CIPS Exam L5M2 Topic 1 Question 28 Discussion

Actual exam question for CIPS's L5M2 exam

Question #: 28
Topic #: 1

[All L5M2 Questions]

Which of the following will you put into box 5?

ACSR Policy

BQuote in Buyer's Currency

CForce Majeure

DStandardise Payment Terms

Show Suggested Answer

Suggested Answer: A

The correct answers are as follows:

CSR= Corporate Social Responsibility

by Art at Mar 16, 2024, 08:35 AM

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Gail

6 months ago

German makes a good point. We need to be prepared for unexpected Germannts.

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German

6 months ago

I would choose to put Force Majeure in box 5. It's a clause that protects us in unforeseen circumstances.

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Dallas

6 months ago

That's a good point, Genevieve. It's important to consider the financial aspect as well.

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Genevieve

6 months ago

Actually, I would put the Quote in Buyer's Currency in box 5. It's important for our financial transactions.

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Gail

6 months ago

I agree with Dallas. The CSR Policy is crucial for showing our commitment to social responsibility.

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Dallas

7 months ago

I think I will put the CSR Policy in box 5. It's important for our company's reputation.

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Julianna

7 months ago

I see where you're coming from, Dierdre. But I still lean towards the quote in buyer's currency.

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Dierdre

7 months ago

I think CSR Policy is also important to consider for box 5.

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Caprice

7 months ago

That's a valid point, Hui. But I still think the quote in buyer's currency is key.

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Hui

7 months ago

I would go with standardise payment terms, it's important for consistency.

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Julianna

7 months ago

I agree with Caprice, it makes sense to include that.

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Caprice

7 months ago

I think I'll put the Quote in Buyer's Currency in box 5.

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