ITIL4F ITIL Management Practices Practice Question
Which ITIL 4 practice is responsible for managing the lifecycle of IT assets from acquisition to disposal?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
IT Asset Management
IT Asset Management manages the lifecycle of IT assets, including financial aspects. Option A is correct. Service Configuration Management manages configuration items and their relationships. Change Enablement handles changes. Supplier Management manages suppliers.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✓
IT Asset Management
Why this is correct
IT Asset Management manages the complete lifecycle of assets.
- ✗
Supplier Management
Why it's wrong here
Supplier Management manages suppliers, not IT assets directly.
- ✗
Change Enablement
Why it's wrong here
Change Enablement handles changes, not asset lifecycle.
- ✗
Service Configuration Management
Why it's wrong here
Configuration Management manages CIs and their relationships, not the financial lifecycle.
Go deeper
Related to this question
About these practice questions
This ITIL4F question is part of Courseiva's 531-question bank — original exam-style content with full explanations and wrong-answer analysis, never real exam questions or exam dumps. Learn why practice questions differ from exam dumps →
JA
Written by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
This ITIL4F practice question is part of Courseiva's free PeopleCert certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the ITIL4F exam.