Online Access Free APICS.CSCP.v2023-01-30.q165 Practice Test (Page 18)

CSCP Exam Question 81

Raw material costs have been rising and much of the inventory has been in-house for several months. Which of the following inventory accounting methods would maximize reported company assets?

A.Moving average cost

B.First in, first out (FIFO)

C.Activity-based cost

D.Last in, first out (LIFO)

CSCP Exam Question 82

A company would like to benchmark its inventory levels against other companies. Which of the following metrics is best to use for this purpose?

A.Cash-to-cash cycle time

B.Days of supply

C.Fill rate

D.Net asset turns

CSCP Exam Question 83

An increase in the inventory turnover rate for a supply chain typically would indicate that there has been a reduction in:

A.the manufacturer's inventory.

B.supply chain cost of sales.

C.the total supply chain inventory.

D.prices to the end user.

CSCP Exam Question 84

Which of the following scenarios represents a correct application of the Supply-Chain Operations Reference-model (SCOR)?

A.Sales and marketing refers to SCOR to improve demand generation.

B.Marketing and development incorporates SCOR Level I metrics for new product design.

C.Production and engineering uses SCOR best practices to design a new "make" process flow.

D.Distribution and logistics selects suppliers from the SCOR reference list.

CSCP Exam Question 85

The four risks of supply chain risk management are supply, demand,:

A.process, and environmental.

B.quality, and process.

C.value, and environmental.

D.value, and sustainability.

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