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CIPS CIPS Level 4 Diploma in Procurement and Supply L4M7 New Questions

Page: 10 / 15
Total 255 questions

Whole Life Asset Management Questions and Answers

Question 37

Which of the following is the material handling equipment which uses the suction force to lift an item?

Options:

A.

Vacuum lifter

B.

Sack truck

C.

Dolly

D.

Pallet stacker

Question 38

Holding inventory is key to ensure that an organisation can maintain production and meet customer demands. Which of the following are classes of inventory? SelectTHREEthat apply.

Options:

A.

Raw material

B.

Machines

C.

Finished products

D.

Sub-assemblies

E.

Scrap components

F.

Forklift trucks

Question 39

PPC Refinery (UK) must close down an out-of-date refinery which has very poor environmental performance. The refinery is very sophisticated with many technically complicated machineries, lubricants, coolants and other chemical substances. Decommissioning the refinery is highly risky and hazardous. To manage the decommissioning process well, PPC project team must know these machineries and substances in details. Which document can provide the technical details on the refinery?

Options:

A.

Original specifications

B.

Non-disclosure agreement

C.

Code of Conduct

D.

Corporate social responsibility policy

Question 40

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

Page: 10 / 15
Total 255 questions