Free CPSM Exam Braindumps (page: 11)

Page 11 of 33

A physical stock checking system in which the inventory is divided into groups that are physically counted at predetermined intervals is called:

  1. Continuous inventory
  2. Cycle counting
  3. Reconciliation
  4. None of the above

Answer(s): B



The inventory reporting measures format is typically presented in which of the following way?

  1. weeks of supply
  2. average aggregate inventory
  3. inventory turnover
  4. All of the above

Answer(s): D



Which of the following is NOT the component used to calculate the inventory holding costs?

  1. Released rates
  2. Invested funds
  3. Shrinkage
  4. Obsolescence

Answer(s): A



With what an organization's inventory values are kept continuously in line with its actual inventory on hand?

  1. Services inventory control system
  2. Perpetual inventory control system
  3. Periodic inventory control system
  4. Temporary inventory control system

Answer(s): B



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Vicky commented on July 14, 2024
Very nice question designed for practice.
Anonymous
upvote