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CIPS Exam L3M3 Topic 4 Question 22 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 22
Topic #: 4
[All L3M3 Questions]

Which of the following is least likely to lend itself to whole life cost calculations?

Show Suggested Answer Hide Answer
Suggested Answer: D

Not only are the flowers a relatively short-term acquisition of low value, there are unlikely to be many whole life cost elements / possibilities.

The other suggestions however, contain a minefield of long-term cost possibilities.


Contribute your Thoughts:

Arthur
2 months ago
Hmm, the flowers sound like the right answer. Unless they're planning to grow their own roses in the lobby. Then it gets complicated.
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Jani
2 months ago
I disagree. I think the fresh flowers for the reception desk are least likely.
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Mose
2 months ago
The contract caterer seems least likely. Who knows how long they'll be around or what their hidden charges could be. Whole life is crucial there.
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Charlena
1 months ago
D) Supply of fresh flowers for the reception desk
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Yolande
2 months ago
C) Contract caterer for staff restaurant
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Cecily
2 months ago
B) A single photocopier for long-term office use
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Tracey
2 months ago
A) Crane for a construction site
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Blondell
3 months ago
Fresh flowers for the reception? Come on, that's the easiest one to calculate. Just the weekly/monthly cost, right?
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Katlyn
3 months ago
I agree with Lashonda. The crane is a one-time use item.
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Dacia
3 months ago
A single photocopier? Nah, that's a long-term asset that requires ongoing maintenance and energy costs. Whole life is a must.
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Rolland
1 months ago
A single photocopier for long-term office use definitely requires whole life cost calculations, it's not something you can overlook.
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Rhea
1 months ago
I agree, the contract caterer for staff restaurant and supply of fresh flowers for the reception desk have ongoing costs that need to be considered.
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Aide
2 months ago
I think the crane for a construction site is least likely to lend itself to whole life cost calculations.
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Gene
3 months ago
Definitely not the crane - that's a major investment that needs careful whole life cost analysis.
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Arleen
1 months ago
I think the fresh flowers would be the least likely to lend itself to whole life cost calculations.
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Casie
1 months ago
D) Supply of fresh flowers for the reception desk
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Tori
2 months ago
Yes, the contract caterer would be more straightforward to calculate costs for.
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Howard
2 months ago
C) Contract caterer for staff restaurant
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Chandra
2 months ago
I agree, the crane is a big investment that requires thorough cost analysis.
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Levi
3 months ago
A) Crane for a construction site
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Lashonda
3 months ago
I think the crane for a construction site is least likely.
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