Procurement professionals should never appoint any suppliers that have a low credit rating.

CIPS L4M4 Question Answer

Procurement professionals should never appoint any suppliers that have a low credit rating. Is this statement TRUE?

Yes, because this rating indicates poor financial management practices

No, because a credit rating is only one financial tool to be used in determining financial competence

No, because a credit rating is not an appropriate decision-making tool

Yes, because this rating means that insolvency or liquidation is imminent

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