ISM Exam CPSM1 Topic 1 Question 83 Discussion

Actual exam question for ISM's CPSM1 exam

Question #: 83
Topic #: 1

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 Laurel at Mar 16, 2024, 04:50 PM

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Carisa

5 months ago

I believe it's B) Inventory turnover, as it shows how quickly a company is selling its inventory.

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Paz

5 months ago

I'm not sure, but I think it could also be A) Inventory proceeds.

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Raymon

6 months ago

I agree with Genevive, because inventory turnover measures how efficiently a company is managing its inventory.

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Genevive

7 months ago

I think the answer is B) Inventory turnover.

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