CSCP APICS Exam Questions and Free Practice Test

Question 79

- (Topic 2)
A firm is undertaking a revision of its financial metrics to make them more comprehensive and has decided to use metrics such as return on investment (ROI), return on assets (ROA), and economic value added (EVA). This is an example of utilizing which of the following types of metrics?

A. Activity based

B. Stakeholder focused

C. Financial sustainability

D. Value chain

Correct Answer:C

Question 80

- (Topic 3)
In determining warehouse velocity, the average inventory level is calculated by dividing the
annual sales through the warehouse by the:

A. total square footage of the warehouse.

B. inventory turnover rates for the warehouse.

C. annual weight through the warehouse.

D. annual cube through the warehouse.

Correct Answer:B

Question 81

- (Topic 3)
Which of the following processes is included in reverse logistics?

A. Designing a new product out of recycled material

B. Restoring a worn-out product to like-new condition

C. Reducing the amount of packaging material in a product

D. Eliminating toxic materials in a product

Correct Answer::B

Question 82

- (Topic 3)
If a firm has 35 days of accounts payable outstanding and 55 days invested in inventory, and its cash-to-cash cycle time is 90 days, what is the number of days of accounts receivable?

A. 70

B. 90

C. 110

D. 180

Correct Answer:A

Question 83

- (Topic 3)
The ABC classification system answers which two of the following inventory-related questions?

A. How much inventory should be ordered at one time, and when will the order be placed?

B. What is the importance of the inventory item, and how will the inventory items be controlled?

C. How much inventory should be ordered at one time, and what is the importance of the inventory item?

D. When will the order be placed, and how will the inventory items be controlled?

Correct Answer:B

Question 84

- (Topic 2)
A product design that can be produced to requirements even when conditions in the production process are unfavorable typically is known as what type of design?

A. Universal

B. Computer-aided

C. Modular

D. Robust

Correct Answer:D

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