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Question 16

Which method of record audit is concerned with the total value of inventory?

Options:

A.

Weight counts

B.

Cycle counts

C.

Physical inventory

D.

Sampling records

Question 17

Which of the following processes is concerned with the change of ownership of goods and services?

Options:

A.

Distribution channel

B.

Supply chain

C.

Transaction channel

D.

Value chain

Question 18

Consignment stock is typically owned by:

Options:

A.

a supplier until consumed.

B.

the company who will consume the stock.

C.

a joint trust set up for this purpose.

D.

the carrier who transports the stock.

Question 19

Which of the following describes a competitive characteristic that a firm must exhibit to be considered as a supplier in a market?

Options:

A.

Marketing research

B.

Manufacturing automation

C.

Order qualifier

D.

Order winner

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CPIM CPIM-BSP APICS Study Notes, Free CPIM-BSP Questions Attempt, Download Full Version CPIM-BSP APICS Exam, PDF CPIM-BSP Study Guide,
Exam Code: CPIM-BSP
Exam Name: CPIM - Basics of Supply Chain Management
Last Update: Mar 21, 2024
Questions: 155
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