Free CIPS L4M7 Exam Questions

Become CIPS Certified with updated L4M7 exam questions and correct answers

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Total 380 Questions | Updated On: Mar 25, 2026

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Question 1

Why do you need a life cycle asset management plan?

A : It is the basis of calculating the financial depreciation of the asset

B : It is used to calculate the manpower required to operate the asset

C : It is used to determine what the overall costs of disposing of the asset will be

D : It is a basis for planning resources and budgets to support the asset

Answer: D

Question 2

Which of the following are most likely the benefits of using unit loads? Select TWO that apply.

A : fer handling

B : crease transport time of each item

C : it loads must be placed on pallets

D : duce handling cost of one unit

E : nimise space utilisation

Answer: A,D

Question 3

Why do you need a life cycle asset management plan?

A : It is the basis of calculating the financial depreciation of the asset

B : It is used to calculate the manpower required to operate the asset

C : It is used to determine what the overall costs of disposing of the asset will be

D : It is a basis for planning resources and budgets to support the asset

Answer: D

Question 4

Which of the following are examples of acquisition costs for the buying organisation? Select TWO that apply.

A : The disposal costs of the assets

B : The costs associated with consumer product sales tax

C : The costs of approving and paying invoices

D : The advertising costs of the marketing company

E : The costs of the goods or materials

Answer: C,E

Question 5

What is the smallest aisle width that standard counterbalanced forklifts can operate in?

A : 4.9 ft - 5.2 ft

B : 10.5 ft - 13.1 ft

C : 5.6 ft - 5.9 ft

D : 6.9 ft - 7.2 ft

Answer: B

Page: 1 / 76

Total 380 Questions | Updated On: Mar 25, 2026

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