APICS Exam CPIM-BSP Topic 2 Question 96 Discussion

Actual exam question for APICS's CPIM-BSP exam

Question #: 96
Topic #: 2

[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 Carin at Sep 09, 2024, 07:58 AM

Limited Time Offer

25%

Off

Get Premium CPIM-BSP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Katie

2 months ago

I believe the correct answer is A) a supplier until consumed because they are responsible for the stock until it is used.

upvoted 0 times

...

Felix

2 months ago

I'm not sure, but I think it makes sense for the supplier to own the stock until it's used.

upvoted 0 times

...

Robt

2 months ago

I agree with Ashlyn, the supplier owns the consignment stock.

upvoted 0 times

...

Julene

3 months ago

Whoa, a joint trust? That's like something out of a spy movie! I'm gonna go with A on this one.

upvoted 0 times

...

Shannan

3 months ago

I'm feeling confident about A. The supplier has to hold onto it, otherwise it'd be chaos!

upvoted 0 times

Isadora

1 months ago

I think it's actually the company who will use it, not the supplier.

upvoted 0 times

...

Merilyn

2 months ago

B) the company who will consume the stock.

upvoted 0 times

...

Berry

2 months ago

That makes sense, the supplier should own it until it's used.

upvoted 0 times

...

James

2 months ago

A) a supplier until consumed.

upvoted 0 times

...

Ashlyn

3 months ago

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

upvoted 0 times

...

Kallie

3 months ago

Definitely A. The supplier has to own it until we use it, right? Or else how would they keep track of it all?

upvoted 0 times

Virgina

2 months ago

B) the company who will consume the stock.

upvoted 0 times

...

Kristin

2 months ago

Exactly, the supplier needs to own it until we use it.

upvoted 0 times

...

Onita

2 months ago

A) a supplier until consumed.

upvoted 0 times

...

Gregoria

3 months ago

Hmm, I'm pretty sure it's A. I mean, why would the company who's gonna use the stock own it? That doesn't make much sense.

upvoted 0 times

...

Glory

3 months ago

Ooh, this one's a tricky one! I'm guessing it's A, but I could be totally off base.

upvoted 0 times

Teresita

2 months ago

I'm not sure, but I think it might be C, a joint trust set up for this purpose.

upvoted 0 times

...

Melodie

3 months ago

I think it's actually B, the company who will consume the stock.

upvoted 0 times

...