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CIPS L4M7 Exam With Confidence Using Practice Dumps

Exam Code:
L4M7
Exam Name:
Whole Life Asset Management
Certification:
CIPS Level 4 Diploma in Procurement and Supply
Vendor:
CIPS
Questions:
255
Last Updated:
Oct 29, 2025
Exam Status:
Stable
CIPS L4M7

L4M7: CIPS Level 4 Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the CIPS L4M7 (Whole Life Asset Management) exam? Download the most recent CIPS L4M7 braindumps with answers that are 100% real. After downloading the CIPS L4M7 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the CIPS L4M7 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the CIPS L4M7 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Whole Life Asset Management Questions and Answers

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Question 1

Which costs in the following list are categorised as operation costs in the total cost of ownership model? Select TWO that apply.

Options:

A.

Decommissioning costs

B.

Costs of any person who operates the equipment

C.

Installation and configuration costs

D.

Delivery costs

E.

Costs of consumables

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Question 2

Staff at DIY Products Inc (DPI) have been experiencing issues with the identification of stock items. The current labelling system is outdated and unreliable. DPI has therefore invested in a machine-readable approach. Each item has a unique number that is attached visibly to the packaging. This number can be deciphered by a scanner to aid identification. This approach is known as which of the following?

Options:

A.

Standard certification

B.

Bar coding

C.

Order tracking

D.

Product tagging

Question 3

RFID uses radio frequencies for the purpose of identification and tracking of assets. Which of the following are disadvantages of using RFID? SelectTHREEthat apply.

Options:

A.

RFID can be too expensive for many applications as compared to other tracking and identification methods

B.

RFID is a restriction in managing the updates of stocks during the transportation of products

C.

Interference has been observed to take place in RFID systems when devices such as hand-held, portable, two-way radios are in use

D.

RFID provides a much less robust type of security as compared to other forms of scanning system

E.

It is difficult for an RFID reader to read the information where tags are installed in liquid or metal products

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