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Exam L4M4 All Questions
Exam L4M4 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M4 Question # 7 Topic 1 Discussion

L4M4 Exam Topic 1 Question 7 Discussion:
Question #: 7
Topic #: 1

A company has a requirement for an item that has been identified as strategic on the positioning model. The company needs to invite competitive tenders and ensure the selected supplier of this item is in a good financial position. What should the company ask the suppliers to send to show that their current assets cover their current liabilities?


A.

Profit and loss account


B.

Annual turnover


C.

Gearing ratio


D.

Acid test


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