APICS Exam CPIM-BSP Topic 1 Question 105 Discussion

Actual exam question for APICS's CPIM-BSP exam

Question #: 105
Topic #: 1

[All CPIM-BSP Questions]

Consignment stock is typically owned by:

Aa supplier until consumed.

Bthe company who will consume the stock.

Ca joint trust set up for this purpose.

Dthe carrier who transports the stock.

Show Suggested Answer

Suggested Answer: A

by Teresita at Jan 12, 2025, 07:09 AM

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Alexia

12 days ago

I'm going with A). Wouldn't want to be responsible for stock that isn't even mine. Leave that to the supplier!

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Edda

15 days ago

Consignment stock, huh? Sounds like a lot of 'stock' to keep track of if you ask me! But A) is the way to go.

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Billye

2 days ago

I agree, it's definitely a lot to keep track of!

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Danica

10 days ago

A) a supplier until consumed.

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Alison

29 days ago

I'm not sure, but I think it makes sense for the supplier to own the consignment stock until it is consumed.

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Cristina

1 months ago

D) is just silly. Why would the carrier own the stock? A) is clearly the right answer.

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Cristy

15 days ago

B) the company who will consume the stock.

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Pamella

16 days ago

A) a supplier until consumed.

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Ronald

16 days ago

I agree, the supplier owns the stock until it is consumed.

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Jennifer

1 months ago

B) makes sense, but the company doesn't actually own the stock until they use it. A) is the right choice here.

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Nu

1 months ago

A) is the correct answer. The supplier retains ownership of the consignment stock until it's consumed by the company.

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Tayna

6 days ago

Oh, I thought it was the company who owns it.

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Pearly

8 days ago

B) the company who will consume the stock.

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Peggie

9 days ago

That makes sense.

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Scot

10 days ago

A) a supplier until consumed.

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Loreta

1 months ago

I agree with Matthew, because consignment stock is usually owned by the supplier until it is used.

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Matthew

1 months ago

I think the answer is A) a supplier until consumed.

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