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CIPS Updated L4M7 Exam Questions and Answers by maysa

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CIPS L4M7 Exam Overview :

Exam Name: Whole Life Asset Management
Exam Code: L4M7 Dumps
Vendor: CIPS Certification: CIPS Level 4 Diploma in Procurement and Supply
Questions: 255 Q&A's Shared By: maysa
Question 28

One of the classifications of inventory is referred to as 'indirect supplies'. Which of the following items are examples of indirect supplies in a water bottling plant?

    Lubricants for maintenance of production machines

    Computer cartridges for the procurement office

    Reams of printed labels to stick on water bottles

    Blue-coloured plastic caps to seal the water bottles

Options:

A.

1 and 2 only

B.

1 and 3 only

C.

2 and 3 only

D.

3 and 4 only

Discussion
Question 29

Assuming that all other factors are constant except one, the net present value of a capital expendi-ture increases when...?

Options:

A.

The initial cost of a project increases

B.

The discounted rate increases

C.

Net cash flow during a time period increases

D.

Cash outflow during a time period increases

Discussion
Question 30

Stockyards are suitable for specific materials with which of the following characteristics? SelectTWOthat apply.

Options:

A.

Equipment only suited for inside storage

B.

Equipment with a long delivery lead time

C.

Items that are bulky and individually packed

D.

Small equipment that is of relatively low value

E.

Equipment that requires larger specialised handling

Discussion
Question 31

A hospital is purchasing a new software product that will advise nurses when to give medications to hospitalised patients. This is a mobile application that will be used on tablets carried by the nurses. The software is being developed and tested by a company that specialises in mobile medical applications. This software will interface with existing hospital software that orders the medications from the pharmacy. Which acceptance test activity will be required to check whether the new software integrates well with current IT system?

Options:

A.

Health and safety testing

B.

Dry running

C.

Stress testing

D.

Compatibility testing

Discussion
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