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Exam IIA-CIA-Part3 All Questions

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Exam IIA-CIA-Part3 topic 1 question 19 discussion

Actual exam question from IIA's IIA-CIA-Part3
Question #: 19
Topic #: 1
[All IIA-CIA-Part3 Questions]

What must be monitored in order to manage risk of consumer product inventory obsolescence?
1. Inventory balances.
2. Market share forecasts.
3. Sales returns.
4. Sales trends.

  • A. 1 only
  • B. 4 only
  • C. 1 and 4 only
  • D. 1, 2, and 3 only
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Suggested Answer: C 🗳️
by chung002 at Nov. 26, 2020, 12:30 a.m.

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34205ac
3 months, 3 weeks ago
INventory balances to keep them in the proper balance and sales trends to utilize the best time for sale and balancing between Supply and demand
upvoted 1 times
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chung002
4 years, 3 months ago
obsolency risk, one has to look at past sales (sales trend) and inventory balance.
upvoted 4 times
John1237
2 years, 6 months ago
It's therefore a vision based on the past and the present.
upvoted 1 times
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