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 Jan 20, 2025.

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Question No. 1

Which of the following best describes the nature of a 'one-off ' order?

AAn order that covers the continuous supply of an item for a period (e.g. 12 months)

BAn order for an item that is telephoned to a supplier rather than transmitted in writing

CAn order for the supply of a fixed quantity of an item to be delivered at a stated, specific time

DAn order written on a makeshift document rather than on the usual purchase order document.

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Correct Answer: A

Question No. 2

Which of the following best describes a 'retention clause'?

AA contract clause stating that the buyer will withhold a percentage of the sum owing to the supplier for a certain time period to ensure satisfactory completion of the contract

BThe buyers company delaying payment of an invoice in order to earn interest on the money thus being retained

CAn agreement whereby the buyer and seller agree that the buyer shall pay certain percentages of the contract price in line with agreed percentages of the job having been completed

DA contract clause that states that the seller will retain title to the goods until the buyer has paid the invoice in full.

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Correct Answer: A

Question No. 3

Which of the following best describes the implied condition relating to 'description' under the Sale of Goods Act of 1979?

AThe buyer must provide the seller with a full and accurate description of the goods required

BWhere there is a sale by description, e.g. using a catalogue, the goods must correspond with that description

CThe seller must provide a full and accurate description of the goods in any catalogue or brochure used

DThe description of the goods in the supplier's acknowledgement must correspond with that in the original purchase order.

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Correct Answer: A

Question No. 4

Which of the following best describes one of the most likely problems of fixed pricing for the buyer?

AMany sellers regard the commercial risks of fixed pricing for long-term contracts as being too great

BSellers might build high margins into the contract to cover unforeseen eventualities, leading to high prices being paid

CSellers need to be able to forecast price movements of labour and materials accurately over the life of the contract

DSellers may take advantage of the buyer if prices fall during the life of the contract.

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Correct Answer: D

Question No. 5

Which of the following would normally be regarded as the legal purpose of a written contract?

AIt provides a record of an agreement made at a meeting

BIt ensures that a written record of an agreement is made

CIt ensures that a supplier knows what is required by the buyer

DIt defines the obligations of both buyer and seller

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Correct Answer: C

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