CIPS Exam L3M1 Topic 3 Question 25 Discussion

Actual exam question for CIPS's L3M1 exam

Question #: 25
Topic #: 3

[All L3M1 Questions]

Which of the following is least risky from the buyer's viewpoint?

APayment on delivery

BPayment of 50% at time of order; with balance to be paid 90 days after delivery

CPayment in full at time of order

DPayment 60 days after delivery

Show Suggested Answer

Suggested Answer: C, D

To gain market share and to create shareholder value (increase the value of shares) are common aims of private sector organisations.

The other two answers are the antithesis of what firms usually want.

by Ona at Oct 21, 2024, 08:49 AM

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1 days ago

I disagree, I believe option C) Payment in full at time of order is the least risky.

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2 days ago

I think option A) Payment on delivery is least risky.

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