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CIPS L4M8 Exam - Topic 10 Question 77 Discussion

SIMULATIONWrite down a list of assets that belong to an organization with which you are familiar.
A) See the answer in explanation.

CIPS L4M8 Exam - Topic 10 Question 77 Discussion

Actual exam question for CIPS's L4M8 exam
Question #: 77
Topic #: 10
[All L4M8 Questions]

SIMULATION

Write down a list of assets that belong to an organization with which you are familiar.

Show Suggested Answer Hide Answer
Suggested Answer: A

Assets are things that an organization owns regarded as having value and available to meet debt and generate revenue. The following are list of assets owned by Fullpower project, a shoe manufacturing firm;

1) Machinery,

2) a factory,

3) an innovative software,

4) skills of its personnel,

5) land,

6) Distribution network.

7) Its long time relationship with experienced suppliers of raw materials and Distributors of finished shoes.


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Lucina
3 days ago
They have a huge data center and a fleet of delivery trucks.
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Ashlee
8 days ago
I remember discussing physical assets like equipment and buildings, but I'm worried I might forget some key categories during the exam.
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Krystal
13 days ago
I feel like I should include software licenses as assets, but I can't recall if they count as tangible or intangible.
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Taryn
18 days ago
I practiced a similar question where I had to categorize assets into current and fixed. I hope I can remember that distinction here.
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Marget
23 days ago
I think I remember that assets can include both tangible and intangible items, but I'm not sure if I should list things like brand reputation.
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