APICS CPIM Exam - Topic 1 Question 102 Discussion

Actual exam question for APICS's CPIM exam

Question #: 102
Topic #: 1

[All CPIM Questions]

Something that has value and is expected to benefit the future operation of the business is known as:

ARevenues

BBusiness Plan

CAsset

DSales

Show Suggested Answer

Suggested Answer: A

by Alverta at Oct 18, 2024, 06:25 AM

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Raylene

7 months ago

I thought sales could fit this description, but I guess not!

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Karina

7 months ago

Revenues are important too, but not the right term here.

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Kristofer

8 months ago

Wait, could it also be a business plan?

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Matilda

8 months ago

Totally agree, assets are key for future growth!

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Aron

8 months ago

It's definitely an asset.

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Boris

8 months ago

I thought "Revenues" could be a contender, but it doesn't really fit the definition of something that benefits future operations.

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Alyce

9 months ago

I'm torn between "Asset" and "Business Plan." Both seem relevant, but I feel like "Asset" is more directly related to value.

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Deane

9 months ago

I remember practicing a question about business resources, and "Asset" was definitely mentioned as something valuable for future operations.

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Loreen

9 months ago

I think the answer might be "Asset," but I'm not completely sure. It sounds familiar from our lectures.

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Terrilyn

9 months ago

I'm a little stuck on this one. I'll have to review my notes on the definitions of different business terms.

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Marla

9 months ago

I'm pretty confident the answer is C. Assets are things the business owns that are expected to provide future benefits.

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Carmelina

9 months ago

Okay, let me break this down. Something that has value and benefits the business in the future... that sounds like an asset to me.

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Wendell

9 months ago

Hmm, I'm not totally sure about this one. I'll have to think it through carefully.

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Nydia

9 months ago

This one seems straightforward - I think the answer is C, Asset.

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Zana

1 year ago

Asset, definitely. Although I have to say, I'm a little jealous of whoever gets to decide what counts as 'valuable' around here.

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Ben

1 year ago

Yes, assets are crucial for the future operation of a business.

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Tomoko

1 year ago

I know what you mean, it can be frustrating when decisions are made about what is considered valuable.

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Felicitas

1 year ago

Asset

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Chauncey

1 year ago

Hmm, this is a tricky one. I'd say C) Asset is the correct answer, but I'm open to being surprised.

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Aide

1 year ago

I'm stumped! I thought it might be D) Sales, since that's what generates revenue for the business. Oh well, time to guess!

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Gretchen

1 year ago

B) Business Plan

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Franchesca

1 year ago

User3: I'm not sure, but I'll go with B) Business Plan, it sounds like something that would benefit the future operation of the business.

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Cordie

1 year ago

C) Asset

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Van

1 year ago

A) Revenues

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Carisa

1 year ago

User2: I agree with User1, assets are valuable resources for a business.

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Veta

1 year ago

User1: I think the answer is C) Asset, because assets have value and can benefit the business in the future.

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Audra

1 year ago

I'm leaning towards B) Business Plan. A good business plan lays out the strategy for the future operations of the business.

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Verdell

1 year ago

A business plan is essential, but don't underestimate the importance of assets and revenues.

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Anthony

1 year ago

D) Sales are crucial for generating revenue and sustaining the business.

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Ma

1 year ago

A) Revenues are important too, they contribute to the overall value of the business.

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Eva

1 year ago

I think C) Asset is also valuable for the future operation of the business.

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Rory

1 year ago

I agree with Cheryll, assets are important for the future operation of a business.

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Anika

1 year ago

I'm pretty sure the answer is C) Asset. Anything that has value and benefits the business must be considered an asset.

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Hildred

1 year ago

Yes, an asset is definitely something that is expected to benefit the future operation of the business.

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Leonard

1 year ago

I agree, an asset is something that has value and benefits the business.

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Cheryll

1 year ago

I think it's C) Asset because assets are valuable resources that can help a business grow.

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Gayla

1 year ago

C) Asset

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