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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?

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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
6 months ago
C could also be tricky, catering costs can add up fast!
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Elinore
6 months ago
Wait, are we really comparing flowers to a photocopier? Seems off.
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Val
6 months ago
A crane is a big investment, so it makes sense to calculate costs.
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Glen
7 months ago
I agree, whole life cost for flowers seems unnecessary.
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Lacey
7 months ago
Definitely D, flowers are just a small expense.
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Merri
7 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
7 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
7 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
8 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
8 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
8 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
8 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
8 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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