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:

Atakes 52 days to arrive after it has been ordered.

Bstays in the entity's warehouse for an average of 52 days before it is sold.

Ctakes 52 days to manufacture.

Dtakes 52 days to be paid for.

Show Suggested Answer

Suggested Answer: B

by Sylvia at Feb 06, 2025, 11:48 PM

Limited Time Offer

25%

Off

Contribute your Thoughts:

Submit Cancel

2 days 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

...

5 days 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

...

5 days 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

...