Free CIPS L4M7 Exam Questions
Absolute Free L4M7 Exam Practice for Comprehensive Preparation
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CIPS L4M7 Exam Questions
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Provided By: CIPS
- Exam: Whole Life Asset Management
- Certification: CIPS Certification
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Total Questions: 343
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Updated On: May 11, 2025
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Rated: 4.9 |
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Online Users: 686
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Question 1
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What advantage can the use of ABC classification of stock provide in warehouse design?
Answer: C
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What advantage can the use of ABC classification of stock provide in warehouse design?
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Question 2
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What are some warehouse layouts that have cross aisles and picking aisles that intersect at angles other than 90 degrees?
Answer: H
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What are some warehouse layouts that have cross aisles and picking aisles that intersect at angles other than 90 degrees?
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Question 3
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Which of the following are examples of subjective methods of forecasting? Select TWO that apply.
Trend line analysis
Moving averages
Market research
Expert opinion
Seasonal variations
Answer: B
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Which of the following are examples of subjective methods of forecasting? Select TWO that apply.
Trend line analysis
Moving averages
Market research
Expert opinion
Seasonal variations
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Question 4
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An organisation needs to determine whether to lease a piece of equipment or purchase it outright. From the
following statements, which ones describe the advantages for a procurement organisation to lease rather than
to purchase outright?
Capital allowances may be set against tax, and grants may be available
There is no initial investment which would tie up the organisation’s working capital
It would protect against technological obsolescence as equipment can be replaced as required
The total cost may be higher than purchasing the equipment outright
Answer: B
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An organisation needs to determine whether to lease a piece of equipment or purchase it outright. From the
following statements, which ones describe the advantages for a procurement organisation to lease rather than
to purchase outright?
Capital allowances may be set against tax, and grants may be available
There is no initial investment which would tie up the organisation’s working capital
It would protect against technological obsolescence as equipment can be replaced as required
The total cost may be higher than purchasing the equipment outright
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Question 5
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Which of the following are most likely the benefits of using unit loads? Select TWO that apply.
Answer: A,D
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Which of the following are most likely the benefits of using unit loads? Select TWO that apply.