APICS Exam CPIM-BSP Topic 1 Question 105 Discussion

Actual exam question for APICS's CPIM-BSP exam

Question #: 105
Topic #: 1

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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6 days 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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7 days 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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9 days ago

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

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11 days ago

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

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