Free CIPS L4M7 Exam Questions

Become CIPS Certified with updated L4M7 exam questions and correct answers

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Total 343 Questions | Updated On: Jul 05, 2022
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Question 1

What advantage can the use of ABC classification of stock provide in warehouse design? 


Answer: C
Question 2

Which of the following are examples of subjective methods of forecasting? Select TWO that apply. Trend line analysis Moving averages Market research Expert opinion Seasonal variations


Answer: B
Question 3

Which of the following can replace pallets as bases for unit loads but they require push pull accessories to retrieve or discharge unit load?


Answer: D
Question 4

GAP Ltd is a growing retail business. It spends a lot of money on buying stock for sale. However, the procurement process is still largely manual. This manual process contains a lot of tasks that are repeated for each procurement event and time consuming. The company management team decides to adopt procure-to-pay (P2P) software in order to eliminate duplicate activities and improve process efficiencies. Which type of cost is GAP targeting?


Answer: C
Question 5

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


Answer: C
Page:    1 / 69      
Total 343 Questions | Updated On: Jul 05, 2022
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