PASS GUARANTEED QUIZ 2025 PROFESSIONAL L4M7: NEW CIPS WHOLE LIFE ASSET MANAGEMENT TEST TESTKING

Pass Guaranteed Quiz 2025 Professional L4M7: New CIPS Whole Life Asset Management Test Testking

Pass Guaranteed Quiz 2025 Professional L4M7: New CIPS Whole Life Asset Management Test Testking

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Tags: New L4M7 Test Testking, Examcollection L4M7 Vce, Reliable L4M7 Exam Answers, L4M7 Valid Test Voucher, L4M7 Test Pass4sure

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CIPS L4M7 (CIPS Whole Life Asset Management) Certification Exam is a globally recognized certification that validates the knowledge and skills required to efficiently manage assets throughout their entire lifecycle. CIPS Whole Life Asset Management certification is designed for professionals who are involved in asset management, such as engineers, project managers, facility managers, and maintenance managers.

CIPS L4M7 Certification Exam is a comprehensive exam that covers a wide range of topics related to asset management, including asset planning, acquisition, maintenance, disposal, and performance management. L4M7 Exam is designed to test the skills and knowledge required to effectively manage assets throughout their entire life cycle.

CIPS L4M7 exam covers a range of topics related to asset management, including the principles of asset management, the asset lifecycle, risk management, and financial management. L4M7 exam also covers practical aspects of asset management, such as asset tracking, maintenance scheduling, and disposal procedures.

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CIPS Whole Life Asset Management Sample Questions (Q255-Q260):

NEW QUESTION # 255
Which of the following are advantages for a purchasing organisation when adopting a leasing method of acquiring equipment?
* The initial purchase cost of the equipment is avoided
* The payments can be met from daily trading income
* The buyer can freely switch to newer technology whenever they wish
* The buyer is not responsible for any damage at the end of the contract

  • A. 2 and 4 only
  • B. 1 and 4 only
  • C. 1 and 2 only

Answer: C


NEW QUESTION # 256
ASI Ltd is known for its commitment to sustainability. ASI builds railroad ties and pilings using recycled plastic bottles and industrial waste instead of standard materials such as wood, steel, and cement. This practice helps the company save 15% in compare with traditional material purchases. Which pillar of sustainability would include the practice of ASI Ltd?

  • A. Planet and Profit
  • B. Profit and People
  • C. People and Planet
  • D. Profit and Expense

Answer: A

Explanation:
The triple bottom line is a sustainability framework that examines a company's social, environment, and economic impact (or People, Planet, Profit). ASI Ltd practice would reduce the waste into the environment as well as keep the business more profitable. So the correct answer should be Planet and Profit.


NEW QUESTION # 257
The optimum balance in the standard ISO 18602:2013 (Packaging and the environment - Optimi-zation of the packaging system) considers which of the following factors?
1. Environmental impact of losses due to lack of packaging
2. The process for packaging design, including material selection
3. Procedures and requirements for packaging that are suitable for organic recycling
4. Environmental impact of excess packaging

  • A. 2 and 3 only
  • B. 2 and 4 only
  • C. 1 and 4 only
  • D. 1 and 3 only

Answer: C

Explanation:
ISO 18602:2013 is about Packaging and the environment - Optimization of the packaging system. ISO 18602:2013 specifies requirements and a procedure for assessment of packaging to ensure that the weight or volume of its material content is optimized consistent with the functions of packaging. This is one of several options for reducing the impact of packaging on the environment.
It also provides methodologies and procedures for
- determining the amount and minimization of substances or mixtures hazardous to the environ-ment, and
- determining the amount of four heavy metals (lead, cadmium, mercury, hexavalent chromium) in packaging.
The optimum balance in this standard weighs the environmental impact of losses that may happen with no packaging or inadequate packaging against the environmental impact from excess packag-ing.
The process for packaging design, including material selection, is not part of ISO 18602:2013.
The procedure for applying ISO 18602:2013 is contained in ISO 18601.
Reference:
LO 1, AC 1.3


NEW QUESTION # 258
Which of the following are typical characteristics of 2D barcodes? Select TWO that apply.

  • A. Every 2D barcodes must conform international standards
  • B. The 2D barcodes are machine-readable
  • C. 2D barcodes are exclusively used for marketing purpose
  • D. 2D barcodes can be read by linear scanners
  • E. 2D barcodes can contain more data than 1D barcodes

Answer: B,E

Explanation:
Two-dimensional (2D) barcodes look like squares or rectangles that contain many small, individual dots. This has many different types (i.e. Data matrix, QR codes, Aztec code,...) and several different standards in use (i.
e. GS1 standards, ISO/IEC 18004:2015). It can be substituted for 1D barcode, but it has the capability to hold a larger amount of data. For examples, GS1 Data Matrix can contain 3116 Numeric characters or 2335 Alphanumeric characters while GS1-128 barcode has maximum capacity of 48 characters.
Like 1D barcodes, 2D barcodes are also machine-readable with dots/squares and spaces. They have symbology like this:
Since the code is two dimensional, conventional laser scanner can't read it. 2D barcodes require imaging scanner to read.
2D barcodes can be also used for different purposes throughout the supply chain: identifying prod-ucts/SKU (single unit, packaged or pallet), identifying content of a purchase order or delivery, identifying the batch number from which the item originates, identifying the manufacturer, country of origin etc, tracking status of an order, shipment or delivery


NEW QUESTION # 259
Contracts for hire is a method for renting an item from a business that exists to provide items for use from time to time. A contract for hire has which of the following features?

  • A. The person hiring the item contracts to use the item for a stated period, at an agreed rate per period, on agreed terms
  • B. At the end of the hire period, the person hiring the item keeps possession and lends to other customers
  • C. A contract for hire is an agreement for the person hiring out the item to sell it to the person hiring the item
  • D. Ownership of the item transfers to the person hiring the item at the end of the agreed hire period

Answer: A

Explanation:
A contract for hire allows the hirer to use the item for an agreed period and rate, without ownership transferring. This option provides flexibility and avoids the financial commitment of ownership, aligning with whole-life asset management when short-term use or flexibility is more beneficial than purchase.


NEW QUESTION # 260
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