While it is recognised that longer-term contracts have the potential to drive significant benefits for...

Vendor: CIPS
Product: L4M3
Update on: Jul 30, 2025
Questions: 196

CIPS L4M3 Question Answer

While it is recognised that longer-term contracts have the potential to drive significant benefits for the organisation, a number of situations are more suited to making one-off purchases. Which of the below situations is likely to be more suited to a one-off purchase?

The ordering of equipment for a special project

A requirement for the maintenance of buildings

The purchase of compatible IT infrastructure equipment

The purchase of internal and external audit services