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CIPS Whole Life Asset Management L4M7 Question # 3 Topic 1 Discussion

CIPS Whole Life Asset Management L4M7 Question # 3 Topic 1 Discussion

L4M7 Exam Topic 1 Question 3 Discussion:
Question #: 3
Topic #: 1

In a manufacturing organization, which of the following explains an 'indirect' stock classification of items?


A.

Where the stock has been acquired from a distributor rather than another manufacturer


B.

Where the stock does not have to be paid for until it has been used by the manufacturer


C.

Where the stock is currently held in a warehouse owned by another organization


D.

Where the stock is not used as part of manufacturing of the finished product


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