CIPS Exam L3M1 Topic 2 Question 2 Discussion

Actual exam question for CIPS's L3M1 exam

Question #: 2
Topic #: 2

[All L3M1 Questions]

Which one of the following initiates the procurement process inside the buying organisation, calling for action by the procurement professionals?

ARequest for quotation

BInvoice

CSpecification

DRequisition

Show Suggested Answer

Suggested Answer: D

This should be an easy question.

If you are unfamiliar with any of these terms, return to your textbook soon.

The RFQ is the action taken by procurement often, further to the requisition and other necessary documentation.

by Frederica at Mar 17, 2024, 09:27 PM

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Frank

12 months ago

Yes, Merissa. Specification is crucial for ensuring we get what we need.

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Merissa

1 years ago

I think C) Specification could also be important because it outlines the requirements for the product or service.

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Patrick

1 years ago

That's true, Lashaunda. Request for quotation is when we ask vendors for pricing information.

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Lashaunda

1 years ago

I'm not sure, but maybe A) Request for quotation also plays a role in initiating the procurement process.

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Frank

1 years ago

I agree with Patrick. Requisition is the starting point for procurement.

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Patrick

1 years ago

I think it's D) Requisition because that's when the actual need for a product or service is identified.

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Lillian

1 years ago

I see your point, but usually it's the requisition that signals the need for procurement.

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Margurite

1 years ago

I believe it's actually the request for quotation that initiates the procurement process.

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Mitsue

1 years ago

But isn't it the specification that starts the procurement process?

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Cornell

1 years ago

I agree, a requisition is what triggers the procurement process.

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Lillian

1 years ago

I think the answer is D) Requisition.

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