Practice paper
L2M1 Micro Exercise: 15 questions on total cost of ownership
Fifteen questions on total cost of ownership and total cost of acquisition, the costs that make up TCO from tooling to disposal, and procurement's cost objectives, with worked sums. Every answer is explained.
Independent practiceBack to the library
- Type
- Practice paper
- Module
- L2M1
- Subject
- Introducing procurement and supply
- Level
- CIPS Level 2
- Year
- 2026
- Format
- Access
- Free download
Written by Paul Gulston and produced independently by Caveat Emptor for study purposes. This is not an official CIPS publication or examination paper. All organisations and people in the scenarios are fictional.