CIPS Exam L3M5 Topic 1 Question 12 Discussion

Actual exam question for CIPS's L3M5 exam

Question #: 12
Topic #: 1

[All L3M5 Questions]

Approximately what percentage of costs, of running heavy goods vehicles (HGVs), is accounted for by fuel costs?

A33%

B20%

C51%

D7%

Show Suggested Answer

Suggested Answer: B

The correct answer is roughly one-third, or 33%.

This means that fuel costs are very important to road haulage firms, and alternative means of either transportation or power for trucks would be desirable, both to reduce costs and to aid the environ-ment.

Using your learning and your experience, what do you think the other main costs are of running a heavy goods vehicle fleet? I'll leave you to come up with some of the key areas yourself.

(L3M6)

by Lajuana at Jun 03, 2024, 08:33 PM

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Dylan

4 months ago

Ah, the age-old question: how much do we spend on gas for those hulking HGVs? I'd say C) 51% is the way to go. Fuel is the bane of every truck driver's existence.

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Catarina

4 months ago

Hmm, I'm not sure. Maybe D) 7%? That would be nice, but I doubt it's that low. Gotta keep those big rigs fueled up!

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Reena

3 months ago

Yeah, I agree. A) 33% seems more realistic considering the amount of fuel those big rigs need.

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Santos

4 months ago

I think it's actually closer to A) 33%. Fuel costs can really add up for heavy goods vehicles.

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Lashaunda

5 months ago

I'm going with B) 20%. That seems like a more reasonable estimate for fuel costs compared to the other options.

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Vinnie

4 months ago

I agree with you, fuel costs can be a significant portion of the overall expenses.

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Blossom

4 months ago

I think it's actually C) 51%. Fuel costs can really add up when running heavy goods vehicles.

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Leonie

5 months ago

But fuel costs are a significant portion of running HGVs, so I still think it's A)

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Desmond

5 months ago

I disagree, I believe it's B) 20%

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Leonie

5 months ago

I think it's A) 33%

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Tasia

5 months ago

I think it's C) 51%. Fuel costs are a huge part of operating HGVs, especially with the rising gas prices these days.

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Curtis

5 months ago

I agree, fuel costs can really add up and make a big impact on the overall expenses.

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Ernest

5 months ago

I agree with you, I also think it's C) 51%. Fuel prices can really add up, especially for heavy goods vehicles.

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Maybelle

5 months ago

I think it's C) 51%. Fuel costs are a huge part of operating HGVs, especially with the rising gas prices these days.

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Latosha

5 months ago

I would go with A) 33%. Fuel costs are significant, but I don't think they make up more than half of the total costs.

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Adell

5 months ago

I agree, fuel costs can really add up and make a big impact on the overall expenses.

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Eugene

5 months ago

I think it's C) 51%. Fuel costs are a huge part of operating HGVs, especially with the rising gas prices these days.

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Glynda

5 months ago

I think it's C) 51%. Fuel costs are a huge part of operating HGVs, especially with the rising gas prices these days.

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