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A manufacturer has discovered that some of the stock in its storeroom is obsolete and...

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A manufacturer has discovered that some of the stock in its storeroom is obsolete and now wishes to take the appropriate action. Should the manufacturer write the stock off?

A.

No, the best approach would be to leave the stock where it is

B.

Yes, as it has no value it must be written off

C.

Yes, this will increase the sales for the period

D.

No, it should be included with the closing stock

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CIPS L4M7 Summary

  • Vendor: CIPS
  • Product: L4M7
  • Update on: Jul 30, 2025
  • Questions: 255
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TESTED 02 Aug 2025