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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:

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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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Carlene
2 days 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
4 days 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
10 days ago
I think the answer is D) Long life.
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