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CIPS Exam L3M5 Topic 3 Question 27 Discussion

Actual exam question for CIPS's L3M5 exam

Question #: 27
Topic #: 3

[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 Roy at Dec 09, 2024, 11:36 PM

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Chandra

2 months ago

I'm going with C) 51%, because fuel prices have been increasing lately

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Reita

2 months ago

Hmm, I'd say C. 51% sounds about right, considering how much those trucks guzzle down.

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Cristina

17 days ago

I don't think it's D) 7%, that seems too low for such heavy vehicles.

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Refugia

20 days ago

I'm leaning towards C) 51%, those trucks definitely consume a lot of fuel.

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Truman

21 days ago

I agree, B) 20% seems a bit low for the amount of fuel they use.

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Lynda

25 days ago

I think it's actually A) 33%, fuel costs can really add up.

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Jackie

2 months ago

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

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Malcom

2 months ago

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

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Jackie

2 months ago

I think the answer is A) 33%

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Ahmad

2 months ago

Ooh, tricky one. I'm going to go with B, 20%. Gotta keep those fuel costs down, am I right?

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Sueann

1 months ago

I'm not sure, but I'll go with D, 7%. Hopefully fuel costs aren't too high.

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Matt

1 months ago

I agree with you, B, 20% seems like a reasonable estimate for fuel costs.

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Alexia

2 months ago

I'm going with A, 33%. Fuel costs are a big part of running HGVs.

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Glennis

2 months ago

I think it's actually C, 51%. Fuel costs can really add up.

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Lorean

3 months ago

Haha, D? Really? 7%? That's like running a truck on unicorn tears or something.

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Willow

3 months ago

I'm pretty sure the answer is C. Fuel costs account for a large portion of HGV expenses.

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Colton

2 months ago

Yeah, fuel costs are a major expense for HGV operators.

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Carmelina

2 months ago

I'm not sure, but I think it's around 51%.

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Yoko

2 months ago

I agree, fuel costs can really add up.

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Mignon

2 months ago

I think the answer is C. Fuel costs are a big part of running HGVs.

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