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CIPS L5M2 Exam

Certification Provider: CIPS
Exam Name: Managing Supply Chain Risk
Number of questions in our database: 120
Exam Version: Nov. 24, 2022
L5M2 Exam Official Topics:
  • Topic 1: Single Topic

Free CIPS L5M2 Exam Actual Questions

The questions for L5M2 were last updated On Nov. 24, 2022

Question #1

Company X is a large company which is traded on the UK stock exchange. According to the Companies (Miscellaneous Reporting) Regulations 2018- is it obligatory for Company X to follow a Corporate Governance Code?

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Correct Answer: D

The correct answer is 4 - the policy is 'comply or explain' - basically say which code you follow, or explain (publicly) why you're not following one. See p. 145 for more information on this


Question #2

In which of the following industries is it common to find dedicated resource for risk management?

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Correct Answer: A

Banking and Insurance industries usually have a dedicated resource. This mean people working within the company are dedicated to this role (as opposed to using a third party). P. 146


Question #3

Who takes ownership for a Business Continuity Plan?

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Correct Answer: A

A Business Continuity Plan is held at the top level. See p. 155


Question #4

Which of the following statements is true about a Disaster Recovery Plan? Select TWO

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Correct Answer: B, D

Answers 2 and 4 are correct. A Business Continuity Plan is held at the top level, not a disaster recovery plan. This can be held at the department level- or whoever would have the ability to enact this if a disaster were to happen. A company is likely to have several Disaster Recovery Plans for different departments and different scenarios so several people within the organisation may be accountable for these. Option 3 is incorrect as the focus is on recovering systems (e.g. getting people back online) not on profit. P.155


Question #5

Which of the following will you put into box 7?

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Correct Answer: C

The correct answers are as follows:



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