- (Topic 2)
Distribution from which of the following types of sites enables goods to enter a country, undergo further modification, and then be exported without paying customs duties?

1. A. Public warehouse
2. B. Value-added territory
3. C. Free trade zone
4. D. Customs clearing house

Correct Answer: C

- (Topic 3)
A juice manufacturer wants to determine the time required to convert a dollar spent on materials into a dollar received in sales. Which of the following metrics would be most
appropriate to make this determination?

1. A. Activity-based costing
2. B. Inventory carrying cost
3. C. Cash-to-cash cycle time
4. D. Average financial turnover

Correct Answer: C

- (Topic 3)
Which of the following elements is critical to successfully using a sales and operations planning process?

1. A. Focusing on performance of the past 12 to 18 months
2. B. Implementing a unified cross-functional plan and process
3. C. Implementing bottom-up decision making
4. D. Aligning the forecast to the annual budget

Correct Answer: B

- (Topic 2)
The social dimension of sustainability typically would be addressed when developing and implementing policies regarding:

1. A. accounting practices.
2. B. biodiversity protection.
3. C. conflicts of interest.
4. D. waste reduction.

Correct Answer: C

- (Topic 3)
Which of the following types of lead times is related most closely to a supplier performance measure?

1. A. Fulfillment
2. B. Replenishment
3. C. Overall
4. D. Process

Correct Answer: B