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ISM Exam CPSM1 Topic 1 Question 102 Discussion

Actual exam question for ISM's CPSM1 exam

Question #: 102
Topic #: 1

[All CPSM1 Questions]

A measure of velocity of total inventory movement through the organization, found bydividing annual sales by the average aggregate inventory value maintained during theyear is called:

AInventory proceeds

BInventory turnover

CInventory yield

DInventory return

Show Suggested Answer

Suggested Answer: B

by Nickolas at Oct 24, 2024, 05:59 PM

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Ashton

3 months ago

Inventory turnover, fo' sho'. Gotta keep that stock moving, or else it's just collecting dust on the shelves. Not on my watch!

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Gerald

2 months ago

C) Inventory proceeds

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Mindy

2 months ago

B) Inventory yield

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Carmen

3 months ago

A) Inventory turnover

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Dortha

3 months ago

Inventory turnover, easy. Though I'm still trying to figure out how to get my hands on some of that 'inventory yield' the question mentions. Sounds like a sweet deal!

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Raul

3 months ago

I was debating between B and D, but turnover just makes more sense. Gotta keep that inventory flowing, am I right?

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Mitzie

2 months ago

Turnover is essential for managing inventory effectively.

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Willodean

2 months ago

Definitely, turnover is the best way to measure inventory movement.

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Sherron

2 months ago

Yeah, turnover is key to keeping inventory flowing efficiently.

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Jacquelyne

2 months ago

I agree, turnover is the correct measure for inventory movement.

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Lashawn

4 months ago

Inventory turnover, that's a no-brainer! It's the classic way to measure how quickly your inventory is moving through the business.

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Von

3 months ago

C) Inventory yield

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Art

3 months ago

No, that's not the correct term for measuring inventory movement.

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Shenika

3 months ago

B) Inventory turnover

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Kenneth

3 months ago

B) Inventory proceeds

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Rosamond

3 months ago

Exactly, it's a key metric for managing inventory effectively.

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Nu

3 months ago

A) Inventory proceeds

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Lezlie

3 months ago

A) Inventory turnover

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Alison

4 months ago

I agree with Harley. Inventory turnover makes sense because it measures how quickly inventory is being sold.

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Harley

4 months ago

I think the answer is B) Inventory turnover.

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