear specifications can lead to confusion and potential issues, so it's important to have a bidding process in place.
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Theron
10 months ago
I agree, high-value items definitely need that competitive tender process.
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Darci
10 months ago
Hah, this is a tricky one. Somebody's trying to trick us, I bet. I'll go with D and B, just to be safe.
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Carolynn
11 months ago
I'm pretty sure the clear specification is the key here. Why would you not want a competitive tender when you have a clear idea of what you need?
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Magnolia
10 months ago
D) When there is not a clear specification
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Wenona
10 months ago
A) When the items are of high value
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Venita
11 months ago
A and D? That's a tough one. I guess they want us to go with the options that make the least sense for a competitive tender.
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Alona
11 months ago
But what about when there is not a clear specification? Shouldn't that also be a reason to not complete a competitive tender?
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Rasheeda
11 months ago
I agree with Hershel. It makes sense to not go through a competitive tender process for high-value items.
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Hershel
11 months ago
I think a competitive tender should not be completed when the items are of high value.
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