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APICS CPIM Exam - Topic 1 Question 102 Discussion

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

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

Suggested Answer: A

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37 comments · newest first
RA
Raylene 10 months ago
I thought sales could fit this description, but I guess not!
KA
Karina 11 months ago
Revenues are important too, but not the right term here.
KR
Kristofer 11 months ago
Wait, could it also be a business plan?
MA
Matilda 11 months ago
Totally agree, assets are key for future growth!
AR
Aron 11 months ago
It's definitely an asset.
BO
Boris 12 months ago
I thought "Revenues" could be a contender, but it doesn't really fit the definition of something that benefits future operations.
AL
Alyce 12 months ago
I'm torn between "Asset" and "Business Plan." Both seem relevant, but I feel like "Asset" is more directly related to value.
DE
Deane 12 months ago
I remember practicing a question about business resources, and "Asset" was definitely mentioned as something valuable for future operations.
LO
Loreen 1 year ago
I think the answer might be "Asset," but I'm not completely sure. It sounds familiar from our lectures.
TE
Terrilyn 1 year ago
I'm a little stuck on this one. I'll have to review my notes on the definitions of different business terms.
MA
Marla 1 year ago
I'm pretty confident the answer is C. Assets are things the business owns that are expected to provide future benefits.
CA
Carmelina 1 year 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.
WE
Wendell 1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully.
NY
Nydia 1 year ago
This one seems straightforward - I think the answer is C, Asset.
ZA
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.
BE
Ben 1 year ago
↳ replying to Zana
Yes, assets are crucial for the future operation of a business.
TO
Tomoko 1 year ago
↳ replying to Zana
I know what you mean, it can be frustrating when decisions are made about what is considered valuable.
FE
Felicitas 1 year ago
↳ replying to Zana
Asset
CH
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.
AI
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!
GR
Gretchen 1 year ago
↳ replying to Aide
B) Business Plan
FR
Franchesca 1 year ago
↳ replying to Aide
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.
CO
Cordie 1 year ago
↳ replying to Aide
C) Asset
VA
Van 1 year ago
↳ replying to Aide
A) Revenues
CA
Carisa 1 year ago
↳ replying to Aide
User2: I agree with User1, assets are valuable resources for a business.
VE
Veta 1 year ago
↳ replying to Aide
User1: I think the answer is C) Asset, because assets have value and can benefit the business in the future.
AU
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.
VE
Verdell 1 year ago
↳ replying to Audra
A business plan is essential, but don't underestimate the importance of assets and revenues.
AN
Anthony 1 year ago
↳ replying to Audra
D) Sales are crucial for generating revenue and sustaining the business.
MA
Ma 1 year ago
↳ replying to Audra
A) Revenues are important too, they contribute to the overall value of the business.
EV
Eva 1 year ago
↳ replying to Audra
I think C) Asset is also valuable for the future operation of the business.
RO
Rory 1 year ago
I agree with Cheryll, assets are important for the future operation of a business.
AN
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.
HI
Hildred 1 year ago
↳ replying to Anika
Yes, an asset is definitely something that is expected to benefit the future operation of the business.
LE
Leonard 1 year ago
↳ replying to Anika
I agree, an asset is something that has value and benefits the business.
CH
Cheryll 2 years ago
I think it's C) Asset because assets are valuable resources that can help a business grow.
GA
Gayla 2 years ago
C) Asset
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