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CIPS L3M3 Exam - 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?

ACrane for a construction site

BA single photocopier for long-term office use

CContract caterer for staff restaurant

DSupply of fresh flowers for the reception desk

Show Suggested 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.

by Youlanda at Sep 17, 2024, 11:18 AM

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Nakisha

7 months ago

C could also be tricky, catering costs can add up fast!

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Elinore

8 months ago

Wait, are we really comparing flowers to a photocopier? Seems off.

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Val

8 months ago

A crane is a big investment, so it makes sense to calculate costs.

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Glen

8 months ago

I agree, whole life cost for flowers seems unnecessary.

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Lacey

8 months ago

Definitely D, flowers are just a small expense.

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Merri

9 months ago

I’m torn between the caterer and the flowers. I think the flowers are probably the least likely, but I could see arguments for both.

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Lon

9 months ago

The supply of fresh flowers feels like the least likely option for whole life cost calculations. It’s more of a recurring expense rather than a long-term investment.

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Chan

9 months ago

I remember practicing a question about office equipment and how it relates to long-term costs. The photocopier seems like it could fit, but I’m not confident.

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Annette

9 months ago

I think the crane might be more suitable for whole life cost calculations since it's a significant investment, but I'm not entirely sure.

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Jackie

9 months ago

The supply of fresh flowers seems the least likely to have substantial whole life costs. It's a recurring expense, but the individual costs are probably low.

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Rosalind

9 months ago

For the crane, the usage and maintenance costs would likely be the most significant factors. The other options seem more straightforward to analyze.

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Laila

9 months ago

Hmm, I'm not sure about this one. The whole life cost calculations could vary a lot depending on the specific details of each scenario.

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Dulce

9 months ago

This question seems straightforward. I'd focus on considering the long-term costs and usage patterns for each option.

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Arthur

2 years 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 years ago

I disagree. I think the fresh flowers for the reception desk are least likely.

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Mose

2 years 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

2 years ago

D) Supply of fresh flowers for the reception desk

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Yolande

2 years ago

C) Contract caterer for staff restaurant

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Cecily

2 years ago

B) A single photocopier for long-term office use

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Tracey

2 years ago

A) Crane for a construction site

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Blondell

2 years 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

2 years ago

I agree with Lashonda. The crane is a one-time use item.

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Dacia

2 years 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

2 years 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

2 years 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 years 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

2 years ago

Definitely not the crane - that's a major investment that needs careful whole life cost analysis.

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Arleen

2 years ago

I think the fresh flowers would be the least likely to lend itself to whole life cost calculations.

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Casie

2 years ago

D) Supply of fresh flowers for the reception desk

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Tori

2 years ago

Yes, the contract caterer would be more straightforward to calculate costs for.

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Howard

2 years ago

C) Contract caterer for staff restaurant

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Chandra

2 years ago

I agree, the crane is a big investment that requires thorough cost analysis.

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Levi

2 years ago

A) Crane for a construction site

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Lashonda

2 years ago

I think the crane for a construction site is least likely.

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