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CIPS L4M7 Exam Dumps Questions and Answers

Exam Code: L4M7
Vendor: CIPS
Last Update: May 5, 2024
Questions: 135
10  Customers Passed CIPS L4M7
86%  Average Success In Real Exam
91%  Questions came word by word from this dump
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Whole Life Asset Management exam requires you to make sure a clear, profound and accurate understanding of the subjects covered in the exam syllabus. The most important thing to pass this exam is to access a study material that provides you exam-oriented, simplified and authentic information that is primary requirement of CIPS Exam L4M7.

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Whole Life Asset Management Questions and Answers

Questions 1

XYZ Ltd is looking for new office space overseas. To keep the overhead expense minimal, it chooses leasing rather than purchasing new office. In leasing contract, which of the following costs are most likely to be attributable to the lessee?

1. Disposal costs

2. Rentals

3. Operating costs

4. Vendor selection costs

Options:

A.

2, 3 and 4

B.

1, 2 and 3

C.

1, 3 and 4

D.

1, 2 and 4

Questions 2

Which of the following is the character that allows the computer to verify whether a product code is entered correctly?

Options:

A.

3-digit prefix

B.

Check digit

C.

Radio frequency identification

D.

Barcode

Questions 3

XYZ Ltd is a major distributor of electrical equipment protection products in the United States. XYZ found that there was a lack of communication between the company and its key supplier, leading to the supplier trying to predict distributor needs and distributor attempting to estimate lead times. Essentially, both the supplier and the distributor have different sets of information, spending time and money trying to predict what the other will do. To deal with this problem, XYZ Ltd decides to implement new inventory management method in which the supplier manage the replenishment of items for sale. Both parties are obliged to share information on variations in demand and stock levels for goods used for or sale. Which inventory management method is XYZ Ltd implementing?

Options:

A.

Reverse logistics

B.

Floor-ready merchandise

C.

Vendor managed inventory

D.

Economic order quantity