Free Practice CIPS L4M7 Exam Questions 2025

Stay ahead with 100% Free Whole Life Asset Management L4M7 Dumps Practice Questions

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Total 343 Questions | Updated On: Jun 06, 2025
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Question 1

Which of the following are critical factors that must be considered when evaluating warehouse or storage locations? The cost of the proposed locationWho owns the storage location or warehouse Access to transport networks The number of windows in the building


Answer: A
Question 2

What does MRP software schedule?


Answer: D
Question 3

What is the main goal of just-in-time?


Answer: A
Question 4

An organization might find it more beneficial to lease and use an asset over a predetermined period. After this period, the lessee has the right to secure outright ownership of the asset by paying an agreed amount; otherwise, the asset would be repossessed by the lessor. Which of the following is an advantage of leasing?


Answer: B
Question 5

The managing director requires action to be taken to improve the organization’s profitability and has asked for suggestions to enable this to be achieved. The procurement manager has said that a just-in-time (JIT) system should be introduced. Would such a system improve profitability?


Answer: A
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Total 343 Questions | Updated On: Jun 06, 2025
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