| Exam Name: | Whole Life Asset Management | ||
| Exam Code: | L4M7 Dumps | ||
| Vendor: | CIPS | Certification: | CIPS Level 4 Diploma in Procurement and Supply |
| Questions: | 255 Q&A's | Shared By: | franco |
A procurement manager has agreed a contract for the acquisition of a piece of capital equipment and has negotiated a staged payment contract of 30% with order, 30% on delivery, and the remaining 40% on acceptance testing. Was this the right thing to do?
An organisation needs to determine whether to lease a piece of equipment or purchase it outright. From the following statements, which ones describe the advantages for a procurement organisation to lease rather than to purchase outright?
Capital allowances may be set against tax, and grants may be available
There is no initial investment which would tie up the organisation's working capital
It would protect against technological obsolescence as equipment can be replaced as required
The total cost may be higher than purchasing the equipment outright
When designing the layout of a warehouse or stores area, one of the factors to consider is the width of the aisles between the racking. Which of the following is a main consideration when calculating the aisle width?
TESTED 23 Feb 2025
