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L4M7 Exam Dumps : Whole Life Asset Management

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Whole Life Asset Management Questions and Answers

Question 1

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 The current labelling system is outdated and unreliable.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

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Question 2

SpeedyCar GmbH is a vehicle manufacturer that is launching a new electric vehicle onto the market, replacing a previous diesel vehicle. There is a lot of equipment in the manufacturing site to be changed, some new machinery to replace older machinery, and some production equipment to decommission. The costs of decommissioning would include which of the following?

Options:

A.

Costs to upgrade electric vehicle charging facilities

B.

Decontamination and cleaning costs for site areas

C.

Sales and marketing costs of the new electric vehicle

D.

Engineering drawing fees for the new electric vehicle designs

Question 3

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