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ISM Exam CPSM1 Topic 1 Question 83 Discussion

Actual exam question for ISM's CPSM1 exam
Question #: 83
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:

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Suggested Answer: B

Contribute your Thoughts:

Carisa
4 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
4 months ago
I'm not sure, but I think it could also be A) Inventory proceeds.
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Raymon
5 months ago
I agree with Genevive, because inventory turnover measures how efficiently a company is managing its inventory.
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Genevive
6 months ago
I think the answer is B) Inventory turnover.
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