Most Recent CIPS A8 Exam Questions & Answers

Prepare for the CIPS Preparing and Managing Contracts exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIPS A8 exam and achieve success.

The questions for A8 were last updated on Dec 20, 2024.

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Question No. 1

Which of the following best describes a purchasers 'request for quotation'?

AA document sent to a supplier indicating a budget price which the purchaser expects to pay for an item

BA document sent to a supplier asking the supplier to provide prices for a product or service to be supplied

CA document sent to a supplier to order goods or services from the suppliers catalogue

DA document sent to a supplier to indicate the actual delivery quantity required to reinforce a blanket order.

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Correct Answer: A

Question No. 2

Q7. Which of the following best describes an 'implied contract term'?

AA contract term inserted into the contract by agreement between buyer and seller

BA contract term that arises out of legislation or legal precedent

CA contract term found in the small print on the reverse of a purchase order

DA contract term specifically referred to in the seller's quotation.

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Correct Answer: A

Question No. 3

Which of the following is a feature of international transport that Incoterms help define?

AThe responsibility for costs of freight, carriage and insurance borne by either the buyer or the seller

BThe mode(s) of transport to be used for the journey of the goods from seller to buyer

CThe port of entry for the goods into the buyers country

DThe type(s) of packaging to be used to protect the goods on their journey from seller to buyer.

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Correct Answer: A

Question No. 4

Which of the following best describes open book cost auditing?

ARequesting financial reports of a suppliers expenditure on and performance of a contract

BRegular progress meetings during the running time of a contract to discuss finances and contract performance with the supplier

CAnalysing the suppliers balance sheet and profit and loss account to gain knowledge of its finances

DThe supplier providing a detailed breakdown of the time, materials and other resources spent on completing a contract.

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Correct Answer: D

Question No. 5

Which of the following best defines an in nominate term of a contract?

AA term that goes to the heart of the contract

BA term that a court would have to decide whether it goes to the heart of the contract or not

CA term that is not considered major and does not go to the heart of the contract

DA term both buyer and seller have included in the contract as a result of negotiation

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Correct Answer: D

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