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CIPS Exam L3M5 Topic 4 Question 29 Discussion

Actual exam question for CIPS's L3M5 exam
Question #: 29
Topic #: 4
[All L3M5 Questions]

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

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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)


Contribute your Thoughts:

Elsa
2 days ago
Ha! If fuel costs were only 7%, I'd start driving an HGV myself!
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Kimberely
12 days ago
I'm not sure, but I think it's between A) 33% and C) 51%.
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Tien
14 days ago
Hmm, I'd go with A) 33%. Seems like a reasonable estimate for fuel costs.
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Lashunda
15 days ago
I disagree, I believe it's C) 51%.
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Jani
16 days ago
I think the answer is A) 33%.
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Nan
30 days ago
Definitely not D) 7%, that's way too low. My guess is B) 20%.
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Freeman
1 months ago
I think it's C) 51%. Fuel costs are a major component of running HGVs.
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Hubert
4 days ago
I agree, I think it's A) 33% as well. Fuel costs can really add up.
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Letha
13 days ago
I would go with A) 33%. It's still a significant portion of the costs.
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Cyril
23 days ago
I think it's C) 51%. Fuel costs are a major component of running HGVs.
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