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Exam Code: L4M4
Exam Name: Ethical and Responsible Sourcing
Vendor: CIPS

60 Questions & Answers
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NEW QUESTION: 1
Which end-to-end solution does intercompany sales order processing for domestic and international customers belong to?
Response:
A. Inventory management
B. Receivables management
C. Invoice and payables management
D. Order and contract management
Answer: D

NEW QUESTION: 2
View the Exhibit and examine the structure of the
PRODUCTINFORMATION and INVENTORIES tables.
You want to display the quantity on hand for all the products available in the PRODUCTINFORMATION table that have the PRODUCT_STATUS as 'orderable'
QUANTITY_ON_HAND is a column in the INVENTORIES table. The following SQL statement
was written to accomplish the task:
SELECT pi. Product_id, pi.product_status, sum(i.quantity_on_hand)
FROM product_information pi LEFT OUTER JOIN inventories i
ON (pi. Product_id = i. product_id)
WHERE (pi.product_status = 'orderable")
GROUP BY pi.product_id, pi.product_status;
Which statement is true regarding the execution of this SQL statement?
A. The statement would not execute because prefixing table alias to column names is not allowed with the ON clause.
B. The statement would execute and produce the desired output.
C. The statement would not execute because the WHERE clause is not allowed with LEFT OUTER JOIN.
D. The statement would not execute because the WHERE clause is used before the GROUP BY clause.
Answer: B

NEW QUESTION: 3
Which three of the following are successful examples of strategic IT investments improving operational agility? (Choose three.)
A. A company implements EnergyWise solutions, which drastically reduce energy costs.?
B. A company offers mobile email to its employees, who can then react faster to requests.
C. A company changes its security strategy from "lock down" to "secure access from anywhere", so that users are "always-on" and can easily work remotely.
D. A company provides support for a BYOD solution, which increases the investment and requires network upgrades, but provides limited improvements compared to a well-known remote access solution.
E. A company implements collaboration solutions, which simplified information exchange.
Answer: B,C,E

NEW QUESTION: 4
Grum Corp., a publicly-owned corporation, is subject to the requirements for segment reporting. In its
income statement for the year ended December 31, 1991, Grum reported revenues of $50,000,000,
operating expenses of $47,000,000, and net income of $3,000,000. Operating expenses include payroll
costs of $ 15,000,000. Grum's combined identifiable assets of all industry segments at December 31,
1 991, were $40,000,000.
In its 1991 financial statements, Grum should disclose major customer data if sales to any single
customer amount to at least:
A. $5,000,000
B. $4,000,000
C. $300,000
D. $1,500,000
Answer: A
Explanation:
Choice "d" is correct. $5,000,000 (10% x $50,000,000 revenue). If revenue from a single external
customer is 10% or more of total revenue, then the company should disclose this fact, the total amount of
revenue from the customer, and the segment or segments reporting the revenues. The identity of the
customer need not be disclosed.


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