Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIMA Exam CIMAPRA19-F01-1 Topic 5 Question 107 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 107
Topic #: 5
[All CIMAPRA19-F01-1 Questions]

An entity has an inventory holding period of 52 days.

This means that the inventory:

Show Suggested Answer Hide Answer
Suggested Answer: B

Contribute your Thoughts:

Gayla
20 days ago
D) would be a hilarious answer, but unfortunately it's not what the question is asking. Gotta go with B) on this one.
upvoted 0 times
Cherelle
3 days ago
A) takes 52 days to arrive after it has been ordered.
upvoted 0 times
...
...
Joaquin
22 days ago
Haha, I bet the person who wrote this question has been in a few too many warehouse management meetings. B) is the way to go.
upvoted 0 times
Jamey
10 days ago
Yeah, definitely B) is the correct answer.
upvoted 0 times
...
Frank
17 days ago
I agree, B) stays in the entity's warehouse for an average of 52 days before it is sold.
upvoted 0 times
...
...
Brandon
30 days ago
I agree, B) is the correct choice. The question specifies the inventory 'holding period', so it's clearly referring to the time the inventory sits in the warehouse before being sold.
upvoted 0 times
Bernardo
6 days ago
Definitely. The holding period is all about how long the inventory sits in the warehouse before being sold.
upvoted 0 times
...
Adell
8 days ago
Yeah, I agree. It wouldn't make sense for it to be about manufacturing or payment.
upvoted 0 times
...
Leslee
9 days ago
I think B) is the right answer too. It makes sense based on the definition of inventory holding period.
upvoted 0 times
...
...
Dorathy
1 months ago
I'm not sure, but I think it makes sense that the answer is B. It wouldn't make sense for it to take 52 days to arrive after being ordered.
upvoted 0 times
...
Tess
1 months ago
I agree with Tarra. The inventory holding period refers to how long the inventory sits in the warehouse before being sold.
upvoted 0 times
...
Tesha
1 months ago
B) seems like the right answer to me. 52 days is a pretty standard inventory holding period for a lot of businesses.
upvoted 0 times
Miesha
3 days ago
C) takes 52 days to manufacture.
upvoted 0 times
...
Monte
5 days ago
B) stays in the entity's warehouse for an average of 52 days before it is sold.
upvoted 0 times
...
Monroe
18 days ago
A) takes 52 days to arrive after it has been ordered.
upvoted 0 times
...
...
Tarra
1 months ago
I think the answer is B) stays in the entity's warehouse for an average of 52 days before it is sold.
upvoted 0 times
...

Save Cancel