CIPS L5M2 Question Answer
There are three main areas where third party suppliers are used in risk management. What are they?
contract negotiations
supply chain management
credit ratings
risk auditing
disaster recovery
Explanation
3 4 and 5 are the correct answers. This is from p. 79 of the textbook - each of these three areas is then covered in detail throughout chapter 2.2.
TESTED 24 Oct 2025
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