CIPS Exam L3M2 Topic 4 Question 17 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 17
Topic #: 4

[All L3M2 Questions]

The usefulness of lifetime costing is for decision-making about whether to acquire an asset with an expected:

AAfter life

BShelf life

CShort life

DLong life

Show Suggested Answer

Suggested Answer: C

Actual cost and budgeted costs may / will vary. Examples might include materials variances and labour variances.

by Crista at Aug 03, 2024, 08:24 AM

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Adelina

1 months ago

Ah, the good old 'long life' option. The classic choice for anyone trying to make a smart investment.

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Audry

1 days ago

It's true, the 'long life' option can provide the best return on investment.

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Verona

2 days ago

I always go for the 'long life' option when it comes to acquiring assets.

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Scot

6 days ago

Definitely, it's important to consider the lifetime cost when making investment decisions.

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Candida

9 days ago

I agree, the 'long life' option is usually the most cost-effective in the long run.

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Rueben

2 months ago

Shelf life? Like, for a refrigerator or something? I feel like that's not quite the right answer here.

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Eden

12 days ago

C) Short life

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Carin

13 days ago

B) Shelf life

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Sarina

17 days ago

A) After life

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Reita

2 months ago

Definitely looking for a long life asset. Gotta get that bang for my buck, you know?

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Devora

23 days ago

Long life assets are definitely the way to go for getting the most value over time.

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Paz

1 months ago

Yeah, I always aim for long-lasting assets to make sure I get the most out of my investment.

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Vincent

1 months ago

I think option D) Long life would be the best choice for maximizing the value of the asset.

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Valentin

2 months ago

I agree, it's important to consider the long-term benefits when making a decision like this.

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Noelia

2 months ago

Haha, 'After life'? Is this a question about acquiring a haunted asset or something? I'll have to pass on that one.

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Beula

28 days ago

Haha, 'After life'? Is this a question about acquiring a haunted asset or something? I'll have to pass on that one.

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Valentine

29 days ago

D) Long life

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Magnolia

1 months ago

C) Short life

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Lynelle

2 months ago

B) Shelf life

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Micaela

2 months ago

A) After life

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Carlene

2 months ago

I'm not sure, but I think it's important to consider the long-term costs before making a decision.

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Lindy

2 months ago

I agree with Lovetta, because lifetime costing helps in evaluating the total cost over the asset's long life.

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Lovetta

2 months ago

I think the answer is D) Long life.

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