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CIPS Whole Life Asset Management L4M7 Question # 78 Topic 8 Discussion

CIPS Whole Life Asset Management L4M7 Question # 78 Topic 8 Discussion

L4M7 Exam Topic 8 Question 78 Discussion:
Question #: 78
Topic #: 8

Which ONE of the following correctly differentiates between obsolescent and redundant stock?


A.

Obsolescent stock is in short supply; redundant stock has no current supplier with stock available


B.

Obsolescent stock is damaged goods that need returning to suppliers; redundant stock is no longer stocked by the organisation


C.

Obsolescent stock has been updated by another item but can still be used; redundant stock is no longer used by an organisation


D.

Obsolescent stock has been supplied by a failed supplier; redundant stock requires quality testing before use


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