Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

IIA Exam IIA-CIA-Part3-3P Topic 7 Question 48 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam
Question #: 48
Topic #: 7
[All IIA-CIA-Part3-3P 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.

Show Suggested Answer Hide Answer
Suggested Answer: A

by Cecil at Jul 09, 2024, 05:10 AM

Limited Time Offer

25%

Off

Get Premium IIA-CIA-Part3-3P Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Dottie
2 months ago
Sales returns? That's just the cost of doing business. I'm going to select all of the above and see what happens. What's the worst that could happen?
upvoted 0 times
...
Ahmed
2 months ago
Market share forecasts? I don't need to know what everyone else is doing. I just go with my gut and hope for the best. That's the true entrepreneurial spirit!
upvoted 0 times
Ronnie
1 months ago
Market share forecasts can provide valuable insights for managing inventory obsolescence risk.
upvoted 0 times
...
Elly
1 months ago
Inventory balances should also be monitored to manage the risk of inventory obsolescence.
upvoted 0 times
...
Clorinda
2 months ago
Sales trends are important to monitor for managing risk of consumer product inventory obsolescence.
upvoted 0 times
...
...
Almeta
3 months ago
Sales trends? That's for the boring bean counters. I'm all about taking risks and keeping my customers on their toes with surprise inventory changes.
upvoted 0 times
Linsey
1 months ago
User 3: I think monitoring inventory balances and sales trends is crucial for managing inventory obsolescence risk.
upvoted 0 times
...
Carma
1 months ago
User 2: I disagree, I prefer to take risks and keep customers on their toes with surprise inventory changes.
upvoted 0 times
...
Felix
2 months ago
User 1: Sales trends are important to monitor for managing risk of consumer product inventory obsolescence.
upvoted 0 times
...
...
Lorean
3 months ago
Inventory balances? Pff, who cares about that when you can just order more when you run out. That's how I keep my closet stocked with the latest fashion trends!
upvoted 0 times
Thea
2 months ago
User 3: I just order more when I run out, no need to worry about inventory balances.
upvoted 0 times
...
Mammie
2 months ago
User 2: Sales trends should also be monitored to avoid excess inventory.
upvoted 0 times
...
Lai
2 months ago
User 1: Inventory balances are important to manage risk of obsolescence.
upvoted 0 times
...
...
Dominga
3 months ago
True, sales trends can help us predict potential inventory obsolescence.
upvoted 0 times
...
Rupert
3 months ago
I agree, but we should also keep an eye on sales trends.
upvoted 0 times
...
Dominga
4 months ago
I think we should monitor inventory balances.
upvoted 0 times
...

Save Cancel