Exam L4M7 Topic 5 Question 195 Discussion

Actual exam question for CIPS's L4M7 exam
Question #: 195
Topic #: 5
What is meant by the term 'obsolete stock'?

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Obsolescent stock is stock, usually finished goods, which is in good condition and satisfactory working but for which demand is irreversibly falling towards zero. Once this demand reaches zero the stock canbe considered 'obsolete'. It cannot be used or sold in its current state. Food ingredients (like candy canes) which are out of date are another example.

by Mona at Sep 01, 2026, 02:31 PM

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